MasterCard

MasterCard Targeted for U.K. Class Action Over Processing Fees

Consumers in the U.K. are preparing a 19 billion-pound ($24.7 billion) class action lawsuit against MasterCard Inc., almost two years after a European Unio...

MasterCard, Visa Try To Speed Chip Transactions After Complaints

Following complaints from retailers, MasterCard Inc. and Visa Inc. have introduced software that they say will speed up slow check-out times for shoppers w...

MasterCard Earnings Beat Estimates As Card Spending Increases

MasterCard Inc., the second-largest US payments network, reported profit that beat analysts’ estimates as card spending increased. First-quarter n...

MasterCard Launches Identity Check To Assist Online Shopping

MasterCard has introduced MasterCard Identity Check, a technology that has 'made online security more convenient', the company claims. According to MasterC...

Demand For Retailers To Adopt New Payment Technologies: Study

A study of social-media channels by MasterCard has revealed that shoppers are increasingly demanding simpler and more innovative ways to pay using new paym...

Target Agrees to Pay Banks $19 Million for Breach-Related Costs

Target agreed to pay banks $19 million for costs they incurred in the 2013 data breach that exposed the payment-card and personal information of tens of mi...

MasterCard Said to Discuss Target Breach Settlement

MasterCard and Target are in talks about a settlement in which the retailer would pay banks about $20 million for costs they incurred in its 2013 data brea...

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