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Mastercard CEO Calls Bitcoin’s Bluff on Financial Inclusion Claims

One of Bitcoin’s primary arguments over the years has been its ability to sidestep an exclusionary financial system to provide effective inclusion. However, a top tech executive is casting doubts over the asset’s ability to deliver on that promise. In a speech at the Fortune Global Business Forum earlier this week, Ajay Banga, Read more…

By Cyber Flows, 4 years28/10/2020 ago

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Mastercard’s CEO ditched Facebook’s Libra after multiple red flags

Mastercard’s CEO ditched Facebook’s Libra because of his concerns about compliance, monetization, and the social-media titan’s plan to insert itself into transactions, he recently told the Financial Times. Ajay Banga signed up Mastercard to support Facebook’s digital currency and network, but dropped out — along with Visa, eBay, PayPal, and other Read more…

By Cyber Flows, 5 years06/03/2020 ago

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