Page 210 - Mastercard News Today

Settlement to limit credit and debit card fees for merchants, with savings for consumers

Mastercard and Visa have reached a class action settlement with U.S. merchants after 20 years of antitrust litigation around swipe fees.

CNBC's Jim Cramer on Tuesday discussed the Mastercard and Visa settlement in addition to headlines around Reddit, McCormick, Hershey and UPS.

Visa and Mastercard announced a settlement Tuesday that could end a lawsuit that started in 2005, when businesses accused the credit card companies of charging unnecessarily high interchange, or swipe, fees.

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The agreement settles an almost 20-year-old lawsuit filed by U.S. merchants

Visa, Mastercard and its card-issuing banks settled a decades-old federal lawsuit in New York brought by merchants over high swipe fees.

THE FOUNDATION "Equal laws protecting equal rights; the best guarantee of loyalty and love of country." —James Madison (1820) Fellow Patriots, on this day in 1953, Dr. Jonas Salk announced that he had developed and tested a polio vaccine. To prove the success, he and his own family received the...

Most neobanks struggle to turn a profit, and some warning signs may be flashing from changes in interchange fees and caps.

Here is an in-depth look at the hoops that those in the cannabis industry and those on the banking side leap through to make it work.