Business 18 February 2019

Case for crypto gets stronger as Visa, MC prepare to raise fees

Visa and Mastercard, the two biggest U.S. card networks, are planning to introduce higher fees, according to a report by Wall Street Journal. The new fees are expected to be implemented this coming April.

Business 1 February 2019

Crypto exchange Binance adds support for debit, credit card deposits

Cryptocurrency exchange Binance has announced it is now supporting debit and credit card payments, in a move expected to help increase mainstream adoption.

Business 23 January 2019

Mastercard fined $640M for obstructing cross-border payments

Mastercard has been handed a fine of over €570 million ($648.4 million) after it was found to be obstructing merchants from accessing lower fees for cross-border payments, contrary to European Union (EU) law.

Tech 12 December 2018

Latest Mastercard patent filing covers anonymous blockchain transactions

Prolific patent filer Mastercard has applied for protection of yet another blockchain innovation—a platform that would allow anonymous blockchain transactions, using a somewhat familiar method.

Business 30 October 2018

Mastercard patent merges traditional banking with cryptocurrencies

Financial services giant Mastercard has snapped up yet another patent, this time for fractional cryptocurrency banking.

Business 28 September 2018

Mastercard looking into blockchain to improve payment efficiency

Payments giant Mastercard is reported to be exploring a number of new technologies, including blockchain, as the group looks to improve the general efficiency of its payments networks.

Business 26 September 2018

Another win for crypto: Bank giants fined billions for malpractice

Reports are surfacing that major banks could be fined as much as $400 billion by 2020 for malpractice.

Business 21 September 2018

Credit card giants hit with $6.2B price fixing suit

Credit card giants Visa and Mastercard have often been accused of price fixing by disgruntled merchants. Now, the firms are prepared to settle on a class action lawsuit, which looks set to cost them over $6.2 billion.

Tech 18 July 2018

MasterCard’s new patent links crypto assets to fiat currency accounts

MasterCard has been granted a patent by the U.S. Patent and Trademark Office for a system and method for managing "fractional reserves of blockchain currency," also known as cryptocurrency.

Business 29 June 2018

Mastercard secures anonymous blockchain transactions patent

Payments giant Mastercard has secured a handful of new blockchain patents, including protection for a system designed to process anonymous transactions on the blockchain.

Business 2 May 2018

Mastercard looks to expand blockchain network of its own

The payments conglomerate Mastercard is looking to enter the crypto space in a big way as it adds new nodes to its blockchain network.

Business 20 March 2018

Mastercard could allow cryptocurrency transactions—in a way

One of the world’s largest credit card institutions has finally come out in support of the money of the future, but with a huge catch.