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Visa, MasterCard OK $7.3 billion settlement

Credit Card

Visa, MasterCard and major banks have agreed to pay $7.3 billion to millions of merchants to end a dispute over card fees.


Cellphone trade show kicks off in New Orleans

CTIA Wireless, the U.S. cellphone phone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the business of moving money around.


MasterCard confirms major credit card data theft

Credit Cards

Law enforcement officials are investigating what appears to be a massive theft of U.S. consumers' credit card data, MasterCard confirmed Friday.


MasterCard hits all-time high on strong growth

MasterCard hits all-time high on strong growth

MasterCard Inc reported sharply higher third-quarter profit on Wednesday, easily beating Wall Street estimates on double-digit increases in volumes.


WikiLeaks says "blockade" threatens its existence

WikiLeaks says

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial "blockade" by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.


What MasterCard Learned From Testing Google's 'Google Wallet' App

What MasterCard Learned From Testing Google's 'Google Wallet' App

Following a nearly four-month trial period, Google is taking its mobile commerce application, Google Wallet, nationwide. In a blog post announcing the news, the search giant said it needed the time to extensively test the app, which lets users pay for goods by tapping their smartphones against special wireless readers, which are powered by MasterCard’s contactless “PayPass” technology.


Visa, other cards not valid under Syria sanctions

Visa and MasterCard credit cards are no longer valid in Syria under new U.S. sanctions targeting Damascus because of its deadly crackdown on a 5-month-old uprising, officials said Thursday.


WikiLeaks says it's suing Visa, MasterCard

WikiLeaks says it's suing the European operations of Visa and MasterCard because they cut off services to the secret-spreading website last December.


MasterCard Profit Up as Customers Spend More

MasterCard's first-quarter profit rose 24%, topping analysts' expectations, and revenue also beat views.


MasterCard's website hammered

MasterCard's website hammered

The website for MasterCard suffered severe technical problems early Wednesday, possibly becoming the latest target of hackers supporting WikiLeaks founder Julian Assange.


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