Coinbase and Mastercard are in advanced discussions to acquire stablecoin startup BVNK for about $2 billion.
Interest Grows in Stablecoin Acquisitions About a year after Stripe’s $1.1 billion acquisition of stablecoin startup Bridge, Coinbase and Mastercard are now exploring their own acquisition of BVNK, a London-based stablecoin company. This information comes from six sources close to the negotiations who requested to remain anonymous due to the sensitive nature of the discussions. […]
Citi Strata Elite: What benefits come with the World Legend MastercardCiti Strata Elite: What are the advantages of the World Legend Mastercard?
City Introduces the Citi Strata Elite Card City has launched the Citi Strata Elite Card, which includes premium rewards along with attractive bonuses for certain categories and several noteworthy benefits. Notably, the card includes exclusive dining, lifestyle, and travel perks through the newly established Premium Tier. This card is distinguished as the first “World Legend […]
Mastercard and Circle Allow Stablecoin Transactions in EEMEA Region
Mastercard and Round have teamed up to facilitate payments for USDC and EURC in the Eastern Europe, Middle East, and Africa (EEMEA) regions. This effort aims to enhance digital trade in emerging markets, enabling institutions to acquire and settle transactions using these stablecoins, the companies announced on August 26. “Trust is vital for growth, and […]
Mastercard awards a US$180m global media contract to WPP Media
MasterCard Appoints WPP Media as Its New Global Media Agency MasterCard has chosen WPP Media to lead its media strategy, plans, and purchases in over 70 countries, marking the end of its decade-long partnership with Carat. This change was reported by Marketing-Interactive. WPP Media will serve as the global media agency for MasterCard, managing strategy […]
Mastercard and American Airlines Grow Their 40-Year Partnership
Mastercard Extends Partnership with American Airlines On July 21, Mastercard announced its renewed contract with American Airlines, solidifying its role as the exclusive payment network partner for American’s co-branded credit cards. This collaboration has lasted nearly 40 years. This renewal will also enhance American Airlines’ Travel Rewards program, known as AADVantage. Cardholders can expect a […]
New increased offer: Get 60,000 bonus points with the Virgin Red Mastercard
Virgin Red might not be the first loyalty program that pops into your head when you’re planning your travels. But if you’re after flexibility and experience-based rewards—or maybe dreaming of a trip across the Atlantic—then the Virgin Red RewardsMasterCard® could be worth looking into. New applicants have the opportunity to snag a 60,000-point bonus after […]
Mastercard Introduces Experience-Centered World Legend Card
Mastercard has unveiled new benefits tailored for consumers seeking memorable experiences. The Mastercard collection, as highlighted in a recent announcement, will be available starting July 16 through the company’s world, global elite, and newly launched world legendary Mastercard cards. These cards offer rewards related to food, entertainment, travel, and more. Bunita Sawhney, Mastercard’s chief consumer […]
Will Mastercard Keep Its Lead in the Move Toward a Digital Wallet Future?
MasterCard Updates for a Digital Era MasterCard, a long-standing leader in global payments, is reshaping itself to be more of a tech-enabler in a world shifting away from physical cards. With the rise of digital wallets, tap-to-pay options, and tokenized payments, the way people interact with money is changing rapidly. The company is taking a […]
DTCpay teams up with Mastercard to improve international money transfers
DTCPAY Collaborates with MasterCard Move for Global Remittances DTCPAY, a digital payment solutions provider from Singapore, has teamed up with MasterCard Move to enhance global remittances for users. This partnership utilizes MasterCard’s extensive money movement capabilities, aiming to improve the speed, security, and transparency of international transactions, according to DTCPAY. Beginning in June, users of […]
Investigation into Visa and Mastercard fees expands as EU regulators examine market dominance
EU Expands Visa and Mastercard Fee Investigation Brussels – The EU antitrust authority is broadening its investigation into the fees charged by Visa and Mastercard, soliciting input from terminal providers and payment companies, according to documents reviewed. A new survey has been initiated, following a similar one that went out to retailers and merchants last […]