Mastercard Inc. said Wednesday that it would begin allowing merchants to accept some cryptocurrencies on its network later this year, marking the latest embrace of digital coins by a traditional payments player. “We are here to enable customers, merchants and…
Mastercard to Acquire Finicity in $825 Million Deal
For a year that began with Visa’s headline-making acquisition of Plaid, it seems almost poetic that near 2020’s midway mark, Mastercard would make a major fintech bid of its own. The company has agreed to acquire Finicity, a real-time financial data and analytics provider and long-time Finovate alum,…