1801 results about this entity
Period: 26 Feb 2008 - 02 May 2024
News
MasterCard and Visa have come under more pressure over interchange fees after US senator Dick Durbin introduced a bill that would give retailers and merchants the power to negotiate to reduce charges for card transactions.
06 June 2008
MasterCard Worldwide has appointed Rob Reeg as president, global technology and operations (GTO).
22 May 2008
As the interchange debate heats up in the US, banks and credit card networks have seized upon a report by the Government Accountability Office (GAO) that claims a reduction in interchange fees would not necessarily benefit customers.
16 May 2008
MasterCard is teaming with Irish e-payments outfit Payzone to offer a Europe-wide point-of-sale re-load service for its pre-paid cards.
08 May 2008
MasterCard is teaming with Spanish banking groups La Caja Insular de Ahorros de Canarias and EURO 6000 to trial a miniature version of its contactless PayPass card, which is small enough to attach to a keyring.
22 April 2008
The economic slowdown has prompted hard-up Brits to shy away from plastic in favour of notes and coins to pay for purchases on the high street, according to new trading figures released by the British Retail Consortium (BRC).
21 April 2008
Norwegian banking group DnB Nor and local telco Telenor have disclosed plans to establish a mobile payments venture.
A group of major French and German banks are looking to establish a pan-European card network that will compete with schemes operated by Visa and MasterCard in the region, according to press reports.
16 April 2008
The Royal Bank of Scotland (RBS) is using MasterCard's new inControl processing platform as the basis of a corporate payments system which enables business customers to set strict parameters on spending on corporate cards.
15 April 2008
Security experts are warning of a new phishing scam in which fraudsters are targeting MasterCard customers with false promises of discounts on future purchases.
10 April 2008
US retailer TJX has agreed to pay up to $24 million in a settlement with MasterCard following the massive security breach at its operations that resulted in the theft of millions of credit and debit card numbers.
03 April 2008
US bank Washington Mutual (WaMu) says it will issue up to 15 million debit cards featuring MasterCard's PayPass contactless technology to customers in 2008.
01 April 2008
The European Commission (EC) has launched a formal investigation into the interchange fees charged by Visa for cross-border card transactions.
26 March 2008
Fast food joint EAT has become the first retailer in the UK to introduce a fully integrated contactless payment system at the point-of-sale.
Shares in US card network Visa jumped more than 35% in their market debut on the New York Stock Exchange (Nyse), with the stock - which was priced at $44 per share - opening at $59.50.
19 March 2008
MasterCard has praised the decision of a US appeals court to dismiss an interchange fee lawsuit brought by a group of merchants, saying the ruling reaffirms the "legality" of the current fee structure.
14 March 2008
Manchester City football supporters are taking part in a contactless payments pilot that will see their standard season tickets replaced with MasterCard's reloadable pre-paid PayPass cards.
10 March 2008
New legislation that would enable merchants to negotiate the interchange fees charged on card transactions by Visa and MasterCard is being introduced by the US House Judiciary Committee.
07 March 2008
MasterCard has lodged an appeal against the European Commission's ruling that the non-negotiable interchange fees it charges for cross-border card transactions violate rules on restrictive business practices.
03 March 2008
Travelex is teaming with MasterCard and West Suburban Bank to launch a pre-paid foreign currency card aimed at US customers travelling to Europe.
29 February 2008
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