Tag "mastercard"

Standard Chartered, Mastercard, Mox, and Libeara Complete Tokenisation Proof-of-Concept Pilot

Standard Chartered Bank (Hong Kong) Limited (SCBHK) has collaborated with Mox Bank, Mastercard, and Libeara to complete a proof-of-concept (POC) pilot under the Fintech Supervisory Sandbox of the Hong Kong Monetary Authority (HKMA). The pilot focused on the tokenisation of

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Austin-Based Episode Six Targets Hong Kong for Virtual Payment Expansion

Episode Six (E6), a global provider of payment processing and digital ledger infrastructure, has announced plans to expand its operations in Hong Kong.  The decision comes in response to the region’s growing demand for virtual payment solutions. “We’re seeing increasing

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Mastercard’s Joint Venture Secures Bank Card Clearing License in China

Mastercard NUCC, a joint venture between Mastercard and NetsUnion Clearing Corporation, has been issued a bank card clearing license by the People’s Bank of China (PBOC). This development follows a thorough review process in line with the State Council’s decision

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Mox Card Now Allows Users to Flip Between Debit and Credit Spending

Hong Kong virtual bank Mox and Mastercard announced a smart new feature called “Flip” on the all-in-one numberless Mox Card which enables customers to flip freely between spending on their debit and credit accounts. The virtual bank had previously rolled

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Livi Bank First in Hong Kong to Roll Out Mastercard’s Tokenised Payments

Hong Kong virtual bank livi announced an expansion of its collaboration with Mastercard as it became the first bank in Hong Kong to launch Mastercard Token Connect. This is a payment innovation that integrates tokenisation technology with livi’s debit card

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ConsenSys Raises US$ 65 Million from JP Morgan, Mastercard, and UBS

Global blockchain software company ConsenSys announced the final close of its US$65 million funding round from the likes of J.P. Morgan, Mastercard, and UBS. Other investors include Protocol Labs, the Maker Foundation, Fenbushi, The LAO, Alameda Research, CMT Digital, Greater

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Virtual Bank Livi Partners With Mastercard to Unveil a New Virtual Debit Card

livi bank, one of Hong Kong’s eight virtual banks, and Mastercard collaborated to unveil a new virtual debit card. livi said that the virtual debit card expands livi’s product line with a goal to support customers’ everyday living anytime, anywhere,

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WeLab Bank Launches Numberless Debit Card with Mastercard

WeLab Bank, a homegrown virtual bank licensed by the Hong Kong Monetary Authority (HKMA), will launch a numberless bank card that is powered by MasterCard While WeLab Bank services are designed to be 100% operated from the mobile phone, a

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Mastercard’s Entry into China Paints of Picture of China’s Market Liberalisation

Mastercard was granted preparatory approval from the People’s Bank of China (PBOC) to begin setting up a domestic bankcard clearing institution in China, the company announced on February 11. The news is significant for Mastercard, which has been looking to

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