Tag: Mastercard
Stripe’s $1.1 Billion Bet on Stablecoin Infrastructure with Bridge Acquisition
Stripe, once wary of crypto, has acquired Bridge, a startup focused on stablecoin payments, for $1.1 billion. Bridge processed $5 billion annually, but Stripe’s interest lies in the team’s expertise and the product’s readiness to scale stablecoin-based financial services. With stablecoins processing $7 trillion in 2022, Stripe sees them as a modern alternative to legacy…
MASTERCARD FOUNDATION HOSTS FIRST EDTECH CONFERENCE IN NIGERIA
The Mastercard Foundation is organizing its first EdTech Conference from July 8 to 10, 2024, through its Centre for Innovative Teaching and Learning. This event will occur every two years and is being held in collaboration with the Federal Government of Nigeria at the Hilton Transcorp in Abuja, Nigeria. The 2024 Mastercard Foundation EdTech Conference…
𝗛𝗼𝘄 𝗱𝗼𝗲𝘀 𝗩𝗜𝗦𝗔/𝗠𝗮𝘀𝘁𝗲𝗿𝗰𝗮𝗿𝗱 𝗺𝗮𝗸𝗲 𝗺𝗼𝗻𝗲𝘆?
This 6-step diagram shows the economics of the credit card payment flow: 1️⃣ The cardholder pays a merchant $100 to buy a product. 2️⃣ The merchant benefits from the use of the credit card with higher sales volume, and needs to compensate the issuer and the card network for providing the payment service. The acquiring…
Capital One’s Takeover of Discover: All you Need to Know
Capital One’s proposed US$35.3bn acquisition of Discover Financial would bring together two of the largest credit card companies in the US This week we heard Capital One is set to acquire Discover Financial in what would represent one of the biggest deals in financial services in recent years. The US$35.3bn, all-stock transaction would bring together two of the largest…
Coinbase and Business Accounts: How to Connect Them in 2024
In 2024, connecting Coinbase with business accounts has become a strategic move for companies Businesses are increasingly recognizing the importance of integrating digital assets into their financial operations. Among the platforms facilitating this integration, Coinbase stands out as one of the most popular and trusted exchanges. In 2024, connecting Coinbase with business accounts has become a strategic…
UBA, others partner on customer experience
United Bank for Africa (UBA) Plc has entered into partnerships with three health-based organisations to create robust synergy for enhanced customer experience. The partnership is expected to drive financial inclusion, promote brand loyalty and promote healthy lifestyle in the ever-evolving societal landscape. Group Head, Marketing and Corporate Communications, Alero Ladipo, who spoke during the signing ceremony…
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𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .