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Mastercard and Thought Machine accelerate core banking capabilities, providing seamless payment experiences

The Payments Association

Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Visa 88
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Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-border payment experiences.

Visa 91
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Mastercard Launches Anti-Money Laundering Service “TRACE” to Combat Financial Crime in Asia Pacific

Fintech Finance

Mastercard today officially announced the launch of TRACE (Trace Financial Crime) in Asia Pacific, a sophisticated network-level solution that harnesses artificial intelligence to identify and prevent money laundering and financial crime. Oftentimes, investigations take weeks to complete.

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Mastercard Partners With Ethio Telecom to Boost Financial Inclusion and Wealth Creation in Ethiopia

The Fintech Times

Payments giant Mastercard is joining forces with Ethio Telecom , a telecommunications service provider in Ethiopia, in a move to enhance financial inclusion and wealth creation in East Africa. Mastercard processes payment volumes exceeding $6.5trillion annually with over three billion cards in circulation.

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Mastercard Joins Forces With Buna to Tackle Cross Border Payments Challenges in MENA

The Fintech Times

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

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NY Fed launches CBDC project with Mastercard, big banks

Payments Dive

Mastercard and big banks such as Citi, Wells Fargo, BNY Mellon and U.S. Bank are set to participate in the proof-of-concept trial.

Visa 148
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Mastercard Announces New Programme to Unlock VCN Tech’s Commercial Payments Capabilities

The Fintech Times

To realise the true potential of virtual cards, payment giant Mastercard is launching a new programme that will help banks, platform partners, and mutual end corporate customers transform their commercial payment offerings , powered by Mastercard’s Virtual Card Number (VCN) technology.

Visa 52