MasterCard has made a series of changes to its executive slate, including the appointment of a chief information officer.

Central Bank of Kansas City in Missouri has agreed to issue prepaid cards for Cachet Financial Solutions in Minneapolis.

Buying stolen data is an effective way for banks to determine the source of a breach. But fraudsters are increasingly putting up roadblocks because such deals might make it tougher for them to break in next time.

The Consumer Financial Protection Bureau's implementation of the statute banning "abusive" conduct through enforcement action instead of rulemaking is not sustainable.

Florida overturned a ban on credit card surcharges on the grounds that it violates merchants' free speech. Some lawyers doubt that this unusual strategy has legs, but it has worked in a surprising number of courts.

MasterCard has appointed Craig Vosburg to president of North America markets.

JPMorgan Chase agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.

Visa's agreement to reunite with Visa Europe positions the global card brand to better address a world where payments and commerce have fewer borders.

The RushCard debacle should lead to consumer improvements, but it should not undercut the progress prepaid has made in helping consumers manage their finances.

Wells Fargo has eliminated foreign transaction fees for transactions made by small businesses made outside the U.S.