Tag: MasterCard
US/EU: Mastercard to buy part of payments company Nets for $3.19B
In its biggest acquisition to date, Mastercard will buy Nets for €2.85 billion (US$3.19 billion). With the purchase of the Denmark-based payments platform, Mastercard...
US: Mastercard, Samsung team up
Mastercard announced Tuesday, May 21, that it is collaborating with Samsung to research and develop ways for people to verify their digital identity on...
EU: Regulator accepts Visa and Mastercard offer to end antitrust probe
The European Union has accepted an offer by Visa and Mastercard to cut fees on payments made by tourists using cards issued outside the...
US: Mastercard acquires Vyze
Mastercard has acquired Vyze, a technology platform for point-of-sale payment options, designed to provide flexibility and convenience through financing options.
Simon Vincent, Head of Product...
UK: Ex-financial ombudsman Walter Merricks on why he took on MasterCard
Walter Merricks decided to take on the biggest class action in British history, believing millions of consumers had paid higher prices in shops for...
UK: Appeals court puts Mastercard in huge class-action
Mastercard faces the possibility of a £14 billion (US$18.2 billion) lawsuit after the Court of Appeal in London made a surprise ruling. And nearly...
US: Mastercard buys Transfast
Mastercard disclosed on Friday, March 8, that it will acquire global cross-border money transfer company Transfast, which works with both P2P (peer-to-peer) and B2B...
US: Visa, Mastercard, banks settle card fee suit
In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have...
US: Visa, Mastercard consider increasing fees for processing transactions
Visa and Mastercard are preparing to raise certain fees levied on US merchants for processing transactions from this April, the Wall Street Journal reported...
China: Visa, Mastercard still locked out
Both Visa and Mastercard posted solid fourth quarter earnings and outperformed analyst estimates, yet the companies are still waiting for approval to do business...
