Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced their agreement to settle the case during a Tuesday (Dec. 3) hearing before the U.K.’s Competition Appeal Tribunal (CAT), Reuters reported Tuesday....
The holiday-shortened trading week produced a modest gain for the CE 100 Index, which was 1.3% higher. All pillars save one were in the green, with the “Be Well” segment up 3%. Teledoc shares led that group higher and were up by 12%. The company...
If you shopped on Black Friday this year, chances are you did so from home. Online retail sales this year jumped 14.6% on Friday (Nov. 29), while in-store sales saw a more muted increase of 0.7%, according to Mastercard SpendingPulse data. “Over the last several...
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim. However, with one of President-elect Donald Trump’s businesses, Trump Media & Technology (TMTG), reportedly eyeing getting into...
December 04, 2024
Digital commerce is growing at a staggering pace. Online transactions have more than doubled over the past four years, placing a new urgency on ensuring seamless checkouts. For businesses, checkout is where revenue is won or lost. For customers, it’s where experience defines loyalty. Yet checkout remains a hotspot for friction, abandoned carts and dissatisfied […]
December 02, 2024
The holiday-shortened trading week produced a modest gain for the CE 100 Index, which was 1.3% higher. All pillars save one were in the green, with the “Be Well” segment...
November 29, 2024
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim. However, with...
November 15, 2024
Card declines impact both merchants and consumers. And from expired cards to lost accounts, there’s no reason for merchants to risk losing sales due to something as mundane as a...
December 03, 2024
Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced their agreement to settle the case during a Tuesday (Dec. 3) hearing before the U.K.’s Competition Appeal Tribunal (CAT), Reuters reported Tuesday. The settlement is subject to approval by the CAT, according […]
December 01, 2024
If you shopped on Black Friday this year, chances are you did so from home. Online retail sales this year jumped 14.6% on Friday (Nov. 29), while in-store sales saw...
November 27, 2024
Worldpay introduced what it called a “first-of-its-kind service” capable of delivering near-instant refunds. The refunds — the speed of which depends on the receiving financial institution — are designed to...
November 26, 2024
The Mastercard Foundation has reportedly established itself as a major institutional investor following a private equity deal. As Bloomberg News reported Tuesday (Nov. 26), the foundation has for years been one of the most...
