MasterCard News

Convenience and speed are reasons businesses often used to encourage early adoption of a technology intended to improve our lives, especially when it comes to paying for goods and services at a cash registers.

According to the IMF, Africa's economic growth is surging, especially south of the Sahara with the Ivory Coast and Mozambique leading the way.

A group of 19 large retailers, including Wal-Mart Stores Inc. , Costco Wholesale Corp.

The agency's remarkable rise has captured the attention of power players in the highly-competitive music marketing space.

Away from their Capitol Hill offices and committee rooms, members of Congress involve themselves in a different sort of work: raising money for their re-election campaigns.

Eight people have been charged with hacking into two credit card processors and using stolen data to make more than 40,500 withdrawals at ATMs in 27 countries.

This is particularly true in emerging markets where cash is still the norm in everyday transactions.

's stock had its "overweight" rating restated by analysts at JPMorgan Chase in a research report issued to clients and investors on Monday, AnalystRatingsNetwork.com reports.

TOWN, South-Africa, - The Nigerian National Identity Management Commission and MasterCard today announced at the World Economic Forum on Africa the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability as a pilot program.

According to the principals, the programme is the largest roll-out of a formal electronic payment solution in the country and the broadest financial inclusion initiative of its kind on the African continent.

Last night, I got to participate in a one-hour Twitter chat dealing with some of the specifics relating to opportunities and impediments around forward movement.

Wal-Mart Stores Inc. has been trying for years to expand into retail financial services, having gone as far as trying to buy a California bank in 2002 to acquire its state charter, a move that was blocked by lawmakers there, and failing a bid to open a bank in Utah in 2005 to circumvent debit and credit card swipe fees charged by Visa Inc and ... (more)

The U.S. government charged eight individuals with stealing debit card data from two Middle Eastern banks in a scheme that prosecutors said netted $45 million in a matter of hours - a crime they called one of the biggest bank heists in history.

Travelport joint-venture eNett has warned the travel industry risks being left behind if it does not adopt new forms of payment methods.

What's in your wallet? The tag line might not be Visa Inc 's , but the answer almost certainly is.

In an environment of low rates, a stock market that has risen so far so fast that it's causing many to go either insane from waiting for a pullback and missing the ride or insolvent from shorting, and one where the darling investments of the last few years have been absolutely crushed, it leaves many wondering, "where exactly can I put money to ... (more)

They currently have a $593.00 price target on the stock, down from their previous price target of $611.00. A number of other firms have also recently commented on MA.

Since the beginning of the year, American Express has gained more than 19%. Recently, the company announced that it would raise its quarterly dividend by 15% to $0.23 per share.

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The firm currently has an "outperform" rating on the stock. A number of other analysts have also recently weighed in on MA.