INSIDER
All-Star pitcher who was likely to be traded this week breaks hand punching table
Read full article: All-Star pitcher who was likely to be traded this week breaks hand punching tableAn All-Star pitcher who was probably going to be traded this week broke his hand while punching a table in frustration.
Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminals
Read full article: Using AI, Mastercard expects to find compromised cards quicker, before they get used by criminalsMastercard says it expects to be able to discover that your credit or debit card number has been compromised well before it ends up in the hands of a cybercriminal.
Deadline for businesses to apply for their share of massive credit card company settlement looms
Read full article: Deadline for businesses to apply for their share of massive credit card company settlement loomsA deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard.
Report: Chinese credit card processor rebuffs Russian banks
Read full article: Report: Chinese credit card processor rebuffs Russian banksA Russian news outlet says China's credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its attack on Ukraine.
Russian banks consider China UnionPay cards after sanctions
Read full article: Russian banks consider China UnionPay cards after sanctionsLeading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia over the invasion of Ukraine.
Meet the Detroit women business owners staring in new Mastercard commercial
Read full article: Meet the Detroit women business owners staring in new Mastercard commercialDETROIT – A Mastercard commercial is airing that features Black women business owners from Detroit. The commercial features Pashon Murray, who owns Detroit Dirt, Deirdre Roberson with Eumelanin, Erika Boyd with Detroit Vegan Soul, and Rashida “The Glam Doctor” LaShawn. The women didn’t know that the commercial would also feature J-Hud or the other ladies. Detroit Vegan Soul is a restaurant offering vegan takes on soul food. AdREAD: More Women’s History Month coverageWatch the commercial below:More information on each business is available below:
Digital exchange Coinbase takes a step toward going public
Read full article: Digital exchange Coinbase takes a step toward going publicDigital currency exchange Coinbase is looking to become a publicly traded company, a move being hailed by some as a start to helping cryptocurrency gain more mainstream acceptance. (AP Photo/Kin Cheung, File)Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock. In a Thursday filing with the Securities and Exchange Commission, Coinbase also revealed how interest in digital currency is gaining steam on the exchange. But volatility currently makes the use of digital currency for the exchange for goods and services untenable.
Facebook's Libra cryptocurrency project in crisis
Read full article: Facebook's Libra cryptocurrency project in crisisThe firms were part of a group of more than two dozen nonprofits and companies originally listed as "founding members" of the Libra Association, which is intended to to be an independent overseer of the cryptocurrency. "We appreciate Stripe and eBay's support for the goals and mission of the Libra project," a spokesperson for the Libra Association said in a statement provided to CNN Business. The first meeting of the Libra Association Council is set to take place in "just 3 days," the spokesperson added. Facebook previously said it created the Libra Association so that no one company would have an outsized influence over the currency. But from the beginning, it appeared some association members might have reservations about officially joining the group.