The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
MasterCard
A federal judge rejected a $30 billion settlement intended to cap the fees Visa and Mastercard charge merchants for credit and debit card transactions.
A federal judge in Brooklyn indicated that she will likely reject the $30 billion settlement between Visa, Mastercard, and retailers aimed at capping credit card swipe fees.
Mastercard will ditch manual card entry in Europe by 2030, replacing traditional card numbers with secure tokens for easier and safer online payments.
Visa and Mastercard face new lawsuits over fees charged to retailers, adding to their existing legal battles over high multilateral interchange fees.
Mastercard has revealed its plan to employ AI to determine if a credit or debit card number has been compromised.
Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.
Fintech company Coin has bounced back from its near failure and partner Visa and MasterCard in providing integrated payment service. Meanwhile regulators are preparing set of regulation for fintech innovation.
It will be a different experience for consumers and golf fans alike as they take part in the Arnold Palmer Invitational PGA Tour event. MasterCard has teamed up with Wearality that develops VR glasses and other wearables and with Callaway Golf Company to enable people to engross themselves in the virtual and augmented reality.
Experts said the new chip-enabled or EMV credit and debit cards can help reducing fraud. However, incomplete adoption of chip cards and readers will make consumers and merchants vulnerable.
Korean biggest technology company, Samsung today announces that its Samsung Pay service is now accepting credit and debit card from Chase Banks. The new announcement set its service in par with other rivals such as Apple Pay and Android Pay.
Numerous miles and points blogs would always mention the benefits of gift cards with some regularity. Moreover, most of travelers want to use gift earning credit cards so that they can earn miles and points for purchases.
MasterCard announces to go global with its well-known hackathon event 'Masters of Code'. The company is expanding the event to multiple cities in the search for best coders.
U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.
Facebook Inc said it is adding a new feature to its messaging app that allows friends to send and receive money through it. Users can tap or click a dollar icon in a new chat window to send money to their friends, after they link a Visa
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