Spotlight on Mastercard: Analyzing the Surge in Options Activity
Financial giants have made a conspicuous bearish move on Mastercard. Our analysis of options history for Mastercard (NYSE:MA) revealed 11 unusual trades.Delving into the details, we found 36% of trade
Visa, Mastercard Said to Extend Caps on Non-EU Card Fees by Five More Years
The European Commission announced that the Visa and Mastercard will extend the cap on transaction fees for another five years.
On July 5th, Guolonghui reported that the European Commission stated on Friday that Visa and Mastercard will extend the travel card fee cap reached with the European Union antitrust regulators five years ago until 2029. In 2019, the world's largest payment network operator, Visa and Mastercard, agreed to set a 0.2% fee cap on payments made with non-European Union debit cards in stores and a 0.3% fee cap on credit card payments in order to resolve the European Union's antitrust investigation and avoid hefty fines. The fee cap was originally set to end in November of this year.
Visa, Mastercard Extend Non-EU Swipe Fee Caps Until 2029
Visa (V) and Mastercard (MA) voluntarily agreed to extend maximum swipe fees on non-EU credit and debit card transactions in Europe until 2029, the European Union's main antitrust regulator said Frida
Mastercard, Visa to Continue Reduced Overseas Card Fees in EU Until 2029
Mastercard (M41.F) and Visa (3V64.F) will keep implementing the reduced fees on purchases made in the European Economic Area with consumer cards issued elsewhere until November 2029. The European Comm
Mastercard (MA), LuLu Group Enhance Retail Payment Innovation
Mastercard Incorporated (MA) recently collaborated with LuLu Group in a bid to enhance innovation and payment efficiency across multiple retail markets.
What To Do After Visa, Mastercard $30B Settlement Rejected
Scott Galit, Former Payoneer CEO, Joins Viola FinTech's Advisory Board
Galit will support the fund's mission to build global game-changing Fintech companies as well as foster relationships with the world's leading financial institutionsTEL AVIV, Israel, July 3, 2024 /PR
Visa, Mastercard Deal 'Unlikely To Be Materially Impacted' By A Revised Antitrust Settlement: Analyst
A federal judge's call for a revised settlement from Visa Inc. (NYSE:V) and Mastercard Incorporated (NYSE:MA) after tossing out their $30 billion antitrust settlement on June 25 should not have much o
Sector Update: Financial Stocks Higher in Afternoon Trading
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index up 0.1% and the Financial Select Sector SPDR Fund (XLF) ahead 0.3%. The Philadelphia Housing Index was fallin
Express News | International credit card discounts are steadily advancing, and transaction fees for foreign card transactions have significantly decreased.
Supreme Court Allows Swipe-Fee Challenge, Delivering Blow To Regulators
Supreme Court Allows Swipe-Fee Challenge, Delivering Blow To Regulators
Mastercard Hits 4-week Low
Express News | U.S. Supreme Court Revives Challenge to Debit Card 'swipe Fees' in Ruling That Could Open Federal Regulations to More Lawsuits
Visa and Mastercard Have a New Competitor: The Fed -- Barrons.com
Paul R. La Monica When it comes to the Federal Reserve, most investors care only about when the central bank plans to cut interest rates, and what Fed Chair Jerome Powell has to say about inflation.
Visa, Mastercard Can Handle Bigger Settlement, Judge Reportedly Says
Visa (V) and Mastercard (MA) can likely handle a "substantially" bigger settlement with merchants who said they overpaid on the credit card firms' swipe fees, a federal judge said Friday, according to
Could Capital One Become the Next Visa or Mastercard?
Express News | Several banks have followed suit and lowered their foreign transaction fees.
The Federal Reserve's new move: challenging the dominant position of visa and mastercard?
Several major banks have already queued to use the payment service of the Federal Reserve. Will this affect the dominant position of Visa and Mastercard in the market?
Visa and Mastercard Have a New Rival. It's the Fed.
Several big banks have lined up to use the Fed's payment service. Could that dent Visa and Mastercard's dominant market position?