Mastercard and Visa have announced that they will no longer operate inside Russia. With Russia already cut off from the SWIFT network and PayPal, the impact of exclusive reliance on centralised financ...
Tag: Mastercard
Mastercard, Visa suspend services in Russia amid invasion of Ukraine
advertisement Payments giants Russia and Visa joined the growing ranks of payments firms and fintechs that have suspended operations in Russia amid that country’s invasion of Ukraine. In stateme...
Mastercard, Visa, Paypal Suspend Russian Operations – No Love For Russia?
Payment processing is likely to become significantly more difficult, as Paypal, Mastercard, and Visa have said that they will cease Russian operations in response to Russia’s attack on Ukraine. The th...
PayPal, Visa, and Mastercard Suspend Services in Russia
Companies are withdrawing from Russia in droves, and three of the biggest payments companies, PayPal, Visa, and Mastercard, just joined the group. The three US-based financial giants announced that th...
No Love For Russia – Card Companies Mastercard, Visa, Paypal Suspend Russian Operations
Payment processing in Russia is likely to become significantly more difficult, as card companies Paypal, Mastercard, and Visa have said that they will cease operations in the nation in response to Rus...
‘A Bigger Earthquake Than SWIFT’—What The Russia PayPal, Visa And Mastercard Ban Means For Bitcoin And Crypto Amid Extreme Price Swings
Bitcoin and cryptocurrencies have been pushed into the spotlight over the last week as global financial sanctions on Russia come into force. Subscribe now to Forbes’ CryptoAsset & Blockchain...
Mastercard Enters Oversold Territory
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important ...
Mastercard Pulls Russian Banks from its Payment Network
American payment services giant Mastercard has cut off Russian financial institutions from its payment network, a move it said is in compliance with the sanctions being meted by the United States gove...
Bitcoin Rises as Visa and MasterCard Shun Russia Amid Capital Controls and Long Bank Queues in Moscow – Trustnodes
Visa and MasterCard have suspended their operations in Russia following the invasion of Ukraine. “We will continue to work with regulators in the days ahead to abide fully by our compliance obligation...
The Travel/ Reopening Play Is Still Thriving. One Fund Manager Shares His Favorite Travel Stocks
Travel stocks got hit hard at the beginning of the pandemic in March 2020, but they’ve been doing much better as investors started to embrace the reopening theme in anticipation of the end of th...
Visa, Mastercard Block Russian Banks As Per New U.S. Sanctions
Visa and Mastercard, the world’s largest card operators, said they had blocked Russian banks from their networks under new U.S. sanction orders. The two also announced $2 million donations each in hum...
Mastercard Is Hiring to Build Out Its Crypto Department
Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency ind...
Mastercard Joins Hands with Massmart
In a major effort to boost the digital economy, financial services provider, Mastercard recently formed a partnership with Massmart to connect small, medium, and micro-enterprises (SMMEs) for efficien...
Shiba Inu and 50 Other Crypto Transactions Supported via MasterCard Innovation for UK Users
Tomiwabold Olajide UK users to transact Shiba Inu and 50 other cryptos through CoinJar Card Cryptocurrency users in the U.K. can now transact Shiba Inu and 50 other cryptos through the CoinJar Cryptoc...
Mastercard Enhances Consulting with Cryptocurrency-Dedicated Practices
To enhance its presence in cryptocurrency, the open banking, open data and ESG financial services provider, Mastercard recently announced that the company has expanded its consulting services with new...
Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Warren Buffett Dumps Visa and Mastercard over Bitcoin-Friendly Bank
Legendary investor and centibillionaire Warren Buffett doesn’t like cryptocurrencies such as Bitcoin and Ethereum. Still, Berkshire Hathaway, Buffett’s company, bought $1 billion of Nubank shares in t...
Warren Buffett dumps Mastercard and Visa shares for crypto-friendly Nubank
Warren Buffett’s Berkshire Hathaway recently invested $1 billion in a Bitcoin-friendly Brazilian neobank. The company also dumped $1.3 billion worth of Mastercard shares and $1.8 billion of Visa share...
Mastercard Adds Crypto Consulting Service in Latest Effort to Boost Cryptocurrency Adoption – Featured Bitcoin News
Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessme...
Mastercard To Start Crypto Consulting Services
Payments giant Mastercard is reportedly expanding its consulting arm by offering services dedicated to crypto, open banking, and ESG. Data & Services Expansion Announced On Tuesday, Mastercard an...
Mastercard to Offer Crypto and NFT Consulting Services, May Help Develop CBDCs
Mastercard is diving deeper into the world of cryptocurrency, announcing today it’s adding payments-focused consulting services for crypto and digital currencies, and that it may eventually help devel...
Buffett Buys Chevron, Sells Visa & Mastercard in Q4
Warren Buffett’s Berkshire Hathaway (BRK.A) – Get Berkshire Hathaway Inc. Class A Report played both sides of the equity market last quarter — buying some stocks and selling others. Berkshire p...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone – Coinotizia
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s up...
Visa Stock Is Rising After Earnings Report. May Break Away From Mastercard.
Text size Stock in Visa was up nearly 9% on Friday morning. Roy Rochlin/Getty Images Visa stock achieved its biggest bounce in nearly two years as investors responded to surprisingly strong financial ...
Consumers Flock To Mobile Payment Apps, Crypto, And Contactless Payments
Mobile Payment Apps, Cryptocurrency Grow in Popularity An increasing number of consumers are using mobile payment apps and owning cryptocurrency. According to a new survey, adoption and usage of mobil...