The Business Times
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Mastercard

Banking & Finance

Consortium including Visa, Mastercard jointly launch new global stablecoin 

Visa and Mastercard agreed to lower swipe fees by 0.1 percentage point for five years, while standard consumer rates would be lowered to no more than 1.25% for eight years.
International

Visa, Mastercard US$38 billion swipe fee settlement wins US judge’s approval

Mastercard reported a 7 per cent jump in gross dollar volume – the value of all transactions processed on its platform.
Companies & Markets

Mastercard profit climbs on steady transaction volumes

Mastercard earlier this month unveiled a global partnership network with more than 85 digital-asset firms and other crypto-related companies to bridge the gap between traditional and non-traditional payment methods.
Banking & Finance

Mastercard to buy stablecoin startup BVNK for up to US$1.8 billion

Adjusted profit for Mastercard came in at US$4.76 per share, surpassing analysts’ average expectations of US$4.25, and revenue of US$8.81 billion also beat estimates of US$8.78 billion.
International

Mastercard profit beats estimates on sustained consumer spending

Both Visa and Mastercard agreed to relax their controversial “honour all cards” rules, which required merchants to accept all Visa or Mastercard credit cards if they accept any cards from the two networks.
Companies & Markets

Visa, Mastercard to cut fees, let retailers reject certain cards

Profit rose to US$3.9 billion, or US$4.34 per share, in the three months ended September 30 from US$3.3 billion, or US$3.53 per share, a year earlier.
Banking & Finance

Mastercard quarterly profit rises as transaction volumes hold strong

Richard Wormald's (above) new role is effective Jan 1, 2026.
Companies & Markets

Mastercard appoints new president for Asia-Pacific

The Commerce Commission estimates New Zealand businesses pay NZ$600 million a year to accept Mastercard and Visa payments.
International

New Zealand to ban surcharges on in-store electronic payments

Mastercard is positioning itself as the bridge between digital assets and the traditional financial system.
Banking & Finance

Stablecoin has long road to mainstream payments, Mastercard says

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