News

Mastercard CFO Sachin Mehra told CNBC that consumer spending in the United States is expected to surpass pre-pandemic lockdown levels based on Mastercards second-quarter earnings report. Mastercard’s Q2 year-over-year net revenue rose +36% to $4.5 billion this year and was up +9% in Q1 according to...

Today – May 18, 2021. China banned financial institutions and payment service providers from offering any services related to cryptocurrency transactions.  This is China’s latest attempt to curb the digital trading market.  According to Reuters, “Under the ban, such institutions, including banks and online payments channels, must...

The past year has been incredible for the digital and payments space. Due to COVID-19 we’ve seen a significant change in the way consumers shop and handle payments.  Over half of consumers surveyed by JP Morgan last year agreed that they used digital banking tools more...

In the past couple of weeks, you’ve probably heard and seen it all over the news, but what is Libra coin? What does it do?  The goal of Libra is to “enable a simple global currency and financial infrastructure that empowers billions of people”. To put things...