NEW YORK (AP) — Visa and Mastercard have proposed a settlement in their long-running legal dispute with merchants and retailers over how much they charge merchants to accept their cards. The most ...

U.S. Senate Democratic Whip Dick Durbin (D-IL), who sponsored the Credit Card Competition Act with Sen. Roger Marshall (R-KS), came out against the proposed Visa (V) and Mastercard settlement on ...

There aren't many businesses quite like Visa (V +1.59%) and Mastercard (MA +1.70%). Both operate open-loop payment networks -- the rails that shuttle money between a shopper's bank and a merchant's -- ...

Visa Inc. and Mastercard face mounting threats to their global payment duopoly from sovereign-backed alternatives and emerging market competitors. International growth and margin expansion for V and ...

The card networks contend Walmart and trade groups want to scuttle a legal pact over card swipe fees using recycled arguments ...

If approved, the settlement calls for Visa and Mastercard to reduce their swipe fees by 0.1% for five years. But trade groups have already come out against the deal, arguing the proposed changes are ...

With the big card companies scheduled to issue quarterly reports next week, they're releasing a number of products that ...

Visa Inc. and Mastercard Incorporated are compared as dominant global payment networks with robust business models. Both V and MA benefit from secular trends in digital payments and exhibit strong ...