FF News Logo
Monday, August 10, 2026

Mastercard Open up Access to Blockchain Technology

Matt Shaw, Director, Synechron Business Consulting in London, said: Mastercard’s announcement that it will be opening up access to its blockchain technology via its API published on Mastercard Developers is very significant. It should not be dismissed as a “technology hedge” for Mastercard to ensure themselves against the threat of new entrants into the cross-border B2B payments market, such as Ripple.

Mastercard’s announcement shows a real-world implementation of blockchain backed by a large, well-established global payment operator with the brand strength and extensive customer network to gain trust and adoption, furthering digitalization in the industry and bringing innovative emerging technology to a broader mainstream consumer base. In time, if the platform fulfills its promise and offers Mastercard lower operational costs and risks it could result in the demise of their existing networks.”

  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation Read more
  2. CLS Appoints Six New Board Directors Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
  4. SumUp Launches in Canada Read more
  5. European Fintech Association Elects New Board of Directors Read more