Mastercard launches Web3 user verification solution to curb bad actors

    Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. Global financial services giant Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space. The solution is dubbed the “Mastercard Crypto Credential”…

    Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time

    While the collapse of FTX shaved $100 billion off of BTC’s market cap in just four days last year, BTC has managed to fully recover and stack on another $65 billion. A 48% Bitcoin price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once again….

    BitOasis partners with Mastercard to roll out crypto-linked cards in the MENA region

    Сrypto platform BitOasis and Mastercard have partnered to launch a series of crypto card programs in the MENA region to enable the use of cryptocurrencies at points of sale and across e-commerce platforms. It will allow BitOasis customers to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90…

    Mastercard partners with Paxos to launch crypto trading for banks

    Mastercard announced on October 17 the Crypto Source program, which will make it easier for banks and financial institutions to offer cryptocurrency trading. The payments giant is teaming up with Paxos to launch the service and take care of compliance and security. The Crypto Source program will act as a “bridge” between the crypto trading…

    Mastercard launches crypto anti-fraud tool Crypto Secure

    Payments giant Mastercard launches Crypto Secure, a new software product designed to help banks and other card issuers identify and block suspicious transactions from crypto exchanges. The service is powered by CipherTrace, a blockchain security startup acquired by Mastercard last year. According to a CNBC report, Mastercard on Sept. 4 debuted a new piece of…

    Mastercard and Hi app launch the first NFT debit card

    Payment giant Mastercard partnered with crypto financial app Hi to launch the world’s first NFT card, an official announcement said. This new card will allow people customize their NFT avatars with an item from a collection comprised of these digital assets. Per the statement, Mastercard and Hi will enable customers to personalize their verified profiles…