In a significant move to address past financial discrepancies, Visa and Mastercard have unveiled a refund program aimed at returning $197 million to affected users. This initiative comes as a relief during challenging economic times,

Shares in payments groups Visa (V) and Mastercard (MA) were lower in value today on concerns that they could both face regulatory action in the

Alluvium Asset Management, an asset management company, released its “Conventum – Alluvium Global Fund” fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the quarter,

Mastercard and Visa are under scrutiny for reportedly allowing transactions on illegal gambling websites that have defrauded UK customers. According to an investigation by Investigate Europe, the payment giants have failed to prevent their networks from being used for transactions on unlicensed sites, despite a previous pledge to do so.

Visa and Mastercard are leading payment network providers with numerous services revolving around these networks. Explore why V and MA stocks have strong growth.

Mastercard’s One Credential platform allows users to access multiple payment methods through a single digital solution. The tool may have particular appeal to members of Gen Z, nearly half of whom enjoy using new and innovative methods of payment.

Mastercard appeared to be down with users in the US, UK, France and elsewhere reporting problems with payments.

The UK payments regulator has warned Visa and Mastercard it will introduce “remedies” to tackle a lack of competition and transparency in the card payments market that it said was costing British businesses millions of pounds a year.

In a report released today, Trevor Williams from Jefferies maintained a Buy rating on Mastercard (MA – Research Report), with a price target of

Mastercard is a long-term compounder with strong growth potential, wide moat, and high profitability. Read more about MA stock here.