PYMNTS

SEPTEMBER 17, 2020

Mastercard said it will invest $500 million in Black communities across the U.S. over the next five years in a bid to address racial disparities in financial services. We have an obligation … to be part of the positive change Black communities so rightly need now," said Ajay Banga , Mastercard CEO. "We Louis and Dayton, Ohio.

Concentration 113

Concentration Economics Financial Systems Investments 113

PYMNTS

OCTOBER 16, 2017

In those pieces, I acknowledged bitcoin was an interesting, even fascinating, innovation, but not the salvation of our global financial system — not even close. Bitcoin’s core principle of anonymity is anathema to operating a safe and secure global financial system. At least I hope so.

Currencies 71

Currencies Concentration Financial Systems Investments 71

PYMNTS

JULY 15, 2019

Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone are just a short sampling of the 28 founding members of the Libra Association, which will collectively develop the charter for the organization and frame its governance structure.

Currencies 40

Currencies Finance Banking Concentration 40

PYMNTS

OCTOBER 1, 2018

Ten years after Visa and Mastercard launched, they had each licensed their tech to thousands of banks that had cards in the hands of millions of consumers, who were using them to buy things at millions of merchants. But as the salvation of our global financial system, not even close. It isn’t because it won’t.

Currencies 85

Currencies Concentration Financial Systems Leverage 85