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News For MA From The Last 14 Days Check below for free stories on MA the last two weeks. |
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| May 23, 2013 | | 14:45 EDT |  | MA | Retailers file new suit against card companies over swipe fees, Bloomberg says
 Subscribe for More Information | | | 11:59 EDT |  | MA | Retailers file suit against Visa, MasterCard over credit cards, Bloomberg says
Subscribe for More Information | | | May 21, 2013 | | 14:50 EDT | | MA | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 14, 2013 | | 06:44 EDT | | MA | Visa Europe offers to reduce inter-bank fees, Reuters says
Visa Europe, the European licensee of Visa (V), is prepared to reduce its interbank credit fees by 50% for four years in order to terminate an EU antitrust probe and prevent itself from possibly being fined, according to Reuters. The reduction would lower Visa Europe's interbank credit fees to 0.3%, the same level as that of MasterCard (MA), EU stated, Reuters reported. Reference Link | | | May 10, 2013 | | 08:27 EDT |  | MA | MasterCard management to meet with Deutsche Bank
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