Ericsson and Mastercard Double Down on Cross-Border Money Rails
Hey Payments Fanatic!
Ericsson and Mastercard are integrating the Ericsson FinTech Platform with Mastercard Move.
The objective is clear... Expand digital wallet capabilities. Accelerate global money movement.
Mastercard Move reaches 200+ countries and territories. It connects 17 billion endpoints. It supports transactions in 150 currencies. That is the global Payments infrastructure.
Ericsson operates in 22 countries. 120 million active users. Over 4 billion transactions every month.
By embedding Mastercard Move directly into Ericsson’s platform, telecom operators, banks, and FinTechs get pre-integrated APIs and compliance-ready infrastructure.
If you remember when Mastercard enabled embedded payments inside connected cars with Mercedes, turning dashboards into wallets, that was another signal. You can access the content I've published on this topic below 👇
That progression tells you something. Mastercard is not just enabling payments. It is embedding money movement directly into digital ecosystems.
Keep scrolling for more updates. I’ll connect the next moves with you next week.
Cheers,
INSIGHTS
📰 Speed Meets Trust: The Evolution of Money from Paper Bonds to Programmable Dollars by Noah. Stablecoins mark the next step in money movement, combining instant settlement with programmable transparency. Unlike bearer bonds, which enabled borderless speed through anonymous physical certificates, stablecoins provide fast digital transfers with an auditable trail, aiming to balance efficiency with accountability. Read the full article here
NEWS
🇺🇸 Ericsson and Mastercard enhance global digital money movement and accelerate digital financial inclusion. The collaboration simplifies access to advanced money movement solutions for telecom service providers, FinTechs, and banks, and increases financial digital inclusion for unbanked and underbanked communities.
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🇺🇸 Contra is introducing Contra Payments, aimed at improving how creatives get paid across both one-to-one client work and scalable income streams such as digital products and agentic commerce. Contra says it remains committed to a zero-commission model while increasing transparency around the platform.
🇺🇸 Klarna accelerates U.S. growth and delivers $1bn revenue driven by rapid banking service adoption. The U.S. led Klarna's growth with revenue up 58% year-over-year, accelerating from 51% in Q3. Klarna now serves 29 million U.S. consumers, with 11% of the population having used Klarna in the last 12 months.
🇫🇷 Akeneo partners with Stripe to help businesses get ready to sell on AI Agents, introducing Digital Showroom for real-time, sales-ready experiences. Through a partnership with Stripe, it also enables AI discovery and agentic checkout, extending product data into the next generation of commerce.
🇺🇸 Badge raises $17 million to chase the next era of digital wallets. Badge aims to help businesses activate this new channel while avoiding spam and preserving user trust as wallets increasingly replace physical counterparts. Keep reading
🇦🇷 Visa to acquire Prisma Medios de Pago and Newpay in Argentina. The combined technology platforms of Prisma and Newpay will accelerate the deployment of advanced technologies such as tokenisation, biometric authentication, intelligent risk tools, and agentic commerce solutions.
🇺🇸 Remitly CEO Matt Oppenheimer steps down, hands reins of FinTech company to former Amazon exec. Veteran tech and finance executive Sebastian Gunningham will replace Oppenheimer, effective Feb. 19. Oppenheimer will become chairman as the company leans into what it calls its next chapter.
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