UK regulator launches card fee reviews focusing on Mastercard, Visa
The reviews focus on Mastercard and Visa as these two card payment system operators account for 99% of debit and credit card payments in the UK.
Mastercard News
ACCC takes action against Mastercard for alleged misuse of market power over card payments
The ACCC is suing Mastercard for allegedly engaging in conduct that substantially lessens competition in the supply of debit card acceptance services.
Russian c-bank issues statement on Visa and Mastercard cards
Central Bank of Russia
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Visa and Mastercard cards issued by Russian banks continue to work in Russia, the central bank said.
US payment giants Visa, Mastercard and PayPal suspend Russia operations
NASDAQ:PYPL, NYSE:MA, NYSE:V, Russia payments, Russia sanctions
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Each of Visa (NYSE:V), Mastercard (NYSE:MA) and PayPal (NASDAQ:PYPL) are based in the US and trade on US stock exchanges.
UK PSR fines five cos more than £33M for cartel behaviour in prepaid cards market
The PSR has imposed fines against Mastercard, allpay, Advanced Payment Solutions (APS), Prepaid Financial Services (PFS) and Sulion.
UK Treasury Committee examines increasing cost of card payments for businesses
The Treasury Committee publishes correspondence on the increasing cost of card payment services for businesses in the UK.
Mastercard acquires Arcus FI
Arcus’ full-stack platform improves speed and access to Mexico’s financial services ecosystem and is a gateway into Latin American markets.
Mastercard unveils Buy Now, Pay Later program
Mastercard today unveiled Mastercard Installments, a unique and innovative Buy Now, Pay Later (BNPL) program.
Mastercard acquires cryptocurrency intelligence company CipherTrace
Mastercard (NYSE:MA) will extend its capabilities into the field of digital assets with an agreement to acquire CipherTrace.
Mastercard acquires open banking tech provider Aiia
Mastercard has entered into an agreement to acquire Aiia, a leading European open banking technology provider.
