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Consortium including Visa, Mastercard jointly launch new global stablecoinThe venture, called Open Standard, brings together more than 140 businesses for the stablecoin network and will issue a new US-dollar pegge...
EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
Visa and Mastercard $38 billion swipe fee settlement gets preliminary approval after 20-year legal battle - what it means for merchants, credit card fees and consumersVisa Mastercard swipe fee settlement explained: A major legal battle over credit card swipe fees has advanced. A US district judge has give...
Mastercard to look beyond card biz; target tier 3 & 4 markets for growthMastercard is targeting India's expanding credit-on-UPI market. The company is looking beyond traditional card payments for future growth. ...
PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
How Mastercard became one of Wall Street’s greatest wealth creatorsMastercard’s two-decade rally showcases digital payment dominance, scalable networks, strong competitive advantages, and long-term compound...
Free airport lounge access via credit cards is getting tougher as banks tighten entry rules, set minimum spending criteriaThe logic is simple: lounge access has become a heavily used perk. Banks earlier assumed that only premium customers or frequent flyers wou...
Berkshire Hathaway’s Greg Abel bought sector that Warren Buffett long avoided in his first year as CEOUnder new CEO Greg Abel, Berkshire Hathaway significantly boosted its tech and airline holdings, tripling its Alphabet stake and buying ove...
Where is Melania Trump? U.S First Lady is not travelling to China accompanying Donald TrumpUS President Donald Trump told the media that among the several items for discussions with China, trade would be a key focus area.
Elon Musk, Tim Cook and other prominent US executives invited to join Trump on trip to ChinaPresident Donald Trump embarks on a trip to China this week to meet President Xi Jinping. Several prominent US executives from technology a...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
Elon Musk, Apple's Tim Cook to head to China with Trump: White HouseTop US executives, including Tesla's Elon Musk and Apple's Tim Cook, will accompany US President Donald Trump on his visit to China this we...
Canada's Shopify Q1 revenue rises 34% on broad growthShopify anticipates second-quarter sales and profit to align with analyst forecasts. This projection indicates a slowdown in demand for e-c...
Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations em...
Crypto card spending surges to $600 million monthly: How are crypto cards becoming one of 2026’s fastest-growing payment trends?Crypto card spending growth 2026: Crypto cards are experiencing a surge in popularity, with monthly transaction volumes reaching approximat...
Thomas Cook India adds 16 currencies to its prepaid forex cardsThomas Cook India has increased its prepaid Forex Card offerings to 28 global currencies. This expansion caters to growing travel demand to...
Mastercard, Visa and Revolut lose UK case over proposed cross-border card fees capA UK court has ruled that the Payments System Regulator can cap cross-border card fees. Mastercard, Visa, and Revolut challenged this plan....