Mastercard Inc. became the latest payment-technology company to highlight strong spending as it topped expectations with its latest earnings numbers. “We’re seeing the consumer across the board show really good Read more
Tag: Mastercard
Visa, Mastercard facing FTC probe over debit-card competition on online payments
The Federal Trade Commission is investigating whether Visa Inc. and Mastercard Inc.’s security tokens restrict debit-card routing competition on online payments, according to people familiar with the matter. The FTC Read more
Bill targeting Visa and Mastercard is ‘still alive,’ but latest path ‘feels like a desperation move’
A bill that lawmakers say will create more competition in the credit-card business and pressure industry fees “is still unlikely to pass in any form, but it’s still alive,” according Read more
Visa stock snaps record losing streak, but economic concerns linger
Shares of Visa Inc. and Mastercard Inc. gained Wednesday, snapping losing streaks that lasted roughly two weeks amid building macroeconomic concerns. Visa’s V, +0.74% stock had fallen for 11 straight Read more
What possible credit-card legislation could mean for Visa, Mastercard — and you
Credit-card companies look to be under a political microscope once again as the Wall Street Journal reported Wednesday that senators are working on a new bill that would target Visa Read more
Mastercard earnings top expectations amid ‘robust’ spending
Mastercard Inc. became the latest payments company to signal upbeat spending trends as the card giant posted a sizable earnings beat and said it had yet to see notable impacts Read more