Mastercard

Company

Last mentioned: 3d ago

Stories mentioning Mastercard 2

Launches Bullish

Colossus Challenges Payment Giants with KYC-Less Ethereum Layer-2 Cards

Colossus, a lean four-person startup, is developing a decentralized payment infrastructure on an Ethereum layer-2 to bypass traditional KYC requirements. By leveraging blockchain technology, the firm aims to offer crypto cards that challenge the dominance of incumbents like Visa and Mastercard.

2 sources
Leadership Neutral

Block to Slash 4,000 Jobs in Radical AI-First Pivot; Shares Surge 25%

Block CEO Jack Dorsey has announced a massive restructuring, cutting nearly 50% of the company's workforce to transition into an AI-driven operational model. The move, which aims to boost long-term margins and productivity, triggered a 25% surge in after-hours trading as investors cheer the aggressive cost-cutting strategy.

2 sources