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MasterCard Inc


  • NEW YORK, June 24- A Turkish man has been extradited to the United States to face charges that he organized three cyberattacks that resulted in $55 million in losses to the global financial system, U.S. authorities announced on Wednesday. Findikoglu was expected to appear in a federal court in Brooklyn, New York, later on Wednesday after being extradited a day...

  • June 22- Green Dot Corp, a U.S. issuer of prepaid MasterCard and Visa cards, said it renewed an agreement which would keep it as the issuing bank for Wal-Mart Stores Inc's prepaid reloadable debit cards for five years. The renewed term started from May 1 and Green Dot Corp and Green Dot Bank would continue as program manager and issuing bank for Walmart MoneyCard.

  • SAN FRANCISCO— The tech industry has been saying for years that smartphones would make traditional wallets obsolete. That includes payments with Apple Pay, other services like PayPal and apps from merchants like Starbucks and Dunkin' Donuts. While that's a tiny slice of the $4.3 trillion spent in stores overall last year, eMarketer expects mobile payments...

  • NEW YORK, June 16- A federal appeals court on Tuesday rejected American Express Co's emergency request to halt an injunction that requires the company to let merchants steer customers toward lower-cost cards offered by competitors. The 2nd U.S. Circuit Court of Appeals in New York nonetheless said it will hear American Express' appeal in the underlying...

  • A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...

  • Most popular cities for tourists in 2015 Wednesday, 3 Jun 2015 | 4:00 AM ET
    Crowds of tourist gather outside Buckingham Palace, London.

    If you're looking to beat the crowds over the summer holidays, you may want to leave these cities off your travel itinerary.

  • Here's the best way to bet on rising rates Tuesday, 2 Jun 2015 | 1:55 PM ET

    Banks are expected to be the biggest beneficiaries of a potential rate hike. Here's the best way to play it.

  • Why hackers want your health-care data Wednesday, 27 May 2015 | 4:03 PM ET

    Swiped health care data gets 10 to 20 times the price of a stolen MasterCard account.

  • TORONTO, May 26- Toronto Dominion Bank said on Tuesday it will acquire Nordstrom's U.S. consumer credit card portfolio as the Canadian bank looks to use its strong balance sheet to expand its lending business in the United States. But under the terms, Nordstrom will receive a large slice of net revenue generated by the credit card accounts. Nordstrom's U.S. credit...

  • May 22- A proposed $19 million settlement between MasterCard Inc and Target Corp over the retailer's 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The lead lawyers for the banks had argued that the settlement with MasterCard, which was not a party to the lawsuit, was an attempt to undercut their...

  • Cramer: PayPal—Your favorite pal with benefits? Thursday, 21 May 2015 | 6:42 PM ET
    Signage for PayPal outside the company's offices in Dubin, Ireland.

    Jim Cramer prepares investors for eBay and PayPal's planned split. Could this spin-off put your portfolio in the friend zone?

  • Half a millennium later, that sum wouldn't buy a square foot of office space in New York City's trendiest real estate market, the area below 34th Street known as Midtown South. Fueled by an influx of workers from the Internet economy and a record 17 consecutive quarters of rising prices, the average cost per square foot of office space in Midtown South hit an...

  • Royal Caribbean taking China on a sea cruise Tuesday, 19 May 2015 | 8:35 AM ET
    Chinese tourists wave as their passenger ship 'Legend of The Seas' arrives in Taiwan's northern Keelung harbor.

    Here's the best research calls from top Wall Street firms Tuesday.

  • Early movers: HD, WMT, DKS, RCL, URBN & more Tuesday, 19 May 2015 | 8:02 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Disruptor 50: No. 46 Narrative Science Tuesday, 12 May 2015 | 7:00 AM ET
    Stuart Frankel, founder and CEO of Narrative Science

    This A.I. firm analyzes data and turns it into a narrative so companies can spend less time crunching numbers and more time with customers.

  • NEW YORK/ CHICAGO, May 8- A federal judge has rejected a bid from a group of banks and credit unions suing Target Corp over its 2013 data breach to block the company's proposed $19 million settlement with MasterCard Inc. District Judge Paul Magnuson in St. Paul, Minnesota, wrote in a ruling Thursday that the deal does not appear "altogether fair or reasonable" but he...

  • Lightning Round: Throwing the red flag on this! Friday, 1 May 2015 | 7:24 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • *Q2 EPS 63 cents/ shr vs est 62 cents. April 30- Visa Inc, the world's largest credit and debit card company, forecast profit below Wall Street expectations for the current quarter, hurt by continued pressure from lower crude prices and a strong dollar. The company forecast third-quarter earnings per share 6- 8 cents lower than analysts' expectations.

  • NEW YORK, April 30- Merchants unhappy with the fees American Express Co charges them may steer customers toward less expensive cards without fearing retaliation from the credit card company, a federal judge ruled on Thursday. Judge Nicholas Garaufis in Brooklyn federal court said American Express may not stop restaurants and stores, for instance, from...

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks traded lower as investors weighed a weaker-than-expected GDP report and earnings reports ahead of the Fed statement release.