The Latest Breaking News from Mastercard

Visa and Mastercard announced a major settlement with U.S. merchants, potentially ending years of litigation over the fees charged every time a credit or debit card is used in a store or restaurant.

Merchants have long accused the payment networks of charging inflated ‘swipe fees’ when shoppers use their cards.

On paper, it sounded reasonable enough: Lola T97/30 chassis, Ford Zetec-R V8 engines and, most importantly, major corporate backing from Mastercard.

Visa and MasterCard settlement with U.S. merchants on swipe fees could lead to substantial savings for consumers.

The settlement will see Visa and Mastercard cap credit interchange fees until 2030, with the companies obligated to negotiate fees with merchant buying groups.

Expert says 'the top end of town' is making bank at our expense

The financial industry is undergoing rapid digital transformation and is poised to witness robust growth due to evolving customers’ preferences for digital banking, mobile payments, and personalized financial solutions. Thus, it could be ideal to add top financial stocks Visa (V) and Mastercard (MA) to your portfolio this month. Read…

Should you consider identity theft protection? Monitoring services can help you spot red flags quickly, but they won’t stop criminals from targeting you.

JPMorgan partners with France's CB network to strengthen market presence and enhance payment processing capabilities.

StrackaLine offers a hole-by-hole course guide to Bay Hill and the Arnold Palmer Invitational presented by Mastercard.

If the Capital One and Discover merger goes through, customers may have to deal with changing payment processing networks and higher interest rates and fees.