mastercard

President Donald Trump has reportedly pushed for broader access to China's financial market for U.S. credit card companies. During talks with Chinese President Xi Jinping, Trump raised concerns about the limited access these companies face in China's credit card market. “I said, ‘What...

Mastercard Inc. (NYSE:MA) is in advanced discussion to acquire cryptocurrency startup Zerohash for between $1.5 billion and $2 billion, according to a report published Wednesday. Mastercard Betting On Crypto Infra? The payment technology company is in “late-stage talks” to buy...

Trevor Wells, growth marketing manager at cryptocurrency exchange Gemini, highlighted on Thursday various rewards the firm’s Bitcoin (CRYPTO: BTC) credit card offers, which co-founder Cameron Winklevoss described as “insane.” What Happened: Wells shared his calculations on X,...

Mastercard's (NYSE:MA) top product executive says shoppers are on the brink of abandoning web browsers for AI concierges that both discover and pay for goods. What Happened: "We're convinced that we are on the eve of a paradigm shift in commerce," Mastercard’s Chief Product Officer Jorn...

Visa Inc. (NYSE:V) has reportedly proposed a $100 million payment to Apple Inc. (NASDAQ:AAPL) to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. (NYSE:GS...

The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...

In a bold move to penetrate the U.S. point-of-sale (POS) payments market, PayPal Holdings Inc (NASDAQ:PYPL) is integrating its debit card with Apple Inc.‘s (NASDAQ:AAPL) mobile wallet and offering different cashback rewards. What Happened: This move is part of a strategic shift led by new...

The tokenization of financial assets is transforming investment opportunities for individuals and businesses. By allowing fractional ownership, investors can hold a part of a high-priced asset, such as real estate, rather than purchasing the entire asset. This shared approach divides costs and...

On Monday afternoon, news broke that the probability of the SEC at least partially approving a spot ethereum ETF had vastly increased. This immediately led to massive buying activity for ETH, sending the price from less than $3,100 to over $3,800 in 24 hours. This marked the largest daily move for...

A planned merger between Capital One Financial Corp (NYSE:COF) and Discover Financial Services (NYSE:DFS) has been met with sharp criticism from Democratic lawmakers and consumer advocacy groups. They caution that the merger could result in a decrease in competition...

Mastercard Inc (NYSE: MA) wants to team up with self-custody wallet firms such as MetaMask and Ledger, according to a Web3 strategy workshop presentation, reported CoinDesk.  The company believes the payment card can assist wallet providers in increasing active users,...

Leading the charge in the financial industry's digital transformation, Sherri Haymond ensures consumers can effortlessly conduct their day-to-day transactions, bridging the gap between both small and large players with their target consumers. With more than 20 years of experience in the...

With rising global interest in central bank digital currency (CBDCs), Mastercard (NYSE: MA) is firm on supporting the central bank with its CBDC program which was initially launched in August 2023. The program’s partners include Ripple, Consensys, Fluency, and Fireblocks. “Our goal is...

Nexo, a prominent institution in the digital assets realm, has unveiled a groundbreaking Dual Mode capability for its signature Nexo Card. This feature, a first of its kind, offers both debit and credit functionalities. Launched in collaboration with Mastercard and DiPocket in 2022, the Nexo Card...

Payment processing specialist Shift4 Payments Inc. (NYSE: FOUR) formed a bullish base below resistance at $76.40. Its second-quarter earnings report on August 3 is a possible catalyst for a significant price move.  Shift4 is part of the payment processors sub-industry, which includes...