Mastercard and JPMorgan Link Up to Bring Foreign Exchange on the Blockchain [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
By integrating Mastercard MTN's connectivity with Kinexys Digital Payments, mutual customers of MTN and Kinexys will be able to settle B2B transactions through a single API. Mastercard (MA) has connected its blockchain-based system for shifting tokenized assets, the Multi-Token Network (MTN), with JPMorgan's (JPM) recently rebranded digital assets business Kinexys (formerly known as Onyx). The collaboration is to enhance B2B cross border payments, the companies said in a press release on Thursday, “providing greater transparency and faster settlement as well as reducing time zone friction.” The payments giant said it has invited a number of banks onto its MTN when the platform emerged in mid-2023 with a view to testing out tokenized bank deposits, the use of stablecoins and central bank digital currencies (CBDC). Mastercard's token network is working specifically with the JPMorgan's Kinexys Digital Payments, which was formerly known as JPM Coin Tokenized foreign exchange is a
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News
- Cybercrime is on the rise. These are the safest ways to pay [Yahoo! Finance]Yahoo! Finance
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- Consumer Experts: These 7 Gift Cards Are This Holiday's Hottest Stocking Stuffers [Yahoo! Finance]Yahoo! Finance
- McLaren's Zak Brown, Mastercard's Raja Rajamannar tout partnership ahead of Las Vegas Grand Prix [FOX Business Network]FOX Business Network
- This Week In Credit Card News: Could We See A 10% Cap On Credit Card Interest Rates? [Forbes]Forbes
MA
Earnings
- 11/1/24 - Beat
MA
Sec Filings
- 11/13/24 - Form 8-K
- 11/12/24 - Form 144
- 11/4/24 - Form 4
- MA's page on the SEC website