Mastercard receives approval for domestic bankcard in China
This approval comes over three years after Mastercard NUCC was granted permission to began formal preparations for a domestic bankcard
22 November 2023
22 November 2023
This approval comes over three years after Mastercard NUCC was granted permission to began formal preparations for a domestic bankcard
The new Apple Pay feature will bridge the gap between a convenient payment and having the same instant access to relevant banking information
UK cardholders debit card and credit spending rises by 0.9% and 2% respectively in August according to UK Finance
US-based private equity investor forms Circle, a payments and technology platform. As part of the strategy, Circle agrees to acquire UK-based myPOS in a deal reportedly worth in excess of $500m
Crescendo is intended to simplify investment by providing a blockchain-based hub through which to invest in funds and assets.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
The metaverse can potentially address challenges banks face, particularly around ESG, financial inclusion, and demographics. However, banks investing in the metaverse will face a range of complexities, many of which they already face in the physical world, like cybersecurity. As the metaverse matures, it will serve more to create new revenue streams for banks instead of addressing challenges.
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