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The Latest Breaking News from Mastercard

New India-born World Bank chief: Real change or rebranding?

The incoming president of the World Bank was born in India and had his early success in business there

The Independent UK

Visa Is Stock Of The Day: Unfazed By Banking Crisis, Payments Giant Nears Buy Point

IBD Stock Of The Day: Visa is benefiting from cross-border payments and solid overall transaction growth.

Investors Business Daily

Inside the struggles of Summit Powder Mountain and its ill-fated tech utopia

It was designed to be a haven for techies and billionaires. Instead, ten years on, it’s a “9,000-foot monument to the hubris of Silicon Valley’s big ideas.”

Fortune

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Saudi Fintech Sector Sees Unprecedented Growth

A report by the Washington-based Saudi-American Business Council pointed to an “unprecedented” growth in the field of startup investments. Saudi Arabia has one of the most developed financial services sectors in the Middle East and North Africa region. The report indicated that during August 2022, the Kingdom witnessed a 79…

Asharq Al-Awsat

How Apple Pay Later Will Pressure PayPal, Cash App And Affirm

Apple's launch of buy now, pay later offerings didn't move AAPL stock much, but investors in PayPal, Square and Affirm took notice.

Investors Business Daily

Biden pick Ajay Banga cleared to take top job at World Bank

The Biden administration’s choice to run the World Bank — former Mastercard CEO Ajay Banga — appears to have a lock on the job

The Independent UK

Can this former CEO fix the World Bank and solve the world's climate finance and debt crises as the institution's next president?

Over the past two years, a drumbeat of calls for reforming the World Bank has pushed its way onto the front pages of major newspapers and the agenda of heads of state.

The Conversation

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Apple rolls out buy now, pay later service, with guardrails

Apple is getting into the buy now, pay later space with a few tweaks to the existing model, including no option to pay with a credit card

The Independent UK

Dow Jones Up As 3 Warren Buffett Stocks Eye Buy Points; Coinbase Dives As Bitcoin Falls On This

The Dow Jones gained as the bank crisis eased. A trio of Warren Buffett stocks are near buy points. Bitcoin tumbled while Apple stock rose.

Investors Business Daily

Caught in the FTX storm: how a crypto high-flyer fell to Earth

The Maps payments app run by British-educated cryptocurrency tycoon Alex Grebnev, who was backed by Sam Bankman-Fried, has lost its Mastercard partnership amid a row over Russian users

The Guardian - UK

Asda shopper furious after £99 blocked from her account when she bought petrol

The idea of the pre-authorisation check at petrol pumps is that it blocks out money from your account - £99 at Asda, but at other supermarkets it is £120 - so the store knows you can afford to pay for your fuel

Daily Mirror

Mastercard Stock Option Trade: An Easy Way to Boost Your Trading Profits

Mastercard (MA) stock is sitting above the 200-day moving average and is rated a 40% Buy according to the Barchart Technical Opinion. The following trade will do well if the stock stays above 335 between now and April 6th.

Barchart

Stripe Terminal Review: Pros & Cons, Features, Ratings, Pricing and more

The Stripe Terminal enables businesses to accept payments from credit and debit cards with ease.

TechRadar

Bank Runs Leave Top Credit Card Stocks Unscathed; Funds Buy Visa And Mastercard

Mutual funds and ETFs are buying growth stocks Visa and Mastercard in the ongoing banking crisis. Both are building bases.

Investors Business Daily

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The Money Edit

Paying at the pump: why is my payment card pre-authorised for up to £120 when I fill up?

If you choose to ‘pay at the pump’ when filling up with fuel, your payment card could be pre-authorised for up to £120. We explain why this happens and what it means for motorists

Reuters

French minister to raise protection of minors with Pornhub's new owners

A French government minister will meet the new owners of the pornography website Pornhub to ensure minors are protected and that the site does not break any laws, he said on his Twitter account on Friday.

The Guardian - UK

Pornhub owner MindGeek sold to private equity firm

Buyer Ethical Capital Partners targets industries requiring ‘principled ethical leadership’

Wales Online

Drivers confused as petrol pumps freeze £120 in account no matter what you spend

The money never actually leaves your account

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news in one place.

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Manchester Evening News

Why £120 is being taken from drivers' accounts at petrol stations in Greater Manchester as customers outraged

It comes after drivers told the M.E.N they were 'absolutely fuming' about the new rule

The Guardian - US

‘The story is really complicated’: inside the controversial world of Pornhub

A Netflix documentary aims to show all sides of a politicized battle between protecting and destroying a long-running porn site and its many workers

Chronicle Live

Tesco shoppers 'gobsmacked' at policy that sees £120 taken from bank accounts at petrol station

Motorists were left 'absolutely fuming' after noticing the charge, which has been introduced at the forecourts in a bid to stop customers driving off without paying

Nottingham Post

Motorists angry with Tesco for taking 'crazy' amount from their bank accounts

£120 taken from driver who paid at pump, despite putting in only £15 of petrol

Daily Mirror

Tesco charges every driver £120 when they fill up for fuel - and motorists are furious

The new policy is being rolled out on Tesco forecourts across the UK due to the rising cost of fuel, and is intended to stop people driving off without paying for fuel

Daily Record

Tesco shoppers fuming over 'crazy' £120 bank charge at petrol stations in new rule

The move, which has angered customers, is part of a new policy implemented all over the UK.

Manchester Evening News

Anger after Tesco takes 'crazy' amount from customers' bank accounts in new UK policy

Tesco is taking the money from customers' bank accounts in a new policy at UK forecourts

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