The healthcare payments system is rife with confusion and over-billing. HealthLock and Mastercard partner to bring clarity to millions.
The principle behind Mastercard’s CipherTrace acquisition, L1 growth, and IRS getting your bank data
Paying attention is the path to seeing and doing. Mastercard has bought CipherTrace to see blockchain-based finance, to launch new businesses, and to plug in more networks into its nexus. The crypto networks proliferate at every layer, creating more computation on Ethereum, Polygon, Arbitrum, Optimism, Fantom, and Solana. The US executive seeks to see more too, asking the banks for their records of financial transactions to enforce taxation compliance.
In the coming age of B2B virtual card payments, Mastercard's Receivables Manager brings automation to AR teams.
Mastercard said today that is acquiring Finicity, a leader in real-time access to financial data, for $825 million; there is...
After a successful pilot last summer Venmo has started to roll out instant bank transfers; the service will require a Visa or Mastercard debit card and allow for transfers to be done within 30 minutes for $0.25 fee; the free version of bank transfers will remain; PayPal, who owns Venmo, hopes the instant transfers will help with revenues. Source.
This Forbes piece digs into how financial services companies might be impacted by the Coronavirus; both Visa and Mastercard have...
Lloyd’s Banking Group and Virgin Money recently banned customers from using their credit cards to buy cryptocurrencies; customers will still be able to use their debit cards to buy cryptocurrencies but for fear they could go into debt they do not want credit cards being used; other card issuers like Barclays and Mastercard say they are reviewing the crypto space but no decisions have been made. Source.
On March 28, credit startup Bilt Rewards launched for the general public, bringing their "Earn points on Rent" solution to the mainstream.
Mastercard is launching a partnership with UK fintech Yoyo Wallet; Yoyo is a mobile wallet that can be used at...
There is poetry in the symmetry of this situation. Bitfinex is looking to raise $1 billion in capital to support the most popular stablecoin Tether, which it controls. Facebook is reportedly looking to raise $1 billion in capital from First Data, Visa and Mastercard and other payments companies to shore up its own stablecoin asset. Poetry is where the similarities end, and all these devils are in the details.