Mastercard to Expand Crypto Team With Two Senior Hires to Drive Blockchain Initiatives

Mastercard to Expand Crypto Team With Two Senior Hires to Drive Blockchain Initiatives

The payments giant is hiring two U.S.-based leaders to grow its crypto and blockchain business.

Visa, Mastercard Race to Capture a $253 Billion Crypto Threat

A turf war is breaking out in the vast world of digital payments — and the incumbents are suddenly on defense.

Mastercard Expands Crypto Strategy with Two Key Leadership Roles in Digital Assets and FI Growth

Mastercard Doubles Down on Crypto With Two Key Hires Mastercard isn’t slowing down when it comes to crypto. The payments giant just posted two high-profile job openings—both squarely focused on digital assets. It’s a clear signal they’re pushing deeper into blockchain, even if the broader market’s been shaky lately. The first role, *vice president, head of digital assets ecosystem growth*, sounds like a mouthful, but the gist is simple: this per…

When Theoretical Rigor Misses Reality: Why Interchange-Fee Caps Won’t Benefit Consumers

Interchange fees charged by payment networks have in recent years been one of the most heated and persistent battles in financial regulation. These fees—typically 1-3% of credit-card transaction value in the United States—are charges that banks impose on merchants for processing credit- and debit-card transactions. What started as an obscure technical detail has exploded into a multi-billion-dollar policy dispute, involving massive litigation, r…

Visa and Mastercard suffer UK interchange fee blow in potential “floodgate moment”

Mastercard and Visa will appeal against a UK Competition Appeal Tribunal judgment that all types of multilateral interchange fees infringe UK and EU competition rules, in a ruling that could lead to an influx of claims from retailers across Europe.

A U.K. Regulator Throws an Interchange Obstacle at Mastercard And Visa - Digital Transactions

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, prevent, or distort competition within the European Union. Multilateral interchange  fees are levies a merchant’s bank pays to the…