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Fintech
·Jul. 25, 2023

B2B could drive virtual card adoption – are AR teams ready?

In the coming age of B2B virtual card payments, Mastercard's Receivables Manager brings automation to AR teams.
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FintechNews RoundupUSA
·Apr. 3, 2020

Big Card Issuers Should Voluntarily Reduce Interchange Rates

The National Restaurant Association has asked Congress to mandate the reduction of credit card interchange fees during the current crisis;...
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LatAm
·Feb. 1, 2023

Binance partners with Mastercard to launch prepaid crypto card in Brazil

Binance announced a partnership with Mastercard this week to launch a prepaid card in Brazil, the second initiative of its kind in Latin America after a previous rollout in Argentina.
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FintechNews Roundup
·Nov. 11, 2016

Citi Launches Global Digital Wallet: Citi Pay

Citi customers will now have a simple and fast option for online, in-app and in-store payment needs with the new digital wallet Citi Pay; this will be viewed as a digital expansion of their current bank and credit card accounts; Citi is also partnering with Mastercard to leverage their digital payment service, Masterpass, which will give Citi customers access to hundreds of thousands of merchants in 33 countries.  Source

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open banking mastercard study
Banking
·Dec. 14, 2021

Eight in 10 North Americans use open banking: Study

In one parameter, data show that 80% of USA consumers and 82% of Canadians use a payment or banking service connected to their primary accounts.
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FintechNews RoundupUSA
·Jan. 29, 2019

Banks and Fintechs Argue Over Payments Systems

Banks and fintech firms are in competition over payments systems and each thinks real-time payments should be run differently; Bank...
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binance crypto fiat card
Fintech
·Sep. 6, 2022

Binance launches crypto-fiat card in Argentina

Argentina's inflationary economy has reached new highs leading more people to crypto. Binance hopes to serve them with a seamless solution.
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Chilean Central Bank
LatAm
·Apr. 4, 2023

Chilean Central Bank blocks fintechs from operating cross-border payments

These operations had been legally challenged by credit card companies, which currently dominate this type of activity in Chile.
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Coinbase NFT Mastercard
Crypto
·Jan. 18, 2022

Coinbase NFT platform will use Mastercard

Coinbase and Mastercard announced a partnership to offer users more "payment choices" on the upcoming Coinbase NFT platform.
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big techCryptoenterprise blockchainpaytechstablecoins
·May. 6, 2019

Facebook and Bitfinex both want $1 Billion for Crypto Stablecoins

There is poetry in the symmetry of this situation. Bitfinex is looking to raise $1 billion in capital to support the most popular stablecoin Tether, which it controls. Facebook is reportedly looking to raise $1 billion in capital from First Data, Visa and Mastercard and other payments companies to shore up its own stablecoin asset. Poetry is where the similarities end, and all these devils are in the details.

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