Mastercard CEO Michael Miebach identified cross-border payments as the primary use case for stablecoins, following the company's $1.8 billion acquisition of infrastructure provider BVNK.
Phemex has launched a Mastercard that enables users to spend stablecoins directly from their exchange spot account, featuring a tiered cashback system and no annual fees.
A new report from PYMNTS, based on a roundtable of 40 senior executives, explores how consumers are balancing AI-driven product discovery with the need for manual control over final purchases.
Mastercard will distribute the Open USD stablecoin through its newly acquired infrastructure firm BVNK, leveraging a network that processes $30 billion in annual volume.
BMO has launched Mastercard’s embedded commercial payment solution in Canada, enabling corporate clients to manage virtual card transactions directly within their finance software.
Bank of China and Mastercard have resolved a wave of unauthorized overseas transactions that affected users of Great Wall Global Mastercard cards via Apple Pay.
Mastercard highlights the growing tension between merchants and AI shopping agents as the industry shifts toward autonomous transactions.
SoFi Technologies has moved its $25 billion card program to a stablecoin settlement system, partnering with Mastercard to modernize back-end payment infrastructure.
Moov has introduced a P2P payment service in collaboration with Visa and Mastercard, enabling fund transfers directly to debit card-linked accounts without requiring shared applications.
SoFi Bank and Mastercard have launched a stablecoin settlement system for a $25 billion card program, enabling instant merchant payments via the SoFiUSD stablecoin.
Mastercard has integrated Stellar into its recently acquired BVNK platform to expand stablecoin payment capabilities for global clients.
SoFi Bank has launched stablecoin-based card transaction settlement on the Mastercard network, with projected annual volumes exceeding $25 billion.
Mastercard and Danske Bank have executed Denmark's first AI-agent transaction, marking a milestone in the deployment of secure automated payment technology.
Mastercard is partnering with Alchemy to enable AI agents to make payments using virtual cards, though consumer trust in AI-managed finances remains low.
Citi has launched the Mastercard Smart Subscriptions tool in the UAE, marking the first global deployment of the service by the bank and its debut in the Middle East.
Mastercard and Alchemy are partnering to enable AI agents to handle everyday online purchases using secure, one-time-use payment credentials.
Mastercard reports 132 million AI users, yet notes that consumer willingness to delegate purchasing authority to AI agents remains complex due to loyalty and preference requirements.
Mastercard and industry experts discussed the future of agentic commerce, noting that scaling the technology requires building merchant control and consumer trust.
Mastercard executive Sherri Haymond explores the evolution of agentic commerce, where AI agents handle shopping tasks and payments while maintaining consumer control.
Mastercard has introduced Wallet Pay, a new suite of solutions designed to enhance interoperability and user experience for digital wallet providers globally.
