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Visa, MasterCard Come To More Than $6 Billion Settlement With Retailers
Retailers filed lawsuits against the credit card companies for placing restrictions on surcharges. The settlement eases those restrictions.
Wal-Mart Urgest Retailers To Reject $6 Billion Settlement With Visa, MasterCard
The retailer's objection puts the settlement in serious doubt.
'Anonymous' Hacker Convicted For Attacks On PayPal, Mastercard
Prosecutors said the denial of service attacks were not "victimless crimes." They estimated that it cost the companies attacked $5.6 million in extra staffing, software and loss in sales.
Anonymous Hackers In Britain Sent To Jail For Paypal, Mastercard Attacks
The 22- and 28-year-olds were convicted of using denial of service attacks to defend WikiLeaks. Christopher Weatherhead will serve 18 months in jail.
Declined: Visa, MasterCard Freeze Out Targeted Russian Banks
The U.S.-based credit card companies responded to sanctions imposed on Moscow in the wake of its annexation of Crimea.
Polite Reception For Obama College Cost Plan Belies Hurdles
President Obama's big idea of linking federal financial aid to a new college ratings system — based on metrics like student debt levels — would require congressional action. That means it would have to make it through the GOP-led House, where Obama's initiatives don't have a great track record.
MasterCard, Visa Team Up To Improve Payment Security
The credit-card rivals will join others in the industry to push chip technology to replace the more vulnerable magnetic stripes on most cards in the U.S.
MasterCard, Visa Warn Of Credit Card Data Theft
Just how big the breach was is still unknown but one security expert says it was "massive."
From the Top
Critics Say Ryan's Record Belies Tough Deficit Talk
Paul Ryan gained national attention and praise from conservatives with bold proposals to cut the deficit and balance the budget. But critics say the Republican vice presidential nominee's talk doesn't match his record. To others, he is more a small-government conservative than a deficit hawk.
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