Mastercard to buy digital ID verification firm Ekata in $850 million deal

Mastercard has agreed to buy digital identity verification company Ekata in a deal valued at $850 million, as the global payments processor bets on a boom in demand for companies i...

Platform News: A visualisation of Bitcoin, digital currency and cryptocurrency

Bitcoin hits record before landmark Coinbase listing on Nasdaq

Bitcoin hit a record of $62,741, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.

Platform News: Opening the WhatsApp app on a smartphone

Facebook messaging service gets delayed Brazil nod for payments

Brazil’s central bank has cleared the way for Facebook-owned WhatsApp to let its users send each other funds using the Visa and Mastercard card networks, months after vetoing...

Visa Payment

Visa moves to allow payment settlements using cryptocurrency

Visa has said it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the...

Platform Industry: Bitcoin and digital currencies

MicroStrategy to borrow $600 million to buy more bitcoin

Major bitcoin corporate backer MicroStrategy will borrow $600 million to buy more of the currency, it said on Tuesday, as the cryptocurrency surged past $50,000 in a rally fuelled ...


German prosecutors open Wirecard money laundering probe

German state prosecutors are investigating individuals at Wirecard for suspected money laundering, adding to probes into alleged fraud, balance falsification and market manipulatio...

Platform News: Opening the WhatsApp app on a smartphone

Brazil central bank says WhatsApp payments service faces further review

Brazil’s central bank president has said that Facebook’s messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for p...

European Union

EU banks to take on Visa and Mastercard with new payments system

Sixteen banks from Germany, France and three other euro zone countries said a “truly European” payments system was expected to be up and running in 2022 to fully digita...


Source: Germany missed chances to put Wirecard on watchlist

German regulators twice looked into tightening the supervision of collapsed FinTech business Wirecard and discussed it with the German and European central banks but no action was ...

Platform News: Opening the WhatsApp app on a smartphone

Brazil suspends WhatsApp’s new payments system

Brazil’s central bank effectively suspended a newly-launched system allowing users of Facebook’s WhatsApp messaging service to send money via chats, ordering Visa and M...


Mastercard’s Scandinavian e-pay deal in EU antitrust crosshairs

Antitrust regulators from the European Union have said Mastercard Inc’s plan to buy part of Scandinavian payments group Nets is a significant threat to the competitive landsc...