
Visa and Mastercard Embrace AI for Future Growth
Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.
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Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.

The UK government is introducing a new payment processing system for its digital services to enhance efficiency and user experience across various departments, from tax payments to passport applicatio

Global BankCorp has announced a definitive agreement to acquire fintech firm PaySphere for $2.5 billion, aiming to bolster its digital payment services.

Revolut is launching in India, targeting high cross-border payment fees. The fintech aims for 20 million users by 2030, offering multi-currency cards and UPI support after securing key regulatory lice

Stripe unveiled stablecoin issuance platform Open Issuance and AI commerce tools, integrating digital currencies and artificial intelligence into online transactions.

Qatar National Bank, a major Middle Eastern financial institution, has adopted JPMorgan's Kinexys blockchain to process corporate U.S. dollar payments.

Stablecoins processed $27.6 trillion in transaction volume in 2024, surpassing the combined total of major payment networks Visa and Mastercard.