Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high.
Mastercard and LoanPro plan to launch a program that will enable lenders to deliver installment loans through virtual and physical cards. The Loan on Card program is set to launch in 2026, the companies said in a Tuesday (Dec. 16) press release.
PURCHASE, N.Y. & SALT LAKE CITY--(BUSINESS WIRE)--Mastercard and LoanPro today announced a new strategic partnership to launch Loan on Card, a solution designed to enable lenders to deliver loans to approved consumer and small business borrowers through virtual and physical card-based experiences. Set to launch in 2026, Loan on Card will provide borrowers with instant access to funds that can b...
Mastercard has launched a digital wallet partnership with money movement company TerraPay. This collaboration is designed to provide the latest in digital payment capabilities to Mastercard's wallet partners, which include mobile money wallets, FinTechs and banks, the companies said in a Thursday (Dec. 11) news release.
Mastercard has already produced outrageous returns for long-term investors. However, given the growth opportunities ahead, it can continue to do so for much longer.
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