Tag: mastercard

  • mastercard

    Mastercard Recognises the Influence of Cryptocurrencies

    Mastercard released their 2018 Q1 financial results on May 2 showing record first-quarter net income of $1.5 billion and revenue of $3.6 billion. They attributed some of this success to the December and January boom in cryptocurrency prices as they expect results to drop following the recent bear market....

    timcopeland | May 4, 2018 | 6:00 pm
  • Litecoin

    Litecoin Takes a Dip as LitePay Ceases Operations

    Litecoin has taken a significant price hit since promised payment processor LitePay has informed them that it has closed up shop. What Went Wrong? On Monday, March 26 the Litecoin Foundation, a non-profit dedicated to the advancement of Litecoin and an investor in LitePay,  announced on its website that...

    John McMahon | March 27, 2018 | 6:48 am
  • mastercard

    Mastercard Will Support Government Backed Cryptocurrencies but Not Junk

    Mastercard has announced that it is receptive to using nationally backed central bank issued digital currency in the future while holding on to its stance that all others are “junk”, The Financial Times reported. Mastercard Will Deal With National Digital Currency In an interview with the FT Ari...

    John McMahon | March 20, 2018 | 8:00 am
  • patent

    Bank of America Holds 45 Crypto-Related Patents

    A patent grants its holder exclusive rights to an invention, such as a piece of technology, for a certain period of time. While designed as a means of protecting the intellectual property of inventors, the system is not without its critics who believe that patenting deters innovation and...

    Thomas Delahunty | February 17, 2018 | 12:30 am
  • creditcards

    Visa and Mastercard Made Buying Cryptocurrency More Expensive

    The price of buying Bitcoin just went up! If you use your credit cards to buy cryptocurrency on Coinbase (or any other exchange) expect to pay at least 10% more in fees. Using credit cards to buy cryptocurrency is over Both Mastercard and Visa have decided in the...

    John McMahon | February 6, 2018 | 7:30 am
  • Ethereum Enterprise

    Ereum Enterprise Alliance Wel Big Names Including Mastercard & Cisco

    Interesting things are happening for the Ethereum Enterprise Alliance these days. This open-source blockchain initiative is attracting a lot of attention lately. With several dozen members on board after just seven months, things are looking quite good. The latest companies to join the EEA include Cisco, MasterCard, Scotiabank,...

    JP Buntinx | July 19, 2017 | 11:00 am
  • uphold

    Uphold’s Virtual MasterCard to Make Online Payments with BTC Easier

    The adoption rate of Bitcoin leaves a lot to be desired. The slow rate of adoption is attributed to limited spending options when it comes to making payments for regular, everyday needs. Uphold, the cryptocurrency platform has made spending digital currency a bit easier by introducing virtual cards....

    Gautham | November 28, 2016 | 9:30 pm
  • Bitcoin

    Mastercard President Doesn’t Care for Bitcoin; Only Blockchain

    Mastercard president Rob Reeg admits he doesn’t particularly care for bitcoin, but thinks the blockchain holds promise. In a recent interview with the Business Standard, Reeg opened up about some of Mastercard’s ongoing projects surrounding blockchain technology, and how they plan to implement further security for card holders....

    Guest Author | October 4, 2016 | 11:00 pm
  • HomeSend Cash Remittance Ethiopia

    MasterCard-backed Home Send Wants Reduce Cash Remittance

    Cash is the dominant form of transferring value in the remittance sector. Even though users can fund the transfer with bank transfers or credit cards, recipients will always get paid out in cash. Over in Ethiopia, the competition is heating up, as HomeSend plans to reduce cash usage...

    JP Buntinx | September 25, 2016 | 3:06 pm
  • Visa

    Visa Wants Maximum Revenue Regardless Of Retailer Concerns

    Despite the convenience factor associated with credit and debit card payments, there are a lot of drawbacks as well. Despite introducing new security measures to reduce fraudulent payments, Visa forces retailers to swipe cards as well, which are far more prone to fraud. Does Visa Even Care About...

    JP Buntinx | May 15, 2016 | 7:30 pm

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