E-Commerce Posts 18.8% Holiday Season Gain
Retailers offered omnichannel sales earlier in the season, "meeting consumers’ demand for the best deals across all channels and devices."
Mastercard to Buy Bill-Pay Platform Transactis
"We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills," says Mastercard.
Mastercard Buys Transfast After Earthport Rebuff
“We believe Transfast gives us the strongest platform to immediately enhance our cross-border [payments] capabilities," Mastercard says.
CFOs on the Move: Week Ending Feb. 15
Victory Capital Holdings, Mastercard, Chase, Adeptus Health, Cleveland-Cliffs, Legacy Reserves, Regional Management, Lumentum, Avaya Holdings, Arhaus
Mastercard CFO Martina Hund-Mejean to Retire
Chief financial operations officer Sachin Mehra will succeed Hund-Mejean as CFO on April 1.
Mastercard SpendingPulse: Retail Sales Grew at Strongest Rate in Six Years
Retail sales topped over $850 billion this holiday season as shoppers were encouraged by a robust economy and early discounts.
Visa, Mastercard Settle Long-Running Fee Suit
The companies said they have already set aside funds to cover the penalty.
Mastercard Beats Views With Record Revenue
Overseas transactions played a "major role" in Mastercard's Q1 performance as gross dollar volume increased 23.5% compared to 10.5% in the U.S..
Mastercard Profit Jumps 21% to Record $1.43B
Strong consumer spending overseas helped drive Mastercard's gross dollar volume to $1.4 trillion in the third quarter.
Six Ways to Curb the Costs of a Data Breach
You can’t lose a customer’s or an employee’s data if you don’t have it.
MasterCard Shares Surge on 12% Profit Gain
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.