Hi Steve, welcome to the AiThority Interview Series in 2023. Please tell us about your two decades of tech experience so far. How did you arrive at Mastercard?

My career has had several phases. For the first 10 years or so after graduating, I worked at various – mostly small – independent, software companies and consultancies. My position evolved over the years; I started as a developer before advancing to the role of a software engineering manager and then eventually becoming a CTO.

Next, I worked for Science Foundation Ireland (SF), Ireland’s national science funding agency, where I led our investments in topics such as computer science, data science, software engineering, and artificial intelligence.

In 2014 I started at Mastercard, which is where I still currently work today. Initially, I supported and grew a team called Start Path, an engagement program for innovative startups in the fintech space. A few years later, I joined Mastercard Foundry, the innovation and R&D arm within the company, leading research and development for AI, ML, and now also quantum computing. This July, I was appointed to Mastercard’s first class of Distinguished Engineers, a recognition for select Senior Vice President technical experts as part of the company’s continuing commitment to technology, innovation, and career growth. With this distinction, I continue my work with a focus on artificial intelligence and quantum computing. 

You are in charge of Mastercard R&D’s strategy and execution of AI and ML in new product development efforts. What is the biggest challenge to Digital Transformation in the market you cater to?

Of the many years that I’ve worked in technology – this current period is distinct for the speed and scale of innovation taking place. This dynamism is exciting because we’ve only just scratched the surface of what is possible for businesses and consumers, but with it also comes new challenges for enterprises.

For one – leveraging emerging technologies to build new products and services.

Recommended:

AiThority Interview with Ryan Nichols, EVP & GM, Service Cloud at Salesforce

Part of the equation is to understand and introduce technologies like web3, spatial computing, PETs, and AI/ML, while also maintaining and upgrading legacy systems, and aligning with ever-evolving legislation and regulation governing their application.

AI specifically has been top of mind for our market, especially following the fairly recent explosion of generative AI.  Mastercard has been putting AI to work for years, particularly in our products and solutions across open banking, routing, personalization, and fraud that enhance the safety and security of the payments ecosystem.  Although the step change between AI and generative AI is exponential in terms of what you can do with it, our deep roots in AI have afforded us the capabilities, talent, framework, and partnerships to keep a pulse and execute on emerging technologies.  

As a leader in the payments space, and as with any nascent technology, Mastercard has a responsibility to set the precedent for exploring generative AI responsibly.  We developed an AI governance program and guidelines for our data scientists to minimize risks in AI and best serve our customers, invested in partnerships with key institutions like RIT In Dubai and Howard University, and actively encouraged our employees to safety test and learn. 

What technologies within AI and computing are you interested in?

The idea of being able to control a computer system and anything connected to it through programming has fascinated me since I was a teenager.

Today I’m looking at how AI, mixed reality, spatial computing, and web3 have unlocked an entirely new frontier in technology. We’re likely to see several key trends, such as the rapid increase in computational power, both at the edge and in the cloud, and the tokenization of assets to start to coalesce around some of these new computing paradigms.

For AI, the incredible advances born from generative AI and Large Language Models (LLMs) are also contributing to the transformative period we’re in.

Currently, Mastercard is engaging in test-and-learn with generative AI applications to enhance operational efficiency and improve data quality, aggregation, entity resolution, and categorization.

We’re also using ML for certain models that support our open banking solutions, such as credit scoring, financial management insights, account opening, and payments. It enables us to extract, identify, and classify data quickly and more efficiently than rules-based models alone.

AI ML Insights:

AI, E-Commerce and Advertising: Key Trends You Need to Know in 2024

In the longer term, I’m paying close attention to both quantum computing and AGI. With quantum, I’m tracking developments in both hardware and software, to understand how these new devices will help us to solve ever more complex computational problems, and what use cases will arise in our industry. With AGI, at some stage, we may be looking at the prospect of human-like machines that can solve a wide range of complex tasks at scale. 

In the current analysis, it is reported the global quantum computing (QC) market will be at $900 million. How do you see QC disrupting the digital market in the next couple of years? 

At $900m, quantum computing is still a very small part of the overall computing market.

Over the next few years, we’ll see quantum computers – inclusive of quantum annealers – get progressively more performant, capable, and reliable.

Currently, our best guess is that the earliest use cases in banking and payments will most likely be in the optimization space, with other applications such as machine learning coming later.

Rather than a disruption, it’s more probable that we’ll see quantum technology adopted gradually, across industries and companies, as the technology continues to improve, becomes more usable, and its primary use cases become more evident. 

What steps can young technology professionals take to enhance their proficiency in collaborating effectively with Cloud, Automation, and AI-based tools? 

Nothing beats getting “hands-on-keyboard” experience using these technologies.  One of the amazing benefits that all young tech professionals have today is readily available online learning materials. There are tutorials on YouTube for just about every emerging technology imaginable, and through cloud computing, there’s also access to the resources required to explore those areas. Many cloud and tech companies also offer cheap or free trial accounts to help young developers learn their technologies at little or no cost.

On the Mastercard Developers platform, for example, you’ll find a quick start guide that will walk you through how to create a new project using Mastercard’s APIs, and gain access to the Sandbox environment. So, armed with nothing more than a laptop and an internet connection, people can get access to all the technology they could imagine, even quantum computers!

One of the tried and tested ways to build skills in these areas has been through the open-source community – whether it’s contributing to an existing project that you find interesting or relevant, or starting a personal project that scratches your own itch. 

What are your predictions for AI/ML and other smart technologies heading beyond 2024?

As machine and deep learning evolve, so too will their role within our sector. This past year has been about experimentation. In 2024, we expect generative AI to continue to gradually integrate into business operations and products.

Companies are currently focused on internal generative AI applications, like software development co-pilots, knowledge bots and operational efficiency drivers that are serving as testbeds and laying the groundwork for what’s to come. This phase is likely to continue throughout the year, as companies start building the foundations for implementation. As challenges like data privacy, information accuracy and bias are addressed, we anticipate that the range of use cases will expand to include more ambitious and public-facing deployments.

 

One of the most compelling use cases for generative AI in the financial services industry is in open banking. With the aid of fine-tuned LLMs, generative AI can enable the cleaning and categorization of data at a significantly higher through-put and with more accuracy than previously available.

In line with informed data consent protocols, generative AI could streamline personal financial management, for example, by acting as a personal wealth manager to create an encompassed view of an individual’s financial well-being, help formulate college savings plans, procure loans and implement financial strategies – empowering people to navigate their financial lives more adeptly.

Thank you, Steve! That was fun and we hope to see you back on AiThority.com soon.

• About Steve
• About Mastercard

About Steve

Steve is an IT professional with more than 25 years of industry experience in payments, government, and academia. He is currently responsible for leading Mastercard Foundry’s R&D initiatives in emerging technologies, including artificial intelligence, machine learning, quantum computing, 5G and Web3. In this role, Steve leads a team of talented data scientists, data engineers and software engineers to bring new products and services to market.

About Mastercard

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

The post AiThority Interview with Steve Flinter, Distinguished Engineer, Artificial Intelligence & Quantum Computing, Mastercard Foundry R&D appeared first on AiThority.

Clinc, the leader in Conversational Artificial Intelligence technology for Banking, announced that Landmark Credit Union launched Clinc’s Virtual Banking Agent. The new voice and text-enabled chatbot enhances the experience for Landmark’s 370,000+ members seeking convenient, 24/7 access to information and support resources via the credit union’s website. Landmark is the first credit union in Wisconsin to offer Clinc’s innovative technology to its members.

Recommended AI News: Docufree Named A Global Leader In Cloud Computing

Landmark’s virtual assistant provides members with a seamless and modern method for quickly accessing and locating information. Clinc’s technology allows members to interact with the assistant in a natural, free flowing conversation, using either spoken or typed queries. The virtual assistant maintains context, allowing the customer to go different directions during the conversation, change information, and handle multiple requests in a single interaction.

Members can inquire about product offerings, branch/ATM locations, refinancing, credit cards, opening accounts and dozens of other subjects that would previously result in a call to the contact center or branch visit. The technology results in over 85% of customer inquiries handled without waiting for a live agent.

Recommended AI News: BetterCloud And VMware To Fuel The SaaS-Powered Digital Workplace

“We’re beyond excited to be partnering with Landmark Credit Union,” said Jon Newhard, Clinc CEO. “We have been impressed with Landmark’s commitment to using technology to engage customers and provide superior service regardless of channel or time of day.”

“The use of Clinc’s AI technology is a great fit as we continue to enhance our member-facing technology capabilities both in-person and online,” said Brian Melter, Landmark’s Chief Experience Officer. “Clinc’s Virtual Banking Agent provides quick and immediate answers to common member questions 24/7.”

Recommended AI News: Bandwidth Issues Statement On Recent DDoS Attack

To share your insights with us, please write to sghosh@martechseries.com

The post Landmark Credit Union and Clinc Launch Conversational AI Chatbot Clinc’s Artificial Intelligence Technology to Enable Web & Mobile Customer Support appeared first on AiThority.

Varo’s new Cashback program makes earning valuable rewards easy, fast and fun

Varo Bank, the first all-digital nationally chartered bank in the US, today announced that its Perks program is available for all Varo customers. Designed to be radically simple and richly rewarding, Perks offers easy access to rewards of up to 15% Cashback in app from local and national merchants. Later this year, the program will expand to include exclusive offers for Varo’s most engaged customers with personalized offers based on everyday spending patterns.

Perks is designed to maximize Cashback rewards on everyday in app purchases. Varo’s program has no complex points system and it’s easy to track accumulated Cashback right in the Varo app. Customers can make purchases using their Varo Visa® Debit Card with participating in-app merchants like Walgreens, Nike, Vons, Macy’s, Kohl’s, Grubhub, Home Depot, Dick’s Sporting Goods, Sam’s Club, Safeway, Disney+, Old Navy and more. Cashback rewards are automatically deposited into their Varo Bank Account once $5 in Cashback is earned.

Recommended AI News: Essence SmartCare Launches VitalOn Remote Patient Monitoring Solution

“After an overwhelmingly positive response to Perks from early users, we’re thrilled to extend the program to Varo customers everywhere,” said Jaime Jerusalmi, Varo General Manager of Partnerships and Loyalty.  “From our best-in-class lineup of participating merchants across all spending categories to our seamless in-app integration, every aspect of Perks is designed to make earning Cashback as straightforward as possible – and we’re only just getting started.”

The Cashback program joins the existing series of curated partnership products available in the Varo app including insurance, gig work or international remittances. Perks, along with Varo’s existing premium banking products, is wholly designed around advancing the financial health of its customers.

Recommended AI News: SoftServe Poland Recognized as Gold-Certified Company by Mental Health at Work Institute

“We’re proud to offer even greater value to Varo account holders through a Cashback program that’s straightforward, satisfying and aligned with our customers’ existing spending patterns,” said Colin Walsh, CEO and founder of Varo Bank, N.A.  “Historically, rewards programs have been largely limited to holders of expensive credit cards, which has left millions of consumers behind. Cashback Perks embodies our commitment to providing premium products, superlative benefits and innovative financial solutions to all.”

The new Perks program builds on Varo’s record of banking innovation to bring exceptional value, inclusive design and a premium experience to its customers.  Varo is committed to helping customers stretch their paychecks and build a healthy, confident relationship with their money.  Varo’s premium banking services include up to two day early payroll,* high-yield savings accounts with auto savings tools, and Varo Advance** which allows customers to access short term small dollar credit for a low, transparent cost. Varo customers can access Bank Accounts with no minimum balance fees, no monthly maintenance fees, and can access fee-free ATMs from any of the 55,000+ AllPoint® ATMs located around the world.

Recommended AI News: Narrative Reaches New Milestone; Achieves 1.5 Trillion Data Transactions

The post Varo® Perks Program Available Now to Help Customers Stretch Their Paycheck Further appeared first on AiThority.

Payhawk, the platform for payments and expense management, has raised $20 million. The round is led by the US-based fund QED Investors, which has a strong track record of investing in more than 15 fintech unicorns among Klarna and NuBank. Existing investor Earlybird Digital East, who led the $3.6 million seed round in March 2020, is also contributing fresh capital.

Currently, finance teams use multiple disconnected tools for payment, invoices and expense management. Payhawk acts as a one-stop-shop, combining these key elements. As a result, Payhawk empowers finance teams to reduce manual work, keep tight control of budgets in real-time, and fully automate spend.

Recommended AI News: Tom Bridge of the Macadmins Podcast to Join JumpCloud as Principal Product Manager for Apple

The company has posted 10x growth in 2020, and doubled its revenue in Q1 of 2021. Its customer base consists of a mix of fast-growing and multinational companies including LuxAir, Lotto24, Holded, Nexo, MacPaw and By Miles.

The fundraise will enable Payhawk to further expand its product offering and team. The company will expand coverage of countries, currencies and payment products to include credit cards and support for USD, AUD and others. Payhawk will also accelerate its use of AI and ML, to introduce smart workflows, and reduce the need for manual approval. The company plans to triple its marketing and sales team in 2021, in order to increase presence in the UK, Germany and Spain.

Recommended AI News: 2021 AppNeta Survey reveals Employee Expectations of IT as Companies consider Work from Anywhere

Yusuf Ozdalga, QED Investors says, “We are delighted to invest in Payhawk. The company is growing at a phenomenal rate. The company’s product fundamentals are exceptionally strong, and industry trends are working in the company’s favour too. As budgets are more typically managed online by remote teams, there is unprecedented demand for cost-effective finance solutions. We look forward to working with Hristo and the team”

Payhawk CEO and founder Hristo Borisov says, “We have huge ambitions for the year ahead. Over the next year, we are keen to provide great support to finance teams across 30+ countries to manage company cards, invoices and payments in a unified and efficient way. We plan to significantly expand our integrations to existing ERP systems, and also easily connect on top of every business bank account across Europe. To do this, we need to invest in building the right setup and team to scale further, and the new funding round will enable us to do this”

Recommended AI News: CherryRoad Announces Partnership With DocuSign

The post Payhawk Raises $20 Million from QED Investors appeared first on AiThority.

Citcon, the leading mobile wallet payments company, announced the new availability of LATAM and Asia Pacific’s most popular mobile wallets and local payment methods on its platform. This will enable one simple integration for these popular payment methods from those regions where traditional credit cards have low penetration rates.

“With plug-ins for every major ecommerce platform including Shopify, Salesforce Commerce Platform and SAP Hybris, adopting local payment methods to enable cross-border ecommerce has never been easier.”

Citcon is a leading mobile wallet payment provider globally. With its new launch, Citcon will enable 100+ additional mobile wallets in Mexico, Brazil, Chile, Argentina, Uruguay, Colombia, Malaysia, Philippines, Indonesia, South Korea, and more. Wallets covered by the new launch include OxxO, Mercado Pago, PicPay, KakaoPay, Jkopay, GCash, Dana, Alipay HK, and more, comprising more than 300MM active users in total.

Recommended AI News: Cambridge Management Consulting Acquires Straxia

“A recent study by eShopWorld showed that 55% of non-US consumers ages 18-34 shopped from U.S. sites in the past 12 months,” said Chuck Huang, CEO and Founder of Citcon. “US ecommerce merchants have a once in a generation opportunity to activate these consumers, and Citcon’s robust global payment infrastructure can enable this activation. Use of local payment methods is a proven means to reduce cart abandonment for cross-border ecommerce.”

The payment methods cover credit and debit cards, voucher payments, BNPL, E-wallets, Bank transfers etc. This means virtually all major local payment methods used by consumers in Latin America and key APAC countries can now be supported with the use of the Citcon solution. Citcon’s new payment solution also helps merchants address critical finance and regulatory matters such as FX conversion and cross border settlements into US entities, which have always been a pain point for ecommerce merchants selling globally

Recommended AI News: Decentralized Oracle Solution Umbrella Network Launches Public Testnet

“With one simple integration, Citcon enables access to billions of consumers throughout the world, reducing the complexity of global commerce for our customers and making international expansion easier,” said Wei Jiang, COO & President of Citcon. “With plug-ins for every major ecommerce platform including Shopify, Salesforce Commerce Platform and SAP Hybris, adopting local payment methods to enable cross-border ecommerce has never been easier.”

Recommended AI News: Tinuiti Deepens Amazon Market Leadership with Acquisition of Ortega Group

The post Citcon Announces Support For 100+ New Mobile Wallets And Local Payment Methods On Its Payment Platform appeared first on AiThority.

Transaction Enables Affirm, a Leading U.S.-based Pay-Over-Time Platform, to Expand Presence in Canada and Serve Even More Merchants and Consumers

Affirm, a more flexible and transparent alternative to credit cards, announced it has entered into a definitive agreement to acquire PayBright, one of Canada’s leading buy-now-pay-later providers. Under the terms of the agreement, Affirm will acquire PayBright for a total cash and equity consideration of approximately CAD $340 million. Additional terms of the transaction were not disclosed.

Recommended AI News: International Raises The Bar On Connectivity With Intelligent Fleet Care

The combination of Affirm and PayBright unites two innovators with complementary merchant relationships and deeply aligned cultural values, and creates a payment solutions platform with expanded scale and reach. Together, Affirm and PayBright will have a larger and more diverse merchant network across the United States and Canada. Additionally, PayBright’s first-mover advantage in Canada provides Affirm the opportunity to continue to expand.

“We are excited to combine with PayBright, creating the opportunity to expand our footprint across North America and scale our platform,” said Max Levchin, CEO and founder of Affirm. “PayBright shares Affirm’s goal of improving the payments experience for consumers and merchants alike, and PayBright’s base of merchants complements our own customer network. We look forward to welcoming their talented team to the Affirm family.”

Recommended AI News: XTM Revenue Recovered Back To 91% Of Pre-COVID Levels

“We built PayBright with the mission of making the everyday commerce experience simply better for Canadians,” said Wayne Pommen, President and CEO of PayBright. “Partnering with Affirm gives us the opportunity to deliver on that promise on a much larger scale. Affirm’s network, focus on trust and transparency, and industry-leading technology make it the ideal partner for PayBright. As part of a larger, multinational organization, we can help even more merchants attract new customers and provide a greater number of consumers with more control and flexibility in their purchasing decisions. We are delighted to be joining forces with Affirm and taking Buy Now, Pay Later to the next level in Canada.”

Recommended AI News: Exactech Launches Predict+, First Machine Learning-Based Software That Informs Surgeons With Patient-Specific Outcomes Predictions After Shoulder Replacement Surgery

The post Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million appeared first on AiThority.

Eligible credit card customers can now request a new card with their chosen name

Today, Citi announced that it is offering transgender and non-binary people the ability to use their chosen name on eligible credit cards. This launch, in conjunction with Mastercard, provides eligible U.S. Branded credit card customers with the option to use their self-identified chosen first name on credit cards.

Effective immediately, eligible existing credit cardmembers will be able to request a new credit card, which displays their chosen name. In the coming weeks, customers will also be able to be serviced by their chosen name when they call into customer service and also across online and mobile access points.

Recommended AI News: Hot Startups : Latest News And Updates On Daily Roundup

“At Citi, we are passionate about helping to ensure our customers feel recognized, accepted and empowered to be their true selves,” said Carla Hassan, Citi Chief Marketing Officer. “We’re incredibly proud to launch the True Name feature, through our relationship with Mastercard, because we strongly believe that our customers should have the opportunity to be called by the name that represents who they really are.”

“Since introducing the True Name feature, we’ve received incredible feedback from our partners and allies within the transgender and non-binary communities on how the capability has eased a major pain point in their lives,” said Cheryl Guerin, EVP marketing & communications for Mastercard. “By working with Citi and its significant network, we’re thrilled that we’ll be able to extend the reach and impact of the True Name initiative.”

Recommended AI News: Periscope Invests in MobiChord

Citi’s launch of Mastercard’s True Name feature is an extension of the bank’s ongoing commitment to the LGBTQ+ community. Not only is Citi an active advocate for LGBTQ+ equality—most recently signing an amicus brief urging the Supreme Court to prohibit workplace discrimination on the basis of sexual orientation and gender identity in the United States and a letter to the Prime Minister advocating for trans equality in the United Kingdom—but we are committed to helping create an equitable and inclusive culture, where we all recognize and respect how our identities affect our experiences. Also, for sixteen consecutive years, Citi has received a perfect score on the Human Rights Campaign Foundation’s Corporate Equality Index (CEI), a national survey that benchmarks corporate policies and practices for LGBTQ+ workplace equality.

Recommended AI News: Alabama Community College System Expands Its Partnership With Blackboard to Improve Student Outcomes

The post Citi Launches “True Name” Feature With Mastercard Across the U.S. appeared first on AiThority.

Ternio BlockCard, a crypto fintech platform enabling consumers to convert cryptocurrency for real world utility, has been rated the number one debit card for consumers by CryptoCurrencyCard.org.

Ternio BlockCard, a crypto fintech platform enabling consumers to convert cryptocurrency for real-world utility, has been rated the number one debit card for consumers by CryptoCurrencyCard.org. The financial review publication has covered a wide variety of products from across the globe and is a leading source for professional reviews on the latest in prepaid, debit, and credit cards that support cryptocurrency.

Having reviewed over twenty different cryptocurrency debit card options, BlockCard led the pack by providing a combination of Accessibility, Ease of Use, and a perfect 10 out of 10 score for Customer Support. Scoring a total 9.2 out of 10, BlockCard offers the most well-rounded solution for consumers in the United States. As a go-to source for professional reviews on the latest in prepaid, debit, and credit cards that support cryptocurrency, the CryptoCurrencyCard.org team provides deep insight and knowledge into how the emerging crypto card sector rapidly evolves.

Recommended AI News: Azure DevSecOps Jumpstart Now Available In The Microsoft Azure Marketplace

Ternio CEO and Co-Founder, Daniel Gouldman had a one-on-one interview with the editorial team, sharing what can be expected from BlockCard in the future. “We just rolled out 6.38% crypto back rewards so that’s a huge deal. We’re rolling out a mobile app for iOS and Android, decentralized wallets, checking accounts – domestic and international, the ability to buy/sell cryptocurrency, a debit card program in Europe, and a ‘Global card’ as well. There is a lot more we want to do between now and the end of 2020.”

Recommended AI News: Deloitte And Nuvolo Announce New Alliance For Modern Connected Workplace, Built On ServiceNow

BlockCard also took the top spot for crypto debit cards on CryptoWisser. Co-Founder of CryptoWisser, Richard, said, “Our team at cryptowisser.com reviewed Ternio’s BlockCard and was impressed with its features and functionality. Our user-generated reviews also rated BlockCard one of the top options for consumers.” Cryptowisser.com runs the world’s largest and most well-renowned list of cryptocurrency debit cards.

Recommended AI News: Alibaba Cloud Partners With Aryaka To Deliver A Global And Fully Managed

The post Ternio BlockCard Rated Top Crypto Debit Card by CryptoCurrencyCard.org appeared first on AiThority.

BlockCard by Ternio Is a Debit Card That Enables the Card Holder to Spend the Value of Their Cryptocurrency with the Same Ease as Traditional Credit Cards. BlockCard Can Be Used Online or in Physical Store Locations, Anywhere in the World Major Credit Cards Are Accepted.

Ternio, the leader in scalable blockchain architecture for enterprise companies, has announced their first product for the general public called BlockCard™. BlockCard is a debit card that enables the card holder to spend the value of their cryptocurrency with the same ease as traditional credit cards. BlockCard can be used online or in physical store locations, anywhere in the world major credit cards are accepted.

“Ternio’s goal is to accelerate the use of blockchain and cryptocurrency into everyday life,” said Ian Kane, COO & Founder of Ternio. “BlockCard enables the card holder to gain real utility from their cryptocurrency and removes the notion that crypto is only a speculative asset.”

BlockCard currently supports four cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), Stellar Lumens (XLM) and Ternio (TERN). Consumers who hold any of those cryptocurrencies can deposit them to their BlockCard account after signing up. Additional currencies will be added throughout the year. BlockCard™ users have the option to select between a virtual or physical card. Those who want a physical BlockCard™ can also select between a plastic or a metal version of the card.

Read More:  Alliance for Artificial Intelligence in Healthcare (AAIH) Sponsoring Panel at Biotech Showcase as Part of Official AAIH Launch

Ternio’s BlockCard is one of only three approved crypto debit cards in the United States and is the only card to support multiple cryptocurrencies – giving card holders the option on how they fund their BlockCard. It is also the only card that enables real time spending of cryptocurrency by processing transactions via a crypto exchange. Ternio registered over 1,000 people during their soft launch.

Read More:  WORBLI Calls 2018 the Year of Substantive Growth in Blockchain and Predicts Global Expansion in 2019

“We want to give consumers the option on which digital asset they use to fund their BlockCard account,” said Daniel Gouldman, CEO and Founder of Ternio. “Card holders decide if they want to buy a bagel with their Bitcoin or a latte with their Stellar Lumens. Most importantly, these transactions occur on digital asset exchanges, which helps to propel the crypto community.”

Ternio BlockCard™:

Ternio is a leading blockchain company driving the adoption of blockchain and cryptocurrency into everyday life with its Lexicon framework and BlockCard™. The BlockCard™ is a physical debit card created by Ternio. With BlockCard™, card holders are empowered to spend their BTC, ETH, XLM, and TERN anywhere in the world major credit cards are accepted.

Read More:  AI Healthcare Network In India Gets Massive Boost with Microsoft-Apollo Collaboration

The post Ternio Introduces CryptoCurrency BlockCard Enabling Users to Spend Bitcoin, Ethereum, and Stellar Lumens Anywhere Credit Cards Accepted. appeared first on AiThority.