Mastercard

Don’t buy what Zuckerberg’s selling on Libra

10/22/19

Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.

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PayPal exit from Facebook project shows power of D.C.’s disapproval

10/09/19

The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.

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Big banks need to stop tinkering with gender pay-gap data

10/08/19

Investors expect banks to be honest and transparent about employee wages.

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What it means for Facebook's Libra to lose PayPal

10/04/19

Facebook's Libra cryptocurrency project has lost its first major ally. PayPal — where the head of Facebook's Libra project once served as president — has cut its ties. As a founding member, PayPal was expected to drive the payment-specific part of the cryptocurrency initiative.

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O'Rourke urges credit card lenders to stop backing gun sales

09/12/19

The Democratic presidential candidate said on Twitter that credit cards "have enabled many of America’s mass shootings."

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Culture problems? This AI can root them out

08/26/19

Banks are using Receptiviti’s software to find signs of stress, collusion and questionable sales practices among employees.

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Wells Fargo hires payments vet Colleen Taylor to lead merchant services

08/12/19

Former Mastercard and longtime bank executive Colleen Taylor has joined Wells Fargo, where she will oversee the bank's merchant services strategy.

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Mastercard’s biggest acquisition; GreenSky puts up for-sale sign

08/07/19

The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.

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Russell E. Hogg, former Mastercard CEO, dies

07/19/19

During his time with the company, Hogg directed its transformation from Interbank to Mastercard and helped expand the card brand's global presence.

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PayPal, card networks may bear a ‘heavy burden’ with Facebook crypto plan

07/01/19

Visa, Mastercard and PayPal may have boosted the single, greatest risk they face -- that of tougher regulation -- by becoming early backers for Facebook new digital money, called Libra.

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