MasterCard

Mastercard and Ripple’s Xpring Join Industry Group to Promote Blockchain Education

Mastercard has joined a working group that supports blockchain education and research in universities around the world. Blockchain accelerator MouseBelt announced Tuesday it has welcomed 11 founding members into its Blockchain Education Alliance. In addition to the card network, the new members include the innovation arms of payments startup Ripple and crypto exchange Binance; and …

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Mastercard, Binance X and Ripple’s Xpring Join the Blockchain Education Alliance

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members.  Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator, told Cointelegraph on Feb. 11 that the new members include payment processing behemoth Mastercard, the innovation arm of major crypto exchange Binance, Binance X, Ripple’s accelerator Xpring and cryptocurrency exchange …

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User Reports Reveal Visa and Mastercard Outages During the Holidays

</header> <strong>Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches that affected card payments in particular. </strong> Also read: New …

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Largest American Food Coop to Pilot Mastercard’s Blockchain Tech

Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations.  According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance Solution.  Topco will use the platform to trace the …

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How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency

<header class=”article__header”> </header> <strong>They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture, many centralized …

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Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’

Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about this” After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Armstrong, co-founder and CEO of major U.S. crypto exchange Coinbase, called the action …

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Visa, Mastercard, Ebay, Stripe Join Paypal in Leaving Libra

<header class=”article__header”> </header> <strong>Most payment companies have now pulled out of Facebook’s Libra project. Visa, Mastercard, Ebay, and Stripe have followed Paypal in dropping out of the project amid regulatory concerns. The Libra Association has responded to the exodus of these companies. David Marcus, who is in charge of the project, calls it “liberating.”</strong> Also …

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Visa, Mastercard, eBay, Stripe Follow PayPal in Quitting Facebook’s Libra Project

Digital auction company eBay and payments firm Stripe have both pulled out of the Facebook-led Libra Association. The Financial Times reported 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. An eBay spokesperson told the FT …

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U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra

</header> <strong>In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully consider” risks before moving forward. </strong> …

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US Lawmakers Call on Payment Giants to Exit ‘Chilling’ Libra Project

Two U.S. Senators have publicly asked Visa, Stripe, and Mastercard to remove themselves from the Facebook-led cryptocurrency payment network, Libra. Senator Brian Schatz (D-HI) and Sherrod Brown (D-OH) sent three separate letters Tuesday to Visa CEO Alfred F. Kelly Jr., Stripe CEO Patrick Collinson and Mastercard CEO and president Ajaypal Singh Banga over the firms’ participation in …

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