Mastercard, International Finance Corporation, Visa, and the World Bank Group are collaborating on a new initiative, contributing $500 million and sharing credit settlement risk.

The entities involved

• Mastercard →

  American multinational financial services corporation

  • Commonwealth Bank adjusts its payment processing programs following changes in Reserve Bank of Australia's policy, affecting card network fees.Sun 19:22
  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49
• International Finance Corporation →

  World Bank Group member financial institution

  • The International Finance Corporation is providing financing for a logistics corridor in Ghana that links Volta Lake to northern Ghana and extends to Burkina Faso.Mon 08:46
  • The French Development Agency (AFD) is providing funding to the International Finance Corporation (IFC) for operations in South Africa.Sun 04:09
• Visa Inc. →

  American multinational financial services corporation

  • Morgan Stanley restated an overweight rating, Capital upped its target price, and TD Cowen reaffirmed a buy rating on Visa Inc.Mon 10:18
  • The Bank of Ghana maintained its policy rate while Visa and Access Bank launched a new payment service, coinciding with cocoa price adjustments in Ghana.Sat 18:37
• World Bank Group →

  group of five international organizations that make leveraged loans to developing countries

  • Mission 300 initiatives are underway in the country, involving Ethiopia, the World Bank Group, and Tanzania.Mon 03:44
  • Kazakhstan has been invited to participate in a global strategy concerning digitalization, AI, and telecommunications, specifically as part of Group A, involving the World Bank Group.Mon 01:48