Mastercard

Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.

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.

The Chinese government is not formally considering Visa and Mastercard’s year-old application to process payments inside China, another signal of China’s almost constantly changing regulatory posture toward the American card brands.

Global payments provider Paysafe Group has appointed Mastercard vice chairman Walt Macnee as an independent, nonexecutive director.

In many ways, the declaration of the end of the merchants' swipe fee case against the major card brands last September with a $6.2 billion settlement is not unlike previous efforts to settle the case — in that it won't truly end the antagonism between merchants and the card brands.

Mastercard is counting on its logo to do the talking. It plans to drop its name from the Mastercard symbol in some physical and digital marketing and advertising situations.

Mastercard has named Donald Chesnut as the company’s chief experience officer to help drive a clear and consistent experience for Mastercard’s various audiences.

Mastercard has entered a partnership with Sri Lanka telecommunications and mobile network operator Dialog Axiata PLC to support mobile payments on Dialog devices.

Former McKinsey & Company associate partner Liz Oakes has been named Mastercard's executive vice president of market development for the New Payments Platforms division.

Established as a transit-fare and small-value payment card in Hong Kong nearly 20 years ago, the Octopus Card is making a transition to a virtual prepaid card for online shopping.

Working with technology developer Next Retail Concepts, Mastercard has connected to a virtual version of Los Angeles boutique retailer Fred Segal, where users may virtually pick merchandise on the shelves of the iconic store in West Hollywood, explore it from various angles, and make purchases with a discount for using Mastercard.