Mastercard

Latest Mastercard Items
  • Google launches trial of tap-to-pay phone system

    Google Inc. launched its bid to dominate a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.


  • President Obama gives credit to two Democrats, Sen. Christopher J. Dodd, and Rep. Barney Frank (hand raised), after signing the Wall Street Reform and Consumer Protection Act on Wednesday. The two lawmakers chair key finance committees. At left is House Speaker Nancy Pelosi. (Associated Press)

    EPSTEIN: Government price controls on your wallet

    Last week, the Federal Reserve Board delivered a hammer blow to the entire debit card industry. Pursuant to its congressional marching orders under the so-called Durbin Amendment to the Dodd-Frank Act, the Fed was charged with setting the interchange fees that Visa and MasterCard charge merchants to cover their own expenses and those of the banks that issue debit cards to consumers. The Fed then exercised its new-found administrative mandate by slashing those fees by perhaps 90 percent, producing an immediate sell-off in the stocks of the two payment networks, Visa and MasterCard.


  • WikiLeaks cyberbrawl is battle of amateurs

    The Internet drama precipitated by WikiLeaks' release of classified U.S. diplomatic cables has been called the first "global cyberwar." But at closer look it's really more of an amateur brawl.


  • WikiLeaks' payment processor to sue card companies

    WikiLeaks' payment processor said Thursday that it was preparing to sue credit card companies Visa and MasterCard over their refusal to process donations to the secret-spilling website.


  • Claes Borgstrom, the lawyer for the two women who claim to have been sexually assaulted by WikiLeaks founder Julian Assange in Sweden in August, talks to media at his office in Stockholm on Wednesday, Dec. 8, 2010. Mr. Borgstrom, whose office is under police protection, denied that the case had anything to do with WikiLeaks or the current U.S. interest in Mr. Assange. (AP Photo/Anders Wiklund)

    Hackers strike at MasterCard to support WikiLeaks

    Hackers rushed to the defense of WikiLeaks on Wednesday, launching attacks on MasterCard, Swedish prosecutors, a Swiss bank and others who have acted against the site and its jailed founder, Julian Assange.


  • This screen shot shows the home page of Mastercard.com. Mastercard is having severe technical problems Wednesday, Dec. 8, 2010, possibly a target by supporters of WikiLeaks founder Julian Assange. (AP Photo/Mastercard.com)

    Hackers strike at MasterCard to support WikiLeaks

    Hackers rushed to the defense of WikiLeaks on Wednesday, launching attacks on MasterCard, Visa, Swedish prosecutors, a Swiss bank, Sarah Palin and others who have acted against the site and its jailed founder Julian Assange.


  • ** FILE **

    Justice sues 3 big credit card firms, may settle with 2

    The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa.


  • "We will not tolerate anti-competitive practices," Attorney General Eric H. Holder Jr. said Monday. (Associated Press)

    Justice settles suit with Visa, MasterCard

    A two-year Justice Department investigation has ended in a settlement with two of the largest U.S. credit card companies and, according to Attorney General Eric H. Holder Jr., a bonus for consumers who might find a little extra money in their pockets.


  • Conyers' wallets

    Americans avail themselves of an abundance of credit, debit and prepay card products.That's what choice is all about. But changes are in the wind on Capitol Hill.


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