The surge in borrowing in October was fueled by a 9.9% increase in revolving credit outstanding, which mostly consists of credit-card loans.
Strong consumer spending overseas helped drive Mastercard's gross dollar volume to $1.4 trillion in the third quarter.
The company's consolidated expenses rose 21% to $5.8 billion in Q2 as it tried to keep affluent customers from switching to rivals.
The company has been more aggressively marketing its products and making changes to the Platinum Card to recover from the loss of its Costco partnership.
Ex-employees Nasir Shakouri and Robert Torino allegedly embezzled funds through phony expense reimbursements, inflated invoices, and other improper actions.
The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.
The disclosure of the size of Visa's 2011 investment fuels speculation about its plans with the mobile payments startup.
The settlement is with MasterCard and credit-card issuers seeking to hold Target liable for costs related to the 2013 breach.
The deal will create a windfall for the banks and other entities that now own Visa Europe, with U.K. banks alone expected to pocket $1.4 billion.
The sale of GE's healthcare lending unit to Capital One Financial brings its announced divestitures of finance assets to about $78 billion.
June data from the Federal Reserve suggest a healthy outlook for consumer spending in the second half of 2015.
Credit cards are increasingly used in business-to-business transactions, and the associated fees are cutting into profitability, says REL.
