Mastercard And R3 Partner To Develop New Blockchain-Powered Cross-Border Payments Solution

Updated : 2019-09-11T19:38:04

On Sep. 11, Mastercard and R3, a leading enterprise blockchain software provider, have announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard.