MasterCard

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The interesting thing about all of these apps is that they rely on traditional credit and debit cards to work.

A whole new generation of consumers is emerging who don’t carry physical wallets or purses. All they need is their phone. When they pay for something (...)

Card transactions grew 14 per cent in Ireland last year, while ATM cash transactions were stagnant.

In Ireland the biggest payments innovation question is the same as it has been for years – cash or card? “So far the debate has been about card versu(...)

Industry sources said Mastercard Ireland  was seeking to lease between 150,000sq ft and 300,000sq ft of prime office space in Dublin. Photograph: Mark Lennihan/AP

Credit card company Mastercard is scouting for bigger office space in Dublin amid a rapid expansion of its Irish operations. The Irish subsidiary h(...)

The 28 members of the Libra Association made a non-binding pledge to invest at least $10 million (€9 million) in the project. Photograph: Dado Ruvic/Reuters

Intensifying regulatory scrutiny of Facebook’s Libra digital currency has spooked some of the project’s early backers, with at least three privately d(...)

US stocks rose on Tuesday, helped by technology shares, as China stepped in to stabilise the yuan

US stocks rose on Tuesday, helped by technology shares, as China stepped in to stabilise the yuan. European shares finished lower, weighed down by tr(...)

 Ryanair: reports Q1 results on Tuesday.  Photograph:  Alberto Pizzoli/AFP/Getty Images

Monday Results: Bank of Ireland, Ryanair. Indicators: Irish industrial production by sector (2018); UK Nationwide housing prices (Jul), net lending (...)

Jerome Powell, chairman of the US Federal Reserve: “Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability.” Photographer: Andrew Harrer/Bloomberg

Federal Reserve chair Jay Powell warned on Wednesday that Facebook’s planned cryptocurrency, called Libra, cannot move forward unless the social media(...)

Dr Nicholas Weaver of the University of California, Berkeley, believes the cryptocurrency and blockchain space is “one big fraud”. Illustration: Dado Ruvic

Since Facebook announced plans for its own Internet of Money with the introduction of digital currency Libra by 2020, people have been queuing around (...)

 Facebook CEO Mark Zuckerberg: in the penultimate paragraph of his 2018 New Year missive he  said he intended to “go deeper and study” encryption and cryptocurrency. Photograph: Getty Images

Most people missed Mark Zuckerberg’s first hint that Facebook was preparing his boldest bet in years. Buried in the penultimate paragraph of his 2018(...)

Rising sun: A computer generated image of what Heathrow might look like in  2050, if Earth makes it that far. Photograph: handout via AFP / Getty Images

  Image of the week: Heathrow 2050 Welcome to Heathrow City, please have your passports ready for inspection. This computer generated image rel(...)

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