Mastercard

In a move to strengthen the open banking hub it created last summer in the wake of Europe's PSD2 legislation, Mastercard will work with platform provider Token.io Ltd to serve European customers.

Martina Hund-Mejean will retire after more than a decade serving as chief financial officer at Mastercard.

Technology companies have pushed machine learning as a way to combat a fraud threat that's increasing in size and sophistication, and there are signs emerging security innovation is making a difference.

Mastercard has dropped its name in many brand references but it’s adding a customized sound, which consumers may begin to hear soon as they pay in stores and through voice assistants.

Paul Stoddart, CEO of Vocalink, has been named president of new payment platforms for Mastercard, starting March 1.

Technology startups using the Brex credit card for business expenses will soon migrate to the World Elite Mastercard for Business.

The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.

Mastercard is making another run at getting a license to operate in China, though China's changing regulatory posture has created skepticism about its willingness to open its market.

The European Commission has fined Mastercard 570 million Euros, or about $648 million, over card network rules that prevented merchants from shopping for better terms at other banks in the EU.

Mastercard is cracking down on merchants who bill consumers for unwanted subscriptions when a free trial offer ends — but by limiting the rule to physical goods, it's leaving a lot of potential consumer goodwill on the table.