Company
Mastercard Inc
NYSE:MA
Mastercard Inc is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The company allows users to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.
49 stories
Visa and Mastercard under fire for skyrocketing post-Brexit card fees
Cross-border business charges have increased nearly sixfold since Britain left the EU
Mastercard killer Volt raises £47mln in latest funding round
Volt is currently available in the UK, US and Brazil
Mastercard and Visa face multi-billion-pound claim for overcharging UK businesses
Mastercard and Visa are set to face a new lawsuit accusing them of setting transaction fees regardless of market conditions
Mastercard launches crypto risk-related service to identify and prevent fraud
Crypto Secure combines artificial intelligence, blockchain data and public records of transactions to establish crime-related risks of each exchange within the electronic payment processor’s network
Mastercard and Binance eye widespread adoption of crypto payment solution
After launching Binance Card in Argentina, the duo could be ready to roll out to more countries
Mastercard to face UK’s biggest ever class action trial
“Mastercard has thrown everything at trying to prevent this claim going forward, but today its efforts have failed," said former financial ombudsman Walters Merricks
Mastercard may face £14bn class action if UK court gives green light
The Competition Appeal Tribunal’s decision is expected this week
Bitcoin can replace dollar as international trade currency suggests Citigroup
'Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream'
Bitcoin just a sideshow says Wall St heavyweight JP Morgan
Bitcoin was trading at US$52,525 just shy of its record high of US$52,640 seen on Wednesday.
UK Supreme Court allows Mastercard case to proceed opening door to US-style collective litigation
If successful, the case could see consumers getting refunds of about £300 each.
Mastercard sees quarterly profit miss forecasts as coronavirus pandemic hits global travel and related spending
The NYSE-listed payments processor said its net income fell by 28% to $1.5 billion, or $1.51 per share, in the third quarter ended September 30, 2020
Archive
Lightweight-banking via messaging services are getting Gen Z buzz
They are not alone. Other players in the “banking services via a messaging” space include Kotak Mahindra Bank in India (on WhatsApp) and ICICI in WhatsApp (India). However, neither of these can do actual provisioning of the card and additio
NexTech CEO Evan Gappelberg calls Mastercard's new augmented reality credit card app 'ridiculously fun'
The app, coming to iPhones in the second quarter of 2020, creates a photorealistic 360-degree virtual environment that users will see as they scan their phones around them
Revolut inks deal with Mastercard, plans to launch prepaid cards in the US this year
Revoult will now be accepted in the 210 countries where Mastercard operates
Hardware & electrical equipment
Facebook unveils new Libra cryptocurrency
The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year
Bitcoin hits 12-month high as launch of Facebook cryptocurrency expected imminently
The social media giant is expected to launch its own cryptocurrency, known as Libra, on Tuesday
SafeCharge becomes latest payments processor to be snapped up as it accepts £700mln bid
Canada’s Nuvei has offered 436p for every SafeCharge share, which bosses have urged shareholders to accept
Watchdog waves through Earthport takeover by Visa
CMA said it had decided that the agreed acquisition “does not qualify for investigation”
Mastercard tops 3Q estimates as consumer spending climbs higher
Mastercard joins Visa in reporting a boost in third-quarter profits
CryptoCann™ Report: Alibaba holds top spot for blockchain patents; Cronos inks deal for lab-grown cannabis
Cronos is partnering with Boston-based biotech Gingko Bioworks to develop lab-grown cannabis
Daily CryptoCann™ Report: Peter Gabriel invests in blockchain start-up; a drive-through dispensary blends convenience and anonymity
Joint Rivers dispensary in Auburn, Washington, is offering a drive-through service to its cannabis customers
US benchmarks mixed at the close as IBM earnings dent Dow Jones
US indices closed mixed on Wednesday, The big story was IBM results, which came out on Tuesday and continued to weigh on the Dow Jones
Mastercard's fourth-quarter profit, revenue beat market expectations, excluding one-off charges
Excluding non-recurring items, such as a one-off charge for US tax changes, the NYSE-listed firm reported earnings per share of US$1.14, above consensus of US$1.12
MasterCard shrugs off concerns about slowing global growth
Consumers are still spending, despite concerns about the growth rate of the global economy
Wall Street pares earlier gains spurred by China rebound; Apple drops
Wall Street trimmed earlier strong gains in afternoon trading today after Wall Street found relief in Beijing's efforts to halt a selloff in Chinese stocks, which lifted markets around the world. The S&P 500 (INDEXSP:.INX) added 0.5 per
Wall Street set to bounce back as China stems stocks selloff; PepsiCo, Walgreens advance
U.S. stock-index futures inched higher today after Beijing's efforts to halt a rout in Chinese stocks finally bore fruit and the U.S. Federal Reserve signaled it might hold off on raising interest rates. Futures for the Dow Jones Industrial