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MasterCard

Welcome to the News View for "MasterCard".

Here, on these archive pages, you'll find all of the articles on Payments News for MasterCard listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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June 19, 2013

Headline News from PaymentsNews.com - June 19, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 18, 2013

Headline News from PaymentsNews.com - June 18, 2013

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Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 12, 2013

Headline News from PaymentsNews.com - June 12, 2013

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Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 10, 2013

Headline News from PaymentsNews.com - June 10, 2013

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SEC Filings:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 06, 2013

Headline News from PaymentsNews.com - June 6, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

June 02, 2013

Headline News - June 2, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 29, 2013

Headline News - May 29, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 28, 2013

NRF Files Brief Asking for Rejection of Settlement re: Credit Card Interchange Fees

NRF logo 140In a press release, the National Retail Federation and number of retailers have announced that they have "asked a federal judge to reject a proposed settlement of an antitrust lawsuit over credit card swipe fees that drive up prices for consumers by $30 billion a year, calling the proposal a “surrender” that does nothing to address the “evil” of price fixing by Visa, MasterCard and their banks."

“This is an empty settlement,” NRF Senior Vice President and General Counsel Mallory Duncan said. “It fails to address the price fixing that harms merchants and their customers, it takes away retailers’ legal rights to ever try again, and it offers virtually nothing in return. It should be tossed out of court as the failure that it is.”
The NRF and the retailers who supported the brief say they have opted out of money offered under the settlement because of accompanying restrictions on future legal action. A copy of the brief filed with the court can be downloaded here.

May 24, 2013

Headline News - May 24, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 23, 2013

Headline News - May 23, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 21, 2013

Headline News - May 21, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 17, 2013

Headline News - May 17, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

May 16, 2013

MasterCard Expands MasterPass Merchant Acceptance

MasterCard logo 140pxOver on MasterCard's Cashless Conversations blog, Ken Moy writes about the recent additions of BK Delivers, LivingSocial and Rakuten.com to the list of merchants now accepting MasterPass. He continues:

We see MasterPass as the future of digital payments — allowing you to shop and make a payment on your phone, tablet, PC or in a store with one simple experience. This future is a reality now with MasterPass live in Australia, Canada and the U.S."
MasterPass was announced by MasterCard last February.

May 08, 2013

Headline News - May 8, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 29, 2013

Headline News - April 29, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 24, 2013

Headline News - April 24, 2013

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Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 17, 2013

China CITIC Bank, MasterCard to Cooperate on Virtual Payments

MasterCard logo 140pxMasterCard has announced that it has signed a Memorandum of Understanding (MOU) with China CITIC Bank for "strategic cooperation in the virtual payments space within and outside China. The two parties aim to jointly develop and promote innovative products and services including Quick Response” (QR) code services, and collaborate to provide a safe and efficient payment experience for domestic and overseas cardholders and merchants."

This collaboration with MasterCard, a technology company in the global payments industry, will build a solid foundation for China CITIC Bank to become China’s global bank card, expanding its footprint worldwide, driving cross-border settlements and improving the cardholder shopping experience outside of China.

April 12, 2013

Headline News - April 12, 2013

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On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

April 09, 2013

MasterCard Faces EU Antitrust Probe Into Payment-Card Fees

MasterCard logo 140pxMedia outlets are reporting that MasterCard is the focus of a European Commission antitrust probe into how the company sets cross-border interchange on foreign purchases in the European Economic Area. For more information, see related stories from The Wall Street Journal, Bloomberg, and The New York Times.

April 08, 2013

March 29, 2013

March 25, 2013

February 28, 2013

February 27, 2013

February 25, 2013

February 04, 2013

February 01, 2013

MasterCard Announces 4Q2012 Financial Results

MasterCard logo 140px MasterCard has announced financial results for the fourth quarter 2012.

  • Net revenue for the fourth quarter of 2012 was $1.9 billion, a 10% increase versus the same period in 2011. Adjusted for currency, net revenue increased 12%.

  • Worldwide purchase volume during the quarter was up 13% on a local currency basis versus the fourth quarter of 2011, to $727 billion. As of December 31, 2012, the company’s customers had issued 1.9 billion MasterCard and Maestro-branded cards.

  • Cross-border volume was up 17.0%.

Press release, supplemental operating results, and an accompanying investor presentation are available on the MasterCard website.

January 15, 2013

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