Women in Asia Pacific feeling more empowered: survey

2010-03-04T10:18:36Z

<div><p>Women in the Asia-Pacific region are feeling slightly more empowered as the socio-economic gap with men narrows, according to a MasterCard survey ahead of International Women's Day next week.</p><p>The poll of women in 14 economies across the region including China, Hong Kong

Prepaid cards may boost Visa, MasterCard profit

2010-03-02T15:00:28Z

<div id="subtitle">Analyst: Prepaid cards to boost Visa, MasterCard profit</div><div><p>An analyst raised his profit estimates for Visa Inc. and MasterCard Inc. for 2010 and 2011 on Tuesday, saying the increasing use of prepaid cards will boost profitability.</p><p>Willia...

Discover settles Morgan Stanley suit for $775 million

2010-02-22T09:53:07Z

<div><p>NEW YORK (Reuters) - Discover Financial Services &lt;DFS.N&gt; paid Morgan Stanley &lt;MS.N&gt; $775 million to settle claims related to sharing proceeds from an antitrust suit against credit card networks

Card company results show waning credit card use

2010-02-22T11:56:31Z

<div id="subtitle">Rise of debit cards, waning credit card use highlights fourth quarter from MasterCard, Visa</div><div><p>Shoppers still reach for plastic at the checkout, but the card they grab most often these days is a debit card, not a credit card.</p><p>That was spelled out Thursday in MasterCard Inc.'s fourth-quarter results. The payment proces...

MasterCard profit misses Street view

2010-02-22T11:56:11Z

<div><p>NEW YORK (Reuters) - MasterCard Inc &lt;MA.N&gt; posted quarterly earnings that fell short of Wall Street forecasts due to higher-than-expected costs, sending its shares down nearly 7 percent in premarket trade.</p><p>...

Earns Mastercard

2010-02-04T06:16:03Z

In this Dec.11, 2009 photo, a sign for MasterCard credit cards is shown on the entrance to a bank, in New York. MasterCard Inc. said Thursday, Feb. 4, 2010, its fourth-quarter profit jumped 23 percent after the payment processor raised prices and it handled more transactions.(AP Photo/Mark Lennihan)

BUDDY, CAN YOU E-MAIL ME 100 BUCKS?

2010-02-24T02:58:09Z

<div><h1>BUDDY, CAN YOU E-MAIL ME 100 BUCKS? </h1><p>What if you could send money to that friend who loaned you $20 last week by using your mobile phone rather than having to go through the trouble of trekking to the ATM or mailing a check? All you'd need would be your buddy's e-mail address or cell number--and presto. </p><p> Folks in Japan and

Report: Online sales up 5 percent during holidays

2010-02-23T07:57:41Z

<div id="subtitle">Online sales up 5 percent during holiday season, reversing last year's decline, report says</div><div><p>Spending at online retailers rebounded this holiday season, growing more quickly than in traditional stores, according to figures from comScore.</p><p>The market research firm said Wednesday that e-commerce sales from Nov. 1 to Christ...

Never Pay Back Credit Card Debt – How Legally Avoid Paying Back Credit Card Debt

2010-02-23T08:09:55Z

Author: Matt Couch
'Never pay back credit card debt' must sound like a dream phrase for those saddled with huge bills on their American Express, Visa or MasterCard payments. It is not only the payments that are due but the over-the-top interest rates, which can be crippling to the cardholder. In order to get a legitimate debt settlemen...

7 Tips to Excellent Survey Taking - Ads Within Surveys & Free Product Testing

2010-02-23T10:59:34Z

Tip 4. Ads Within Surveys & Free Product Testing - What to Watch Out For!<br><br>As these 7 Tips To Excellent Survey Taking continues your next steps are when your actually doing the surveys, so step 4 is now going to come into play. Let me tell you a couple things. There is rarely anyone on the internet that is NOT going to try to profit off their traffic. Not even myself. I do this to create myself income because I have the information to help you create ...

Heartland settles with American Express over breach

2010-02-23T13:48:52Z

<div id="subtitle">Heartland Payment Systems has settled its first lawsuit with a card brand over the 2008 data breach.</div><div><p>Heartland Payment Systems will pay American Express $3.6 million under a settlement related to the record-breaking data breach that the pay...

Holiday Shopping New Ways to Pay

2009-12-18T10:17:39Z

FILE - In this Nov. 2, 2009 file photo, a customer swipes a MasterCard debit card through a machine while checking-out at a shop in Seattle. (AP Photo/Elaine Thompson, file)

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Lawsuit against BJ's over 2004 breach dismissed

2010-02-23T14:48:17Z

<div id="subtitle">The Massachusetts Supreme Judicial Court last week affirmed a lower court ruling dismissing a case against BJ's Wholesale Club over a 2004 breach.</div><div><p>More than 60 credit unions have lost their legal battle against BJ's Wholesale Club after the Massachusetts Supreme Judicial Court last week affirmed a lower court ruling to dismiss the...

Many intend to keep on wining, dining in 2010: survey

2010-02-23T16:30:22Z

<div><p>SINGAPORE (Reuters Life!) - Eat, drink and be merry -- and join the majority of people in the Middle East, Africa and Asia Pacific who, a new survey shows, intend to keep on enjoying the good life in the coming year.</p><p>Dining an...

MasterCard declares 15-cent dividend

2010-02-23T18:28:09Z

<div id="subtitle">MasterCard declares quarterly dividend of 15 cents, payable Feb. 10</div><div><p>Credit card processor MasterCard Inc. said its board declared a quarterly dividend of 15 cents a share.</p><p>The Purchase, N.Y., company said the dividend is payable on Feb. 10 to sha...

Retailers to get final credit card lawsuit payment

2010-02-23T18:53:51Z

<div id="subtitle">More than 600,000 businesses to receive final Visa/Mastercard settlement payment</div><div><p>More than 600,000 businesses across the country are getting an early Christmas present.</p><p>About $1.1 billion will be paid to 634,000 merchants as part of the settlement of an antitrust lawsuit over Visa and MasterCard-branded debit cards...

Credit card giants pay 1.1 billion dollars in settlement

2010-02-23T19:03:01Z

<div><p>Credit card giants Visa and MasterCard are to pay out about 1.1 billion dollars to merchants across the United States as part of an antitrust settlement, lawyers said Tuesday.</p><p>The settlement was the largest of its kind in the United States and will see payments going out by mail to approximately 634,000 retai...

Senator Presses Credit Card Companies on Unauthorized Charges

2010-02-23T20:30:47Z

<div id="subtitle">Rockefeller wants more information about 'data pass'</div><div><p> Responding to complaints about unauthorized credit card charges, Senate Commerce Committee Chairman Jay Rockefeller (D-WV) is asking credit card companies what they know about the practice.</p><p>In a letter to Visa, Reuters) - MasterCard Inc &lt;MA.N&gt;, the world's second-largest credit card network, forecast marketing expenses will increase 20 percent, and rebates and incentives will go up in the fourth quarter, sending shares down up to 6 percent.</p><p>MasterCard's out...

Lower costs, higher volume drive MasterCard profit

2010-02-24T10:41:17Z

<div id="subtitle">MasterCard earns $452 million in 3rd quarter as transaction volume rises, costs decline</div><div><p>MasterCard Inc. said Tuesday its third-quarter profit was bolstered by continued cost-cutting measures and an increase in the number of transactions it processed.</p><p>However, worldwide purchase volume grew only 0.4 percent on a loc...

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