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-0.000444302782687461 0 -0.00022215139134384 -0.000627819149449802 -0.00140051964108045 -0.00113007446900973 0.00159369476398838 0.00215390262042056
Stock impact report

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 Check Earnings Report
Company Research 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 Show less Read more
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