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Blockchain Applied  •  
February 19-20, 2019

# Mastercard News

Visa CEO Al Kelly doesn't see cryptocurrencies posing a threat to Visa in the near future, and said that the financial services giant won't get into the cryptocurrency business until they become more traditional payment instruments, CNBC reported on October 25, 2018. Visa Not Keen on Crypto Investments Just yet...
On July 27, 2018, Mastercard CEO, Ajay Banga shared his thoughts regarding cryptocurrency, calling it “junk” and that an “anonymized” currency having such “wild” fluctuations in the market cannot be considered as a medium of exchange in an economy.   During the New India Lecture' organized earlier this week at...
The United States Patent and Trademark Office (USPTO) approved a patent filed by MasterCard allowing customers to link cryptocurrencies to fiat accounts through blockchain technology. Reportedly, the new method is aimed to expedite the transaction time of cryptocurrencies. Payment processor MasterCard had applied for the patent way back in May...
Global payments processor Mastercard has successfully secured a patent for a bidding system which streamlines the travel itinerary for users. A Stress-Free Tour On June 7, 2018, the United States Patent and Trademark Office (USPTO) awarded MasterCard the patent for a distributed ledger technology(DLT)-powered solution which allows travelers to book...
Morgan Stanley analyst James Faucette believes that PayPal will remain the leader in the online payment sector. The California-based company dominates the industry as they service 79 percent of the top 500 online merchants. In contrast, only four of the top 500 eCommerce sites accept bitcoin as a payment option....
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