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Tag Archives: mastercard

Road to Efficient Cross-Border Payment Network

Both merchants and end-users of STICPAY can transfer funds across borders via an e-wallet service that offers a viable alternative to the flawed cross-border payment solutions.Cross-border transactions play a crucial role in the payment industry as the world economy is becoming progressively interconnected and global.The global remittance market’s growth is a decent indicator of the above-mentioned. According to a recent report, the revenue of cross-border transactions could nearly double in...

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World Gold Miner Tokenizes Assets, Opens Trading on Coinsbit, Simex and P2PB2B Exchanges

The GoldFinX blockchain will allow you to track gold at all stages of supply, from its production to its final destination, to verify the legality of ore mining.Recently, in search of easy and big profits, to the crypto market have come many new investors who thoughtlessly invested money and manipulated the price of cryptocurrencies, as a result of which this Big Bubble burst. The great and terrible “Crypto-disaster of 2018” happened during which many coins either lost their entire price or...

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Blockchain and Crypto Innovations Merge with Financial Services

Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.Innovations around blockchain and crypto tech have been on the rise since Bitcoin’s first transaction a decade ago. Despite the regulatory hurdles, this industry emerged as a force to reckon with especially after Facebook’s digital currency proposal Libra.More so, a number of blockchain and crypto oriented projects are popping up in relation to the financial...

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Dow Jones Falls More Than 12% in a Week: What to Expect?

Equities on major United States stock markets closed the trading session on Friday mostly lower, ending the worst week since the 2008 financial crisis. The Dow Jones and S&P 500 each dropped 12% and 11% in a week.Wall Street went through a historic drop this week all “thanks” to fast-spreading coronavirus that worried investors and traders. Novel coronavirus (COVID-19) developments grabbed the investors’ focus as the World Trade Organization (WHO) updated the coronavirus global risk to...

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Tagomi Joins Facebook’s Libra Association and Becomes Its 22nd Member

Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.Crypto prime brokerage Tagomi joins Facebook‘s Libra Association. The company will be the 22nd member of the Association and the second to join since the group’s formal foundation in October 2019. Tagomi President Marc Bhargava has already confirmed the news. But the formal announcement from...

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Masterсard (MA) Stock Drops 4% as Company Reports Coronavirus May Hit Its 2020 Revenue

MasterCard Inc (MA) stock dropped after the reports about the potential influence of the coronavirus outbreak on the company’s revenue. The stock price in the pre-market is $320.85.Mastercard Inc (NYSE: MA) stock dropped sharply on Monday after the bell rang. The 4% drop was attributed to the report given by the company regarding its 2020 revenue. According to the company, cross border travel and the cross border e-commerce growth that is being affected by the ongoing coronavirus, the...

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Dow Jones Futures Rise Almost 300 Points on Tuesday after Monday’s 2-Year Record Crash

The Dow Jones futures plummeted quite terribly yesterday. However, today, it has gained almost 300 points on its way to recovery.The coronavirus is still a major problem not just health-wise, but for financial markets as well. All of the uncertainty, fear and doubt stemming from the outbreak which started last year, has caused very visible effects on the world’s stock markets. Yesterday, stocks crashed badly, signifying the market’s worst plunge in 2 years. Now, a rise can be observed as the...

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The Libra Association Says “Welcome Aboard” to Shopify

While Libra may not have that many fans as of late, it looks like some companies are simply dying to jump on board.Libra Gains a Pal in ShopifyThe Libra Association has just announced that Shopify – an e-commerce platform provider – has entered the frame and will be responsible for the decision-making processes surrounding Libra and Calibra in the coming future. Shopify states that the addition of Libra to the financial spectrum is likely to increase the strength, durability and safety behind...

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Dow Futures Surge Marginally on Monday in Continuing Stock Market Rally

The Dow Jones Industrial Average (DJIA) futures, as well as the Nasdaq futures and the S&P 500 futures, are moving higher thanks to a number of factors.On account of the United States celebrating President’s Day, the stock market trading remains closed. However, the after-hour trading sessions are still live as major indices surge to continue the market rally further.Today, following the Nasdaq futures and the S&P 500 futures, the Dow Jones futures also showed a modest rise....

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Ripple’s Xpring, Mastercard, Binance X, Others Join Blockchain Education Alliance

Blockchain education is an important issue that should be addressed these days. Xpring, Ripple’s investment arm, as well as Mastercard and Binance X and other prominent companies have joined a new education alliance.Ripple’s Xpring, along with multinational payment processing giant Mastercard, and Binance’s development arm Binance X, among others, have all joined the Blockchain Education Alliance. Initiated last year, the alliance aims to support the growth and development of blockchain...

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