Archives

September 18, 2025 @ 11:46 pm By Omar Faridi  |  

Alchemy Pay, a key player enabling fiat-crypto payment solutions, has unveiled its innovative fiat-to-Real World Assets (RWA) platform. Launched this month, this platform integrates seamlessly with Visa, Mastercard, and Backed’s xStocks, enabling users worldwide to invest in tokenized U.S. stocks and ETFs using everyday fiat… Read More

September 17, 2025 @ 5:32 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is accelerating its push into the future of finance, blending blockchain tech advancements, improved ATM experiences, AI-driven commerce, and smarter decision-making tools. These updates underscore the company’s commitment to fueling the digital economy through trusted, secure, and user-centric technologies. One highlight is… Read More

August 26, 2025 @ 10:45 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Cardstream released a white paper titled PayFac as a Service: Reshaping the Payments Landscape, marking a pivotal moment in the evolution of digital payments. This update explores the potential of Payment Facilitation as a Service (PFaaS), a model poised to possibly redefine… Read More

August 25, 2025 @ 6:57 am By Tony Zerucha  |  

Zum Rails – an instant payments ecosystem and embedded finance provider, has launched its new suite of Mastercard–powered prepaid card programs across most of Canada, save for British Columbia.   These reloadable cards will enable businesses to offer expense management, wage access, consumer rewards, and… Read More

August 1, 2025 @ 10:18 am By Omar Faridi  |  

Mastercard (NYSE: MA) and BMO announced an expansion of BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of destinations and currencies, BMO’s Canadian personal banking clients will be able to “reach family and friends in nearly 70 destinations… Read More

July 21, 2025 @ 5:11 pm By Omar Faridi  |  

On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law, marking a historic milestone for the cryptocurrency industry. This legislation establishes the first comprehensive federal framework for regulating stablecoins—digital currencies pegged to assets… Read More

July 20, 2025 @ 5:45 pm By Omar Faridi  |  

Visa (NYSE:V) and Mastercard (NYSE: MA) are once again under legal scrutiny, facing a fresh multi-billion-pound class action lawsuit. The case, lodged in the UK’s Competition Appeal Tribunal, accuses the two companies of imposing excessive interchange fees, which are alleged to violate competition laws. This… Read More

July 8, 2025 @ 11:19 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Pay4You, a self-service payment portal, have announced a new partnership to deliver a tail spend management solution for corporations across Europe. This collaboration leverages Mastercard’s Virtual Card Network (VCN) technology, and guarantees card acceptance, “providing a seamless and efficient way for… Read More

July 3, 2025 @ 9:21 am By Omar Faridi  |  

Mastercard Start Path is offering a new Security Solutions program designed to support startups that are developing technologies in “cybersecurity, fraud mitigation, digital identity, and payment resiliency.” OneID, Scamnetic, Spec, VanishID, and Shield-IoT are “the first startups to participate following a global application and vetting… Read More

June 29, 2025 @ 10:58 pm By Omar Faridi  |  

In a key decision, the UK’s Competition Appeal Tribunal (CAT) has ruled that the multilateral interchange fees (MIFs) charged by Visa and Mastercard to retailers violate European competition law. This ruling, delivered in June 2025, marks a significant moment in the ongoing scrutiny of payment… Read More

June 26, 2025 @ 9:01 am By Omar Faridi  |  

Mastercard (NYSE: MA) is focused on addressing modern financial challenges, from combating first-party fraud to embracing cryptocurrency. Recently, the global payments firm announced key initiatives that highlight its commitment to innovation, security, and bridging traditional finance with the digital economy. These developments—the expansion of the… Read More

June 3, 2025 @ 3:04 pm By Omar Faridi  |  

Deutsche Bank (NYSE: DB) and Mastercard (NYSE: MA) are pleased to announce a strategic partnership designed to accelerate the evolution of open banking and redefine the payment experience for merchants and consumers across Europe. The collaboration will elevate Deutsche Bank’s Merchant Solutions offering, particularly its… Read More

June 2, 2025 @ 5:38 pm By Omar Faridi  |  

Mastercard (NYSE: MA) introduces Touch Card by Mastercard in Canada, a tactile notch feature designed to help empower the sight loss community. Touch Card is available on the new CIBC Adapta Mastercard, “helping bring security and independence during the payment process.” Eight in ten Canadians agree… Read More

May 20, 2025 @ 7:40 am By Omar Faridi  |  

MeaWallet, a digital payments enabler specializing in card tokenization, proudly announces its support for Central Cooperative Bank in launching Click to Pay push provisioning functionality for its customers. This feature will enhance the digital payments experience “for users by enabling seamless card enrolment into Click… Read More

May 15, 2025 @ 10:44 am By JD Alois  |  

Large European retailers are asking the European Commission to address the fees charged by credit card issuers like Visa and Mastercard. According to a report, these retailers want these fees reduced. The message was said to be sent in a letter, addressed to the Commission’s… Read More

May 15, 2025 @ 9:21 am By JD Alois  |  

While stablecoins are typically lumped in with the broader crypto-sphere, a more apt description is an update to payments and transfer rails. Stablecoins may provide immediate settlement, at a lower cost, with more security than traditional payments rails. In an announcement today that reflects this… Read More

May 9, 2025 @ 5:50 pm By Omar Faridi  |  

Canadian fintech company Nuvei (Nasdaq: NVEI) and Mastercard (NYSE: MA) are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate “payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card.” Mastercard Move… Read More

May 7, 2025 @ 4:53 pm By Omar Faridi  |  

The Mastercard Center for Inclusive Growth and the Bahrain’s Labour Fund (Tamkeen) announced a partnership to explore the launch of the Mastercard Strive program in the Middle East, aimed at advancing financial and digital readiness for SMEs in Bahrain. This collaboration seeks to empower Bahraini… Read More

May 2, 2025 @ 12:06 pm By Omar Faridi  |  

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More

April 29, 2025 @ 9:45 pm By Omar Faridi  |  

In a transformative step toward bridging traditional finance and the digital economy, Mastercard (NYSE: MA) has unveiled an initiative to incorporate stablecoins into its global payments network. This move aims to make stablecoin transactions as intuitive and secure as conventional payments, enabling consumers to spend… Read More