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.
MasterCard Acquires U.K. Payments Giant VocaLink
The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.
Home Depot Joins Battle Over Chip Card Security
The retailer says in an antitrust suit that Visa and MasterCard are trying to block the use of PINs to verify chip-card transactions.
MasterCard Profits Slide But Beat Expectations
The card payments company reported a 6% decline in profit but revenue climbed.
Target to Pay $39M to Settle Data-Breach Claims
The settlement is with MasterCard and credit-card issuers seeking to hold Target liable for costs related to the 2013 breach.
Antitrust Loss Forces Change in AmEx Policy
Merchants who accept AmEx cards are no longer banned from steering customers to Visa and MasterCard.
“All of This Stuff Can Be Hacked”
The hack of a Dutch manufacturer raises questions about the security of payments via chip-enabled cards and mobile devices.
Banks Give Apple a Break on Mobile Transaction Fees
By beefing up security on mobile wallet transactions, Apple wins fee discounts from credit card issuers.
Mobile Payments Could Become Mainstream with iPhone 6
News sources are reporting that American Express, Visa and MasterCard might be teaming with Apple to create a market-changing mobile wallet.
N.Y. to Propose Regulating Bitcoin Firms
State banking regulator says virtual currency licenses would prevent misconduct but not derail the fledgling technology.