The Latest Breaking News from Mastercard

The limited-time agreement directly benefits merchants, which can potentially pass savings on to consumers.

Push back on Capital One's planned merger with Discover is growing with one group of consumer advocates calling for a public hearing.

Visa and Mastercard's agreement to lower swipe fees expected to modestly impact US banks, requiring adjustments but overall manageable.

Visa and Mastercard announced a major settlement with U.S. merchants, potentially ending years of litigation over the fees charged every time a credit or debit card is used in a store or restaurant.

The decades-long legal battle will see fees decrease by $30 billion over the next five years.

Merchants have long accused the payment networks of charging inflated ‘swipe fees’ when shoppers use their cards.

On paper, it sounded reasonable enough: Lola T97/30 chassis, Ford Zetec-R V8 engines and, most importantly, major corporate backing from Mastercard.

Visa and MasterCard settlement with U.S. merchants on swipe fees could lead to substantial savings for consumers.

The settlement will see Visa and Mastercard cap credit interchange fees until 2030, with the companies obligated to negotiate fees with merchant buying groups.

Expert says 'the top end of town' is making bank at our expense

The financial industry is undergoing rapid digital transformation and is poised to witness robust growth due to evolving customers’ preferences for digital banking, mobile payments, and personalized financial solutions. Thus, it could be ideal to add top financial stocks Visa (V) and Mastercard (MA) to your portfolio this month. Read…