Growth In Cross-Border Businesses Drives Mastercard Revenue To $7.2bn

Ripple’s XRP Adoption Grows: Mastercard Highlights SBI Remit as SWIFT Speculation Builds

Major financial institutions are increasingly testing digital assets, including XRP, to improve cross-border payments. A recent report by Mastercard, titled “Blockchain Technology Fuels New Remittances Business Cases,” highlights several examples of blockchain applications in remittance systems.Speculation has resurfaced around a possible integration of Ripple’s XRP with SWIFT, the global messaging network for cross-border transactions. Previous…

Growth In Cross-Border Businesses Drives Mastercard Revenue To $7.2bn

Mastercard Inc. reported more-than-expected earnings for the first quarter of 2025 on Thursday, as cross-border transaction volumes and growing demand for value-added services helped offset macroeconomic uncertainty. The company posted earnings per share (EPS) of $3.73, surpassing estimates of $3.57, according to data. Revenue for the quarter rose 17 per cent year-over-year to $7.25bn, also exceeding analysts’ expectations of $7.12bn. The positi…