The investment will go towards the development of a global carbon credit transaction network that will launch later this year.
February 9, 2023New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.
January 20, 2023Project Pratima aims to introduce a uniform set of icons for basic payment actions and processes, curb fraud, and boost digital payments adoption.
December 9, 2022The CBSL said it is not in a position to consider Russia's request to operate the Mir card scheme in Sri Lanka, due to US sanctions.
October 24, 2022The FTC is investigating whether the security technology used by Visa and Mastercard raises the likelihood that payments over different networks will be rejected.
October 18, 2022Experts say crypto firms have a responsibility and moral obligation to have anti-fraud controls in place, and that this will help create trust in the industry.
July 21, 2022Westpac customers who use dynamic CVV have seen an 80 percent reduction in fraud compared to those who don't.
July 14, 2022Mastercard was barred from onboarding new domestic customers in July last year due to noncompliance with India's data storage rules.
June 21, 2022The programme will seek to help MSMEs build financial literacy and digital skillsets, address financing gaps and improve financial inclusion.
June 15, 2022The ACCC says Mastercard offered cheaper rates to over 20 major retail businesses if they used its own network to process transactions.
May 31, 2022