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Mastercard Leads New Central Bank Digital Currency Test Platform

PYMNTS

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). Mastercard’s testing platform allows banks to simulate the issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers. In a Wednesday (Sept.

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Triple-A is a digital currency payment institution that allows businesses to pay and get paid in both traditional and digital currencies, volatility-free.

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Mastercard Begins Offering B2B Blockchain Tech

PYMNTS

20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Mastercard is not the only firm delving into blockchain. The Mastercard technology ensures that payment details are shared only between transaction participants, said the company.

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Mastercard Inks Bahrain Blockchain Partnership

PYMNTS

Mastercard is collaborating with Bahrain’s Electronic Network for Financial Transactions ( BENEFIT ) to develop a blockchain-powered B2B payments solution, according to a press release Tuesday (July 30). According to reports in TahawulTech, the initiative marks Mastercard’s first national-scale blockchain project in the Middle East.

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Payments trends report 2024

The Payments Association

Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.

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Big Brands Are Issuing Their Own Stablecoins– Is Yours Next?

Finovate

Walmart Walmart filed a patent for a USD-backed digital currency in 2019. Amazon While not officially confirmed, Amazon has also explored blockchain-based payments. Firms with skilled, in-house blockchain capabilities are best poised to succeed when it comes to launching their own stablecoin.

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RTP, Blockchain Make Inroads Within Corporations

PYMNTS

PYMNTS examines the latest initiatives that look to improve upon existing rails, or embrace new ones like blockchain and RTP. Mastercard Leads Central Bank Digital Currency Test. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether. RTP Expands Across FI Base.

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