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.

Few investors will have heard of Earthport Plc. But the company has just become the target in a bidding war between Mastercard Inc. and Visa Inc.

Florida’s Tropicana Field has eliminated cash from all concessions, ticket sales and parking, requiring Tampa Bay’s baseball fans to pay with credit, debit or gift cards at terminals that are also equipped with NFC for mobile and contactless payments.

Discover leaned heavily on rewards to drive new card acquisitions and sales growth in the fourth quarter, but suffered a double whammy of rising reward costs and higher charge-offs, causing it to miss analyst earnings expectations.

Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations.

Delinquencies, which are on the rise across financial services, clouded an otherwise solid quarter for Discover Financial Services.

In selling its Walmart credit card portfolio to Capital One and extending a partnership with Sam’s Club that appeared to be in peril, Synchrony Financial avoids an expensive legal battle with the world’s largest retailer.

Advent International Capital has bought a majority stake in the Argentine operator of Visa for about $725 million from a group of local banks.

Americans 50 and older make up a sizable portion of the U.S. population — 115 million individuals in 2018. While these consumers may not be the first to use mobile P2P apps, they represent a big payment opportunity because of their economic purchasing power.

A 2017 agreement with Marriott International that kept the hotel chain's card portfolio with American Express and JPMorgan Chase will take a brand marketing turn in February, but leave both issuers as partners.