Visa Offers $100 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report – Apple (NASDAQ:AAPL), American Express (NYSE:AXP)

Visa Offers 0 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report – Apple (NASDAQ:AAPL), American Express (NYSE:AXP)

Visa Inc. V has reportedly proposed a $100 million payment to Apple Inc. AAPL to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. GS, the bank currently backing it, plans to exit the consumer lending sector. Major banks such as … Read more

Mastercard Targets Venmo-Style Network for Blockchain Transactions

Mastercard Targets Venmo-Style Network for Blockchain Transactions

Key Takeaways: Major financial institutions like Mastercard are participating in early-stage pilots to test how blockchain could support functions like cross-border settlements and tokenized assets. Consumer-facing crypto card programs are a key part of Mastercard’s strategy to link traditional finance with blockchain applications. Blockchain is being used not as a replacement, but as an extension … Read more

Ondo Finance to Bring RWAs to Mastercard Network

Ondo Finance to Bring RWAs to Mastercard Network

Tokenized real-world assert (RWA) issuer Ondo Finance has joined the Mastercard network that connects financial institutions with businesses to improve cross-border payments. Ondo’s Short-Term U.S. Government Treasuries Fund (OUSG) investment product will be available to businesses on Mastercard’s Multi-Token Network (MTN), giving them access to yield via tokenized assets, according to an emailed announcement on … Read more

Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on ‘Real Solutions’

Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on ‘Real Solutions’

Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on real-world solutions, Mastercard’s head of crypto and blockchain, Raj Dhamodharan, told CoinDesk. “Many of us in the industry are moving beyond experimentation; it’s actually real solutions,” he said, noting that Mastercard has already enabled stablecoin payments for … Read more

Why Visa and Mastercard Stocks Are Still Smart Buys

Why Visa and Mastercard Stocks Are Still Smart Buys

The kingpins of the payment processing universe, Visa NYSE: V and Mastercard NYSE: MA, continue to show strength as the macroeconomic environment works in their favor. Amid rising interest rates over the past few years, one thing that has remained relatively strong is consumer spending. Last quarter, consumer spending increased by 4.2%, the fastest pace since … Read more

Stablecoins Transfer Volume Surpasses Visa, Mastercard Combined in 2024

Stablecoins Transfer Volume Surpasses Visa, Mastercard Combined in 2024

Coinspeaker Stablecoins Transfer Volume Surpasses Visa, Mastercard Combined in 2024 Stablecoins took center stage in 2024, with their transfer volumes eclipsing those of Visa and Mastercard combined. According to a report from crypto exchange CEX.io on January 31, stablecoin transfers reached a staggering $27.6 trillion, marking a 7.7% lead over the traditional payment giants. That … Read more

Here’s everything you need to know about the JetBlue Premier World Elite Mastercard premium travel credit card.

Here’s everything you need to know about the JetBlue Premier World Elite Mastercard premium travel credit card.

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Mark Zuckerberg Backs Nvidia CEO Jensen Huang’s View On Quantum Computing: ‘It’s Still Quite A Ways Off’ – Mastercard (NYSE:MA), IonQ (NYSE:IONQ)

Mark Zuckerberg Backs Nvidia CEO Jensen Huang’s View On Quantum Computing: ‘It’s Still Quite A Ways Off’ – Mastercard (NYSE:MA), IonQ (NYSE:IONQ)

Meta Platforms Inc. META CEO Mark Zuckerberg agreed with Nvidia Corp. NVDA CEO Jensen Huang‘s cautious outlook on quantum computing, saying that the technology remains years away from practical implementation. What Happened: Speaking on Joe Rogan’s podcast Saturday, Zuckerberg acknowledged his limited expertise but supported the industry consensus of a decade-long timeline for widespread quantum … Read more

Mastercard Expands Crypto Solutions To UAE And Kazakhstan

Mastercard Expands Crypto Solutions To UAE And Kazakhstan

Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan in the EEMEA region. Cumbersome and complicated blockchain addresses have finally been relegated to the crypto graveyard. Why remember blockchain addresses when you can send and receive cryptocurrencies using simple aliases? This game-changing tech, built through partnerships with exchanges like ATAIX Eurasia, … Read more

PACCAR, Lilly, Mastercard Boost Payouts

PACCAR, Lilly, Mastercard Boost Payouts

These three stocks, which are at or near the top of their respective industries, just increased dividends by double-digit percentages. Below, I’ll reveal how much these companies are paying out to shareholders now. I’ll also touch on notable share buyback news. Plus, I’ll provide an update on key proposed legislation that investors should be aware … Read more