April 16, 2015

Target Corp. has entered into a settlement agreement with MasterCard International Inc.to resolve losses from the data breach that Target experienced during the fourth quarter of 2013. 

April 15, 2015

Target Corp. is reportedly nearing a $20 million settlement with MasterCard to cover costs related to the retailer’s 2013 data breach.

April 10, 2015

General Electric Company on Friday announced it will sell or spin off the majority of its $500 billion GE Capital finance business over the next two years as it looks to simplify and concentrate on its industrial roots. The company said it will keep its aircraft leasing operation and smaller lending lines.

April 6, 2015

The Food Marketing Institute (FMI) is reportedly asking major credit card companies to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard.

March 18, 2015

American Express is preparing to launch a customer loyalty program in the U.S. that will enable shoppers at select retailers to rack up points that they can use toward future purchases at Macy's, Exxon Mobil, AT&T and other participating companies.

March 4, 2015

Blackhawk Network Inc., a prepaid and payments network, has expanded its digital services platform.

March 2, 2015

Costco Wholesale Corp. has entered into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa.

February 12, 2015

In a big loss for American Express, Costco Wholesale Club will no longer accept American Express cards at its U.S. stores starting on March 31, 2016, ending a 16-year-old exclusive relationship with the credit card giant.

January 27, 2015

Stockholm, Sweden-based EPiServer and Nashua, New Hampshire-based Ektron have merged to create a new global digital experience provider of scale.

January 12, 2015

Survey results released by Boston Retail Partners found that the top IT priority for retailers in 2015 is focused on improving payment security, and protecting the confidentiality of sensitive information.

January 7, 2015

Consumers who may need some time to decide if they want to keep a purchase should consider applying for a Discover card.

January 6, 2015

Gamers whose friends and family mistakenly gave them holiday gift cards for retailers that do not sell video games have a new option.

December 30, 2014

 

One of the more innovative real estate tech products to emerge in recent years is Property Payments, a collaboration between MasterCard and International Bancard. CSA talked with David Iafrate, CEO, International Bancard, about the new product and what it will deliver to the industry.

December 29, 2014

Retail sales in the United States increased 5.5% from the day after Thanksgiving through Christmas Eve, fueled by demand for women's apparel, jewelry and dining out, according to MasterCard Advisors.

December 17, 2014

Starbucks Corp. anticipates record purchases of Starbucks gift cards on Dec. 24, citing the trend for customers to push their gift card purchases later and later. 

December 16, 2014

The top holiday purchase items this year range from the less personal to the very personal. 

December 11, 2014

A decline in the price of gasoline may be leading to a larger haul for many many people on Christmas morning. 

December 4, 2014

Pacific Sunwear of California Inc. reported a $469,000 net loss in the third quarter of fiscal 2014, compared to net earnings of $17.7 million the same period the prior year.

November 20, 2014

Seven in 10 (71%) consumers intend to purchase at least one gift card  from an online website or mobile website/app during the upcoming holiday season, while 74% will buy at least one digital gift card. 

November 19, 2014

BJ's Wholesale Club’s Mastercard program ups the ante in the wholesale club credit card category. The new My BJ's Perks MasterCard will offer members 10 cents off per gallon of BJ's gas, up to 5% back on purchases in-club and at BJs.com, 2% back on eating out and non-BJ's gas purchases, and 1% back on purchases made everywhere else MasterCard is accepted. 

November 13, 2014

During the 2014 holiday season, spending on tiny plastic or digital gift cards will top all previous records.

November 5, 2014

Six in 10 (59%) gift cards are now offered electronically, up 18 percentage points from 2010. According to a new Bankrate.com study, part of the reason may be that Millennials are more than twice as likely to lose traditional plastic gift cards than older adults.

November 3, 2014

 A man and a woman have been charged with making more than $3 million in fraudulent charges on Home Depot Canada credit cards between 2011 and 2014.

October 31, 2014

Big & tall men's apparel retailer Destination XL Group announced that it has increased its existing asset-based revolving line of credit with Bank of America, N.A. by $25 million to $125 million.