May 22, 2015

The proposed $19 million deal between Target Corp. and MasterCard stemming from the retailer's 2013 data breach has fallen apart after it failed to get the support of 90% of the banks affected by the breach

May 22, 2015

The proposed $19 million deal between Target Corp. and MasterCard stemming from the retailer's 2013 data breach has fallen apart after it failed to get the support of 90% of the banks affected by the breach

May 8, 2015

Despite some reservations, a federal judge is reportedly refusing to block a proposed settlement between Target Corp. and MasterCard related to the retailer’s 2013 data breach.

May 8, 2015

Despite some reservations, a federal judge is reportedly refusing to block a proposed settlement between Target Corp. and MasterCard related to the retailer’s 2013 data breach.

April 30, 2015

The upcoming Oct. 1, 2015, mandate for U.S. retailers to adopt POS systems that can securely accept and process transactions using EMV (Europay, MasterCard, Visa)-compliant, chip-based payment cards is fast approaching. Retailers that are not in compliance with the mandate after that date will be held liable for any fraudulent transaction committed with a chip-based card. However, retailers that have not completed — or started — their compliance efforts should not necessarily panic.

April 30, 2015

The upcoming Oct. 1, 2015, mandate for U.S. retailers to adopt POS systems that can securely accept and process transactions using EMV (Europay, MasterCard, Visa)-compliant, chip-based payment cards is fast approaching. Retailers that are not in compliance with the mandate after that date will be held liable for any fraudulent transaction committed with a chip-based card. However, retailers that have not completed — or started — their compliance efforts should not necessarily panic.

April 28, 2015

MasterCard will acquire cloud-based analytics provider Applied Predictive Technologies (APT) for $600 million.

April 28, 2015

MasterCard will acquire cloud-based analytics provider Applied Predictive Technologies (APT) for $600 million.

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 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 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.

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 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.

March 2, 2015

Samsung Electronics Co. added new fire to the mobile payment market and its competition with Apple, unveiling two new flagship Galaxy smartphones and a mobile payments system in partnership with MasterCard.

March 2, 2015

Samsung Electronics Co. added new fire to the mobile payment market and its competition with Apple, unveiling two new flagship Galaxy smartphones and a mobile payments system in partnership with MasterCard.

January 21, 2015

With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide.

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.

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 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 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

Payments made via near field communications (NFC)-enabled mobile handsets will account for $130 billion in worldwide consumer retail spend by 2020, according to a study by Strategy Analytics. 

December 11, 2014

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