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credit card issuers: Credit cards: How RBI could break the hegemony of Visa & Mastercard without tinkering with a dependable system

The Reserve Bank of India (RBI) is set to transfer the right to choose a card network, such as Visa, Mastercard, American Express, Diners Club, or RuPay, from credit card issuers with portfolios larger than 1 million cards to credit card holders. This move could lead to a shift from a market where consumers are spoilt for choice to one where the market may be spoilt by choice. The decision was prompted by the need to allow consumers to use RuPay-linked credit cards, which have been augmented by ...
Credit Card Issuers Credit Cards Dependable System Card Network American Express

Polar Capital Holdings Plc Has $92.07 Million Position in Mastercard Incorporated (NYSE:MA)

Polar Capital Holdings Plc raised its holdings in Mastercard Incorporated (NYSE:MA – Free Report) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 232,560 shares of the credit services provider’s stock after purchasing an additional 4,072 shares during the quarter. Polar […]
United States Craig Vosburg Ajay Bhalla Raymond James Giverny Capital Inc Armstrong Fleming Moore Inc

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Advisory Resource Group Grows Stock Holdings in Mastercard Incorporated (NYSE:MA)

Advisory Resource Group boosted its position in Mastercard Incorporated (NYSE:MA – Free Report) by 4.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,997 shares of the credit services provider’s stock after acquiring an additional 76 shares during the period. Advisory Resource Group’s holdings in Mastercard were […]
United States Raymond James Craig Vosburg Ajay Bhalla Cassia Capital Partners Securities Exchange Commission
Source: wkrb13.com

Mastercard appoints Jon Huntsman vice chairman and president, strategic growth

Mastercard today announced Jon Huntsman will join as Vice Chairman and President, Strategic Growth, effective April 15. The former U.S. Ambassador and Governor will lead efforts focused on expanding commercial partnerships with governments and public sector institutions along with driving the companyโ€™s inclusive growth, philanthropy and sustainability agenda.
University Of Utah United States Michael Miebach University Of Pennsylvania Ford Motor Company Huntsman Corporation

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