Tag: Mastercard
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New Debit Cards: Weko Takes A Look At The Beautiful Fintech World!
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Swiss banks are wooing customers with fee-free and digitally-enabled debit cards. But it’s the merchants who are footing the bill. The Competition Commission is now opening a formal investigation against each card giant, Visa and Mastercard.
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Visa And Mastercard Support Suspicion Of Wirecard Fictitious Transactions!
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The former CEO Markus Braun denies allegations of fictitious transactions. In the Wirecard trial, Braun is accused of billion-dollar fraud.
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Mastercard Acquires Stake Of FinTech Treezor
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Fintech Treezor (PR42 profile) has gained a new investor in Mastercard.Mastercard is investing in its partnership with Treezor, the fintech subsidiary of bank Société Générale. Treezor was acquired by Société Générale in 2019. The credit card company acquired a minority stake in the fintech from the French institution, Mastercard announced…
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Starling Bank CEO Anne Boden Calls Crypto A Threat To Our Financial System!
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Anne Boden, CEO of the Goldman Sachs-backed UK FinTech Starling Bank has doubled down on criticisms of crypto, calling digital currencies a threat to the safety of payment infrastructure. Cryptocurrencies are a threat to the safety of our payment schemes and very dangerous, she said at the Money 20/20 fintech…