The United Kingdom has handed its payments watchdog a decisive victory in a closely watched clash with global card schemes and a leading fintech. A High Court judge in London has backed the power of ...

LONDON (Reuters) -Global payments processors Visa and Mastercard's default multilateral interchange fees which are charged to retailers infringe competition law, a London tribunal ruled on Friday in ...

Mastercard is partnering with Chinese technology giant Tencent to combine the Mastercard Move funds transfer service with the TenPay cross-border payment rail and the Weixin Pay mobile payment service ...

Mastercard Incorporated MA has been found in violation of European competition law for imposing excessive interchange fees on transactions made using its cards. The U.K.'s Competition Appeal Tribunal ...

Forbes contributors publish independent expert analyses and insights. Dan Gingiss covers news impacting your customers and employees. With Visa and Mastercard recently reaching a settlement on a ...

The potential deal aims to resolve a 20-year-old legal dispute over interchange fees, the charges merchants pay to banks when customers use credit cards, and acceptance rules, reported The Wall Street ...

The world of payments is increasingly shifting toward digital, cross-border and real-time transactions, reshaping how money ...