Mastercard has announced it is developing its first European Cyber Resilience Centre located in Waterloo, Belgium. The new security centre aims to drive collaboration between …
Mastercard gets in-principle nod to enter payments space in China
The China joint venture (JV) of Mastercard has secured the in-principle clearance from the country’s central bank to launch a bank card clearing institution in …
Australia weighs option to end Visa and MasterCard duopoly
Regulators in Australia are mulling the option of intervening to prevent domestic banks’ practice of routing debit card payments through Visa and MasterCard automatically. According …
CPI Card Group inks agreement to settle derivative action
CPI Card Group, a US-based provider of credit, debit, and prepaid solutions, has resolved a derivative action filed against some of its directors and officers. …
American Express gets regulatory approval to begin operations in China
American card giant American Express has received the nod of the Chinese central bank to commence operations in the country. The decision was announced in …