- Obama not worried about Ebola at upcoming African summit in D.C.
- Obama: ‘We tortured some folks’ after 9/11
- Obama administration asked whole D.C. Circuit to take on major Obamacare case
- Mark Levin: Topple GOP leadership or country will ‘unravel’
- Massachusetts to let police chief deny gun buys to those deemed unfit
- John Kerry condemns attack on Israeli soldiers, kidnapping
- U.S. starts to evacuate American Ebola patients from West Africa: Report
- Geraldo slammed as ‘dummy’ for backing Clinton’s bin Laden claim
- Israeli spokesman: No need to debate who broke the cease-fire
- 35 Palestinians killed; Israeli officer missing
Latest Mastercard Items
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.
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.
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 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.
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.
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.
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.
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.
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.