Mastercard

1813 results about this entity

Period: 26 Feb 2008 - 21 May 2024

MasterCard and Accor Services set up pre-pay joint venture company

MasterCard and Accor Services have set up a new joint venture company to target the fast-growing European pre-paid market.

American Express acquires EMVCo stake

American Express has joined MasterCard, Visa and JCB as an owner-member of EMVCo, the standards body set up to manage and maintain the global EMV specifications.

Visa Europe says close to EC deal on interchange fees

Visa Europe's CEO Peter Ayliffe says he expects to reach an agreement with the European Commission (EC) over interchange fees charged for cross-border card transactions by the end of the year.

MasterCard acquires Orbiscom

MasterCard has acquired Dublin-based card security company Orbiscom for a maximum consideration of $100 million.

Discover alleges Morgan Stanley had secret talks with Visa and MasterCard

In a lawsuit filed against Morgan Stanley, card scheme Discover claims that its former parent engaged in secret talks with its rivals, jeopardising its antitrust case against Visa and Mastercard and forcing it to agree to a lower $2.75 billion settlement than it might otherwise have been able to claim.

ING and MasterCard in Romanian m-payments trial

Dutch bank ING and MasterCard are to pilot a near field communications (NFC)-based mobile payments system in Romania, enabling customers to use their handsets to pay for low value purchases.

MasterCard signs first Asian bank to MoneySend remittance programme

DBS Bank in Singapore has become the first Asian bank to sign up for the Mastercard MoneySend remittance programme.

Visa to trial contactless transit payments in LA

Visa is working with transport authorities in Los Angeles on a contactless payments trial that will enable customers to pay for journeys on the city's trains, subway and buses by tapping their cards against specially equipped terminals.

MasterCard eases PayPass provisioning for mobile phones

MasterCard has launched a facility for banks to install PayPass contactless payments functionality onto customers' mobile phones over the air.

Discover and Morgan Stanley in dispute over settlement agreement

After reaching a $2.75 billion settlement with Visa and MasterCard, Discover Financial Services says it is in "dispute" with Morgan Stanley over the proportion of the money it should hand over to its former owner.

MasterCard and RBS to pilot contactless transit payments in Liverpool

MasterCard is teaming with the Royal Bank of Scotland (RBS) and Stagecoach to trial a combined contactless bank and transit card in the UK city of Liverpool.

Visa and MasterCard settle Discover lawsuit

Discover Financial Services has settled a long running anti-trust lawsuit that accused rivals MasterCard and Visa of blocking access to the bank-issued card market in the US.

Citi and Obopay roll out P2P m-payments service across US

Citi and Obopay have launched a US-wide person-to-person (P2P) mobile payments pilot for the bank's customers.

Fraudsters rigging Chip and PIN terminals to steal data - report

Hundreds of Chip and PIN terminals in shops and supermarkets across Europe have been rigged by criminals and used to steal shoppers' card details, according to US national counter-intelligence executive Joel Brenner.

Americans shun paper for e-payments - survey

Nearly two thirds of all US consumer payments are now made electronically as Americans increasingly turn away from cash and cheques, according to research from BAI and Hitachi Consulting.

Apacs talks up take-up of online card security schemes

Cardholder take-up of the MasterCard SecureCode and Verified by Visa online authentication services has increased by 600% over the past two years, according to stats from UK payments group Apacs.

UAE banks hit by surge in ATM fraud

Banks across the United Arab Emirates (UAE) are sending customers text messages urging them to change their PIN numbers following a surge in fraudulent ATM withdrawals made abroad.

Canada's Interac looks to go for-profit - report

Canada's national payments association Interac is in talks with the country's competition bureau over plans to become a for-profit organisation, according to local newspaper the Globe and Mail.

EC moves to kick start Sepa direct debit scheme

EU authorities have called on banks to push ahead with plans to introduce a pan-European direct debit payments system, even if interchange fees are initially charged for cross-border transactions.

MasterCard posts Q2 loss on American Express settlement

Shares in MasterCard slumped after the card network posted a $747 million loss for the second quarter due to a $1 billion charge relating to its antitrust settlement with American Express.