Women's apparel, dining drive U.S. holiday sales: MasterCard

U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report.

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Foreign access to China's card clearing market next August: report

Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday.

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American Express quarterly profit rises as U.S. card holders spend more

American Express Co, the world's largest credit card issuer, reported an 8.1 percent rise in quarterly profit due to higher spending by U.S. customers using its credit cards and a rise in its net interest income.

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Russian mobile payments startup 2can lands $5M in Series B funding

Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.

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Pan-European accelerator Startupbootcamp opens fintech incubator in London

A fintech incubator has just been rolled out by pan-European accelerator Startupbootcamp in London. The FinTech bootcamp is backed by big names that include Lloyds, Rabobank and MasterCard, TechCrunch reported.

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UK buyout firm Apax mulls Travelex exit -sources

Private equity group Apax Partners is considering selling its stake in London-based foreign exchange firm Travelex in the form of a probable initial public offering (IPO), according to two sources.

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IBM acquires Fiberlink for mobile device management

New York-based International Business Machines (IBM) bought mobile security firm Fiberlink Communications for an undisclosed amount to amp up its poorly-rated mobile device management (MDM) solution.

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Visa and MasterCard ease EMV migration through tech licensing deal

Visa and MasterCard will ease EMV migration through tech licensing deal.

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WikiLeaks donations decline in past 2 years

WikiLeaks donations declined in the past 2 years.

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