MasterCard Faces $18.6 Billion UK Lawsuit Over FeesMasterCard is being sued for $18.6 billion in Britain for allegedly charging excessive fees on millions of transactions over a 16-year period.
Home Depot: Credit Card Firms Slow To Upgrade SecurityThe Home Depot Inc. says in a new federal lawsuit that Visa and MasterCard are using security measures prone to fraud, putting it and other retailers at risk of hacking attacks by cyber thieves.
Florida Bank Issues First U.S. Credit Card For Use In CubaA small Florida bank will issue the first U.S. credit card intended for use in Cuba. That could make it easier for Americans to travel and work on an island largely cut off from the U.S. financial system.
Retailers Dragging On Changing Over To Chip Reader SystemForty-two percent of the country's retailers have not yet switched their check out systems to read the new, more secure, TRON-like chips cropping up on credit cards
Target Settles MasterCard Data Breach LawsuitTarget said that it has set aside $19 million for banks issuing MasterCards that were caught in the data breach that compromised 40 million credit and debit card accounts.
Best Credit Cards For TravelersHere is a look at five of the best credit cards for travelers, all with outstanding perks and excellent reviews from consumers.
Neiman Marcus: 1.1 Million Cards May Be CompromisedNeiman Marcus says 1.1 million debit and credit cards used at its stores may have been compromised in a security breach last year.
Retailers Now Banking On Returns To Help 2012 SalesBad weather nationally is one of the reasons given for a kind of lackluster Christmas shopping season, and now retailers hope for a last-minute holiday spending spree to meet sales expectations.
Temporary Outage Of Visa Card Network Sunday A technical problem affecting the Visa network barred some people around the United States from using their credit and debit cards for about 45 minutes on Sunday, the company said.