Blockzeit
  • News
    • Bitcoin News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • AI
    • Markets
    • Investing
    • Technology
    • Trends
    • Switzerland
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • PortuguêsPortuguês
  • News
    • Bitcoin News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • AI
    • Markets
    • Investing
    • Technology
    • Trends
    • Switzerland
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
No Result
View All Result
Blockzeit
No Result
View All Result
Home Trends
Mastercard Krypto 1

Mastercard Krypto 1

Mastercard Hiring 500 People as it Incorporates Crypto Dedicated Services 

Tom Nyarunda by Tom Nyarunda
February 16, 2022
in Trends
Reading Time: 3 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare via WhatsappShare via Email

Mastercard said its new practices would focus on such areas as crypto and digital currencies and ESG. The payment processor targets banks and merchants that need help when adopting crypto-enabled technologies and Non-fungible tokens (NFTs).

Mastercard’s payment-focused consulting service is rising to the occasion to meet consumer expectations in a business environment with fast-changing technologies. According to a press release by the firm, Mastercard is expanding its consulting business with practices dedicated to crypto.

In continuing its goal to pursue a spot within the crypto industry, the payments processor is beefing up its offerings to help clients leverage new opportunities while remaining compliant in a changing world. As per the statement, the financial institution aims to continue helping clients navigate the ever-changing world of finance and help them identify challenges and anticipate what is coming next. Mastercard’s Data & Services President Raj Seshadri stated:

“Payments are just the beginning […] over the past 20 years, we’ve worked with our customers across banking, Fintech, retail, travel and other sectors, helping them understand and navigate every challenge and opportunity thrown their way.”

Mastercard hires 500 people

One area Mastercard plans to focus its guns on is helping central banks explore the design and deployment of a central bank digital currency (CBDC) using MasterCard’s testing platform, allowing them to research various scenarios before deployment. As a result, the company plans to expand its team and hire 500 people, mainly “college graduates and young professionals.” This big wave of recruitment will bring the division’s workforce to 2,500 people, essentially data scientists, engineers, and consultants. Seshadri added: 

“This evolution of consulting is in recognition of the changing world and of our changing business. It’s about helping customers navigate today’s challenges and anticipating what’s next.”

As per the release, the newly created practice groups will ensure that Mastercard continues to deliver integrated solutions that bring “world-class thinking, services and tools and assets. The groups which include firms like Ciphertrace, Finicity and Aiia, Cyber Quant, and the Priceless Planet Coalition will enable MasterCard to drive smarter decisions with better outcomes across a customer’s entire business.” 

Launching a wide range of crypto services

The range of consulting services that Mastecard offers through banks and merchants covers an array of what digital currencies can bring to the table. In addition to covering the basics, the offerings will include risk assessments and bank-wide crypto, non-fungible token (NFT) strategy, crypto loyalty programs, and more.

Mastercard has designed a collaborative approach that positively impacts consumers besides restoring forests through the Priceless Planet Coalition while also driving card usage. The firm recently joined hands with Coinbase cryptocurrency exchange to create Coinbase NFT, a marketplace that will facilitate the purchasing, selling, and displaying non-fungible tokens. The exchange also plans to collaborate with Mastercard “to support the crypto ecosystem with new tools for crypto wallets and cybersecurity protections.” 

1a49ddd7 d169 48a0 a252 3fc3a2ad01bb 1
Tom Nyarunda

Tom is a freelance writer with over 10-years’ experience in content creation, blog writing, and SEO specializing in the blockchain and cryptocurrency niche. As a philosophical figurehead, he believes that to make our world a better place, we must invest in incorruptible products and procedures, of which Bitcoin and other cryptocurrencies are leading examples.

Previous Post

4 Things to Know Before Launching An NFT Project

Next Post

Can Cardano Reach $25?

Related Posts

tech trends

A Glimpse Into The Future: The Top 5 Tech Trends Of 2024

by Giancarlo
September 24, 2023
0

As we stand at the brink of 2024, the world of technology is poised for yet another transformative year. The...

Friend.tech

Friend.tech: The Rising Star Of Token2049 And Redefining Social Media In The Crypto World

by Giancarlo
September 18, 2023
0

At this year's Token2049 Web3 conference in Singapore, a new player emerged as the star of the show — Friend.tech....

Ben Armstrong

Ben Armstrong Is Back With A New Crypto Channel

by Rickie Sanchez
September 15, 2023
0

Despite setbacks, Ben Armstrong is determined to reshape his online presence and continue his journey in the cryptocurrency space, emphasizing...

Load More

Get updates to your inbox!

Subscribe to our mailing list to receive daily updates!

Find the next Crypto Gem on KuCoin copy

FOLLoW US:

Blockzeit Logo 10 1

Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.

Popular Categories

Categories
  • AI
  • Bitcoin News
  • Blockchain Terms
  • Business
  • Buy Cardano
  • Education
  • Investing
  • Markets
  • Metaverse
  • NFTs
  • Politics
  • Press Release
  • Switzerland
  • Technology
  • Trends
  • Uncategorized

Important Links

  • Privacy Policy
  • Disclaimer
  • About us
  • Contact us
  • Blockchain Jobs
  • Events

Contact & Social

For guest posts, contact us via info@blockzeit.com

 

Contact: info@blockzeit.com
Press: press@blockzeit.com

Facebook Twitter Linkedin Instagram
  • Home
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
  • Education
  • Events
© Copyright by Blockzeit.com. All rights reserved.

Disclaimer

Claim your €10 Bitvavo Welcome Bonus

Sign Up Now
No Result
View All Result
  • News
    • Bitcoin News
    • Business
    • Politics
    • Metaverse
    • NFTs
    • AI
    • Markets
    • Investing
    • Technology
    • Trends
    • Switzerland
  • Tools
    • Crypto Charts
    • Crypto Heatmap
  • Education
    • Reviews
    • Guides
    • Bitcoin Price Analysis
  • Crypto Exchanges
  • DeutschDeutsch
  • PortuguêsPortuguês

© 2021 Blockzeit by Blockzeit.

Subscribe Our Newsletter

Signup & Get Latest Update on Crypto