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The Latest Breaking News from Mastercard

Earnings, Geopolitics and Other Key Items to Watch This Week

Last week was a wild ride, to say the least. Tesla (TSLA) reported earnings and the market did not like what it had to say, as it proceeded to sell off and close the week down over 15%.

Barchart

NatWest initiative could save hassle for some shoppers at online checkouts

Customers with a NatWest, Royal Bank of Scotland or Ulster Bank Mastercard have been registered for the Click to Pay service.

The Independent UK

Employers can't tell if some benefits actually improve the bottom-line

As employee benefits costs rise, employers struggle to gauge if they're delivering a return on investment.

Fortune

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This Warren Buffett Stock Is a Deep Value Buy After Its Latest Slide

American Express stock is getting too cheap following its overblown pullback off 52-week highs.

Barchart

Cricket world cup ticketing trouble

Cricket fans scramble for tickets to India-Pakistan match at Ahmedabad's Narendra Modi Stadium, world's largest cricket stadium. Despite booking hotels and taxis, fans unable to book tickets online. BCCI's centralized ticketing system and corporate boxes leave limited tickets for fans. Venkatesh Prasad urges BCCI to streamline ticketing process. BookMyShow statement…

The Hindu

Why many business owners would love it if you stopped using your credit card

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

WEKU

Barbara Corcoran doesn't aspire to be good at everything, in fact it's the opposite

Barbara Corcoran told a Bank of America and Mastercard event why she isn't scared to fail and doesn't want to be good at everything.

Fortune

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Want a simple way to earn cash back every day? The Citi Double Cash Card is tough to beat.

The Citi Double Cash Card is tough to beat, with no annual fee and 2% cash back on every purchase.

Fortune

Combo appropriations package hits the skids in Senate - Roll Call

Senators have reservations about trying to tack two more spending bills onto the House-passed Military Construction-VA bill.

Roll Call

New NatWest boss worked for oil firm under investigation in ‘world’s biggest financial scandal’

Exclusive: Rick Haythornthwaite was paid £200,000 a year by Saudi company, PetroSaudi, involved in 1MDB scandal

The Guardian - UK

Rugby World Cup will inspire more people take up sport, says new report

The Rugby World Cup is set to fuel a big rise in people taking up the sport, according to a new report.

Evening Standard

NatWest plays it safe with new chairman Rick Haythornthwaite

Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco

The Guardian - UK

Visa to send stablecoin USDC over Solana to help pay merchants in crypto

The payments giant had previously only accepted payments in USDC.

Fortune

Is Redneck Bank a joke? Don't let the funny name fool you.

Don’t be fooled. This bank’s competitive rates are no joke.

Fortune

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Reason

HHS Asks DEA To Reclassify Cannabis as Equivalent to Testosterone and Codeine Tylenol

Plus: Tennessee prosecutor threatens to use drag law that was declared unconstitutional, ACLU asks FTC to investigate Mastercard's adult content policy, and more...

StockNews.com

PayPal Holdings (PYPL) vs. Mastercard (MA): Which is the Better Financial Pick for Investors?

Anticipated additional rate hikes and technological progress are poised to strengthen the consumer financial services sector. Given this, which consumer financial services stock, PayPal Holdings (PYPL) or Mastercard (MA), could be a better pick for investors? Let’s find out….

Fortune

Mastercard to end prepaid crypto card program with Binance after calling partnership ‘exciting step in our crypto journey’

The breakup follows two lawsuits from the U.S. federal government against the world’s largest crypto exchange.

The National (Scotland)

Rangers confirm appointment of James Taylor as chief finance officer

Rangers have appointed James Taylor as the club's new chief finance officer (CFO).

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news in one place.

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USA Today Sports Media Group

Two Atlanta businesses get support from Mastercard, Capital One Business ahead of Tour Championship

Mastercard and Capital One Business have built out both shops on the grounds of the Tour Championship.

Kiplinger

Cannabis Linked to Decreased Use of Opioids: This Week in Cannabis Investing

A federally funded study found that cannabis can help reduce opioid cravings and abuse.

Kiplinger

Washington Takes Aim at Credit Card Processing Fees

Visa and Mastercard network fees are ‘part of problem’ as consumers face rising prices, lawmakers say.

Fortune

The unheralded woman who closed Polygon’s deals with Starbucks, Disney, and Mastercard is now a VP at OpenSea

"It's not as clear the work that women in the space are doing," Kelly DiGregorio, the incoming VP, told Fortune.

StockNews.com

3 Consumer Financial Service Stocks Showing Good Growth Potential

In addition to this month’s rate hike, technological advancements are expected to further bolster the consumer financial services sector. Hence, it could be wise to invest in quality stocks, Mastercard (MA), PayPal (PYPL), and AssetMark Financial (AMK), which exhibit solid growth potential. Read on….

Kiplinger

Mastercard Blocks Debit Card Purchases of Cannabis on Its Network

The move is 'another nail in the coffin,' Reepher CEO says.

The Hindu

Explained | RBI’s proposal for interoperability of credit and debit cards

The Reserve Bank of India has proposed that card issuers be mandated to provide customers with the choice of multiple card networks, instead of only specific networks with which the bank has exclusive agreements

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