Mastercard

Russia plans to require international payment systems to transfer the authentication function of bank customers for online payments to the National Payment Card System (NSPK). This is stated in the amendments to the law "On the national payment system," awaiting a second reading. This is a 3D Secure protocol that provides additional security when making online purchases and other cash transactions. An SMS, […]

Facebook hired the well-known lobbyist Edward Bowles of Standard Chartered, a British banking corporation, to work on an alleged payment network based on steaklkoin GlobalCoin in a project codenamed Libra, reports the Financial Times. It is assumed that he will completely go to Facebook as early as September of this year. At the same time on his page in LinkedIn the place of work is still […]

The non-profit organization that will be engaged in supporting the proposed Facebook-based payment network based on steaklokoin was allegedly invested by leading financial companies, reports The Wall Street Journal, citing informed sources. Thus, according to the publication, Visa, Mastercard, PayPal, as well as Uber and other companies have already invested $ 10 million in security reserves for the coin, the price of which is […]

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports. The publication claims that Facebook consults with representatives of the US Treasury Department and the Bank of England manager Marc Carney regarding the regulation of the initiative, code-named Libra. At the same time, the Financial Times […]

Venezuelan authorities have ordered the termination of operations with payment systems Visa and MasterCard because of sanctions from the United States. This is stated in a joint statement by the Central Bank of the country and the Department for Supervision of the Banking Sector under the Ministry of Economy and Finance, signed on May 16. It is expected that operations on debit cards Visa and MasterCard will be stopped from November 30, 2019, […]