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Visa, Mastercard reach $7 billion settlement over fees

Jul 16, 2012
Visa, Mastercard, and some big banks agreed to pay $6.6 billion late Friday to end a fight over fees they charge retailers. And the settlement is likely to affect all of us.

MasterCard profit soars on rising transactions

May 2, 2012
MasterCard reported a 21 percent jump in quarterly profit after the biggest jump in card swipes -- to 7.7 billion -- since the company went public in 2006.

Credit card numbers stolen: Your guide to freaking out

Apr 3, 2012
Up to 1.5 million credit card numbers for Visa and MasterCard accounts have been stolen from the databases of a company called Global Payments. Plus, understanding evolution through evolving robots.

Selling your personal information to the highest bidder? Priceless (hopefully).

Oct 25, 2011
Visa and MasterCard are working on advertising strategies that would target people based on their buying history. When it comes to privacy, the...

Wikileaks suspends publication

Oct 24, 2011
The leak site has temporarily shut down in order to go into an aggressive fund raising mode. Yeah, it's something we've heard from a million arts...

Google Wallet adds Visa

Sep 20, 2011
The Google Wallet program did indeed launch yesterday, just as we predicted. And now comes word that the system won't be entirely dependent on...