Mastercard has welcomed six new companies in the fields of software-as-a-service, transactions, and blockchain-based payments. It has been reported by Mastercard that Asante Financial Services, Cledara, Jifti, Moeda Seeds, SpendDebt, and Tippy were selected for being “fintech innovators” in these fields. However, Moeda Seeds stands out as the sole blockchain company offering digital banking, payments, and micro credits utilizing distributed ledger technology (DLT). Mastercard

Gemini, the New York-based cryptocurrency exchange, has planned to allow cryptocurrency holders to spend crypto and receive Bitcoin (BTC) cashback rewards on Mastercard credit cards. It has been reported that the credit card will be released in conjunction with Mastercard and will be issued by online banking institution WebBank. However, it is expected to be released this coming summer and has reportedly received over 140,000 sign-ups from waiting for customers already. The r

The Central Bank of the Bahamas has partnered with Mastercard and Island Pay, the digital payment startup, to launch a card for its central bank digital currency (CBDC), the “sand dollar.” It has been reported that the card is running under a new program from Mastercard and Island Pay by allowing users to convert the digital currency to traditional Bahamian dollars and pay for goods and services. However, the new card will be accepted for payments across the Caribbean region

Report said that MasterCard will allow its almost one billion users to spend cryptocurrencies at more than 30 million merchants. It has been reported that the firm believes this may open merchants up to new customers and build loyalty with existing customers who are already migrating to digital assets over traditional fiat options. The report said: “It’s about choice. MasterCard isn’t here to recommend you start using cryptocurrencies. But we are here to enable customers, mer

Pornhub, an adult entertainment giant, has accepted cryptocurrency Verge (XVG) for its around 120 million daily visitors. Payment providers Visa and MasterCard are no longer servicing its payments. It has been reported that the companies say that the reason is questions that remain over Pornhub’s handling of illegal content. For MasterCard, the block is permanent, while Visa will continue to monitor its decision. Pornhub stated: “The allegations were irresponsible and flagran

Wirex, the London-based crypto payment processor, has become the first cryptocurrency platform to be granted a Mastercard principal membership and will release a new multi-currency card on the heels of the membership linked to 19 secure crypto and traditional currency accounts in the Wirex app. It has been reported that the multi-currency Wirex Card will be supported by Mastercard and linked to 19 crypto and fiat currency accounts in the Wirex app. An official release date ha

Mastercard has announced the release of a proprietary tool targeted to central banks that wish to test their Central Bank Digital Currency (CBDC). It has been reported by a Bank of International Settlements that over 70% of central banks are entertaining the idea of digital currency in some form. However, few have moved into actual concept and experimentation, as the tool released by Mastercard aims to make testing simpler. The tool simulates various types of transaction envi

Mastercard‘s Singapore-based subsidiary has filed a patent with the US Patent Office for using hardware devices that specifically mentions Iota’s (MIOTA) Tangle technology. It has been reported that the patent claim, which published on August 20, proposes a pay-as-you-go system that uses a “transparent data storage system and aggregation.” However, users must provide their credentials to gain access to a particular hardware device, the patent cites copiers and 3D printers as

Mastercard is reaching out to cryptocurrency firms and encouraging them to apply for becoming partners as part of its newly-expanded cryptocurrency card program. It has been reported that Mastercard said it was simplifying access to its Accelerate program for crypto card issuers by allowing applicants to be onboarded as partners “in a matter of weeks.” However, enhanced for crypto card applicants, the Accelerate program gives partners to support their market entry, continued

The Linux Foundation has announced a new data privacy project featuring dozens of cross-industry giants like Mastercard and IBM. Dubbed as the ToIP Foundation, the new data trust coalition aims to provide a trusted exchange of data over the internet and establish a global standard to ensure digital trust. NEWS: New Trust Over IP (ToIP) Foundation will enable trustworthy exchange and verification of data between any two parties on the Internet: https://t.co/nScOZ3ORh8 @trustov

VeChain, Mastercard and Alipay are among the few major players backing the new APAC Provenance Council. It has already secured millions in funding for supply chain tracking and financing pilots throughout the Asia Pacific region. The consortium will provide comprehensive solutions for authenticating and tracking food, wine and produce using blockchain, with a particular focus on the $76 billion of exports from Australia to China. VeChain, Mastercard and Alipay Join Australia-

Matrixport, the Bitmain-backed financial service platform, has partnered with Simplex, an EU-licensed payments processing firm, to allow users to purchase cryptocurrencies by using their credit and debit cards. It has been reported that Matrixport users from across the globe are now able to buy seven cryptocurrencies including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), DASH and Tether (USDT) via Visa or Mastercard by using Matrixport’s websi

Binance, the major cryptocurrency exchange, has announced today that users in the 19 countries can now use Visa or Mastercard debit and credit cards to purchase a range of cryptocurrencies in seconds. Buy #Crypto With Mastercard Now Available in 19 Countrieshttps://t.co/wt46p3YRwj pic.twitter.com/yv81xpvrvQ — Binance (@binance) April 3, 2020 The list of 19 countries is mentioned below: Brazil Colombia Czech Republic France Germany Indonesia Italy Latvia Mexico Netherlands No

Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. According to a Feb. 18 announcement United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex. Joining forces with @CelsiusNetwork to make the opportunities of crypto lending more accessible:https://t.co/cchc4rICFZ@Cointelegraph pic.twi

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt gains members such as Binance X, Ripple’s accelerator Xpring, KUCoin, and Mastercard. On Feb. 11 Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator told that the new members include: Payment processing behemoth- Mastercard The innovation arm of major crypto exchange Binance- Binance X Ripple’s accelerator- Xpring Cryptocurrency exchange- KuCoin Awesome to see @Mas

According to new data from SEMRush, a marketing analysis firm, Bitcoin (BTC) is the third-most preferred online payment method in Italy. On October 31, it has been reported by La Stampa, the Italian news outlet that the Boston-based marketing analysis company is in the list of the most used methods of online payment systems in Italy. Bitcoin comes in a strong, third place, just behind PayPal and PostePay, the Italian reloadable prepaid card service. The data further revealed

Mastercard, Visa, eBay – digital auction company, Stripe – payments firm and Mercado Pago have all pulled out of the Facebook-led Libra Association. The Financial Times reported on October 11 (Friday) that eBay and Stripe dropped out of the Libra cryptocurrency project, citing political pressure, following PayPal, which pulled its own support of the project earlier this week. A Mastercard spokesperson said that the company will be withdrawing as well. In a statement, the Mast

The US lawmakers are pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as a consequence of PayPal’s very public exit from the Libra project. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully consider” risks before moving forward. It has been reported by news.Bitcoin.com that PayPal has cut ties with Facebook’s upcoming crypto project by leaving the Libra Association. However, Libra is n