Payments
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techMeta Names CRED Founder Kunal Shah as Global Head of WhatsApp
Meta appoints fintech founder Kunal Shah to lead WhatsApp, signaling a major strategic pivot toward payments and commerce monetization for its 3 billion user platform.
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techCrossmint Enables Visa Card Payments for AI Agents, Boosting Autonomous Commerce
Crossmint launches an API allowing AI agents to make purchases using eligible Visa cards, tokenizing cards for security and rewards.
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financeMastercard Seeks Cost-Sharing from Processors After Banco Master's $440M Hit
Mastercard asks Brazil's payment processors to share losses from Banco Master's collapse, totaling R$2.5 billion.
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financeMastercard Pays $1.8B for Stablecoin Infrastructure, Citing Urgency in Payments Evolution
Mastercard acquires BVNK for $1.8 billion, highlighting the urgency of stablecoin infrastructure in global payments.
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cryptoMastercard Buys BVNK: Infrastructure Over Stablecoins
Mastercard acquires BVNK to connect conventional finance with blockchain payments, avoiding stablecoin issuance risks and regulatory complexities.
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financeFinal March Social Security Payments Released
The third and final round of Social Security payments for March is now available. Concerns over the program's long-term sustainability grow.
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techBarclays Explores Blockchain for Core Banking Services
UK banking giant Barclays is investigating blockchain technology for payments and deposits, signaling a move towards modernizing legacy systems with digital ledger infrastructure.
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financeStripe Valuation Soars to $159 Billion in Employee Share Sale
Fintech giant Stripe's valuation surges over 70% to $159 billion following a recent employee and shareholder share sale, underscoring strong investor confidence.