1452 results about this entity
Period: 26 Feb 2008 - 30 May 2024
News
The demise of cheques in Western Europe is set to accelerate over the next few years, with around 60% of retailers no longer accepting them by 2015 as electronic cards and mobile payments gain in popularity, according to research commissioned by Visa.
18 April 2008
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
A Visa card that combines pre-pay functionality with government-approved proof-of-age verification has been launched in the UK.
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
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
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
Chip and PIN security is under the spotlight again after researchers at Cambridge University demonstrated that unencrypted card details can be stolen by "tapping" PIN entry devices (PEDs).
27 February 2008
Fresh concerns have been raised over the security of radio frequency identification (RFID) technology used for contactless payments after a hacking demonstration by security expert Adam Laurie at the Black Hat 2008 conference.
26 February 2008
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