News by results: payments

Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the 'Cusp of Really Going Mainstream'

Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto is on the “cusp of really going mainstream.”

Why Mastercard Launched First NFT Card With This Crypto App

Per an official announcement, payment giant Mastercard partnered with crypto financial app Hi to launch the “world’s first non-fungible token (NFT) card. This new payment product will enable people to customize their avatars with an item from a collection comprised of these digital assets.

Binance partners with Ukrainian supermarket chain to accept crypto through Pay Wallet.

Customers who use the Binance Pay Wallet to pay for their orders will be eligible to enter a rewards program.

Alipay Provides Digital Yuan Boost as COVID-19 Deals PBoC Blow

The e-payments giant Alipay, part of the Alibaba business empire, has added an advanced search function for users wishing to use its platform to make payments using the digital yuan within the fast-expanding pilot zone.

South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account

The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.

Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute

Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion.

MetaMask rolls out Apple Pay integration and other iOS updates

Starting with iPhone users, MetaMask is adding integrations with payment gateways on its mobile wallet to increase options for buying crypto.

Why Top International Banks Partnered to Use Ripple Network

An international banking alliance is using the Ripple blockchain network technology for cross-border payments efficiency. Banks from Canada and Israel signed an agreement with National Australia Bank (NAB), Australia’s largest business bank, to improve the security and efficiency of their payment systems, share innovation strategies, and more.

Visa Is Expanding Its Crypto Strategy And Is Hiring Graduates To Help With This

Visa has a number of crypto products and services that it now offers to its customers. A new job posting by the payments platform indicates that Visa is now seeking to further grow this area of their business.

Citi’s digital asset co-heads resign with plans to create crypto startup

This move follows various other banking veterans making the change from Wall Street to crypto ventures. Alex Kriete, co-head of digital assets at Citi, announced his resignation from the banking giant after 11 years at the firm on Thursday via LinkedIn. He stated in his post that he intends to devote himself full-time to developing a new cryptocurrency company but provided no additional details at the time.

Centralised finance cripples Russia as Visa and Mastercard withdraw from country

Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia.

Upcoming Apple iPhone feature to give merchants a way to accept crypto payments

Apple Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.

The Metaverse: Three Legal Issues We Need to Address

The “metaverse” seems to be the latest buzzword in tech. In general terms, the metaverse can be viewed as a form of cyberspace. Like the internet, it’s a world – or reality, even – beyond our physical world on Earth.

UAE Based Money Transfer Firm Announces Partnership With Ripplenet

Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders.

Is this the end of Facebook’s Diem?

Rumors are that Diem is looking to find a buyer after failing to secure regulatory approval.

McDonald’s Dumb Joke With Elon Musk About A Meme Coin Has Led To Possible Crypto Scams

Grimace, the purple blob character in McDonald’s advertising, is a complicated guy. When he first appeared in 1971, he played the villain, a stolen milkshake often clutched in each of his four—four!—arms. The company called him “Evil Grimace.” But as Grimace found, it’s hard to make crime pay forever. A decade or so later, McDonald’s rethought him rather significantly, reduced his arms by two, dropped the epithet from his name and turned him into Ronald McDonald’s dopey sidekick.

Google Reportedly Exploring Options To Enable Crypto On Digital Cards

Google Inc. (NASDAQ: GOOG), a multinational technology corporation known for its suite of internet services, is reportedly taking strategic inroads to the crypto space, through its recent partnerships formed with Coinbase and BitPay that would enable new functionalities for Google Pay, its consumer payments division.

Moneygram invests in crypto atm operator, buys 4% stake

Moneygram has revealed that it has bought 4% stake in crypto ATM operator, Coinme.

PayPal Beats Expected Q3 Results, Intends to Increase its Crypto Offerings

PayPal and Venmo have seen massive growth during Q3 2021 and both parties believe cryptocurrencies had a lot to do with that.

Mastercard launches crypto-linked cards across Asia-Pacific

From CBDCs to payments and up to crypto forensics, Mastercard has been highly active in the digital currency market.