Key Developments: MasterCard Inc (MA)

MA on New York Consolidated

77.57USD
24 Jul 2014
Price Change (% chg)

$-0.17 (-0.22%)
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$77.74
Open
$77.93
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$78.06
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$76.92
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5,153,756
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$84.75
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Latest Key Developments (Source: Significant Developments)

MasterCard Inc partners with Women 2.0 to increase entrepreneurship, careers in technology
Thursday, 10 Jul 2014 10:30am EDT 

MasterCard Inc:Partners with Women 2.0 to host networking events in U.S. and Europe, designed to inspire and connect innovators and future leaders in tech.MasterCard's relationship with Women 2.0 will foster creative communities of women in technology, supporting company's larger initiative of cultivating future leaders of women technologists and supporting them throughout their careers.  Full Article

MasterCard Inc acquires ElectraCard Services
Monday, 19 May 2014 12:01am EDT 

MasterCard Inc:Enters into agreement with Opus Software Solutions Pvt. Ltd., to acquire its subsidiary, ElectraCard Services Private Ltd (ECS), a provider of software solutions and processing services for electronic payment and card systems.Says it previously had minority investment in ECS.Anticipates this transaction to close in Q2 2014.Terms of agreement were not disclosed.  Full Article

MasterCard Inc to acquire Pinpoint
Wednesday, 16 Apr 2014 07:32pm EDT 

MasterCard Inc:Enters into agreement to acquire Pinpoint Pty. Ltd, a provider of loyalty and rewards services to financial institutions across the Asia Pacific region.Says this acquisition is expected to close in second quarter of 2014.Financial terms of the transaction were not disclosed.  Full Article

MasterCard Inc and Monitise Partner to Deliver Digital Payment Services
Monday, 24 Mar 2014 01:48pm EDT 

MasterCard Inc:Intents to enter into a commercial agreement with Monitise plc.To accelerate the development and deployment of mobile wallets and digital payment solutions by financial institutions worldwide.Also intends to make a minority investment in Monitise.  Full Article

MasterCard Inc enters seven new markets across Central and West Africa
Tuesday, 4 Mar 2014 06:00am EST 

MasterCard Inc:Company operates in 48 of Africa's 55 markets, expansion into seven new markets across Central and West Africa - Chad, Central African Republic, Guinea-Bissau, Liberia, Sierra Leone, Rwanda and The Gambia.  Full Article

MasterCard Inc announces regular quarterly dividend
Tuesday, 4 Feb 2014 01:31pm EST 

MasterCard Inc:Says its Board of Directors has declared a quarterly cash dividend to holders of shares of its Class A common stock and Class B common stock.Says the cash dividend of US$0.11 per share will be paid on May 9 to holders of record of its Class A common stock and Class B common stock as of Apr. 9.  Full Article

MasterCard Inc, eServGlobal Ltd and BICS create remittance joint venture
Thursday, 19 Dec 2013 02:00am EST 

eServGlobal Ltd:Announces, together with MasterCard Inc and BICS, the formation of HomeSend, a joint venture (JV) which will enable consumers to send money to and from mobile money accounts, payment cards, bank accounts or cash outlets-regardless of their location or that of the recipient.Says the HomeSend JV will leverage the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS.Says HomeSend has live deployments in 50 countries and commercial contracts with mobile network operators (MNOs) and money transfer operators (MTOs) that represent more than 1.2 billion subscribers.Says by connecting the worldwide community of telecom partners and MTOs to the more than 24,000 financial institutions on the MasterCard network, the HomeSend JV will provide consumers flexibility for sending or receiving funds and enable cross border remittance payments worldwide.Says MasterCard will own a controlling share of the HomeSend JV.  Full Article

MasterCard Inc raises dividend by 83 pct - Reuters
Wednesday, 11 Dec 2013 08:55am EST 

MasterCard Inc:Says raises its quarterly dividend by 50 cents to $1.10 per share - Reuters.Says it also announced a new $3.5 billion buyback program.Says the new share buyback will be effective on the completion of the existing $2 billion repurchase program, which has $514 million remaining as of Dec. 5.  Full Article

Atos SE's Worldline and MasterCard Inc to Extend Partnership
Tuesday, 19 Nov 2013 05:20am EST 

Atos SE announced that its Worldline and MasterCard Inc announced the extension of their partnership to integrate and deploy the MasterPasss initiative. Worldline has conceived a digital portfolio environment with open interfaces, designed for payment cards agents that will enable their clients to use MasterPass for their internet payments, no matter what device they are using. According to the both companies' partnership extension plans, Worldline shall support MasterCard Inc's end-to-end payment process and offer to the final client a complete digital payment solution.  Full Article

MasterCard Inc And Eataly Announces New Partnership to Promote Slow Food and Fast Payments
Wednesday, 9 Oct 2013 02:00am EDT 

MasterCard Inc announced an international agreement to offer MasterCard cardholders experiences at all Eataly stores in Italy and worldwide. The agreement puts the /slow food, fast payments' credo into practice, creating perfect synergy between the two Companies` cultures. As the partnership is international in scope, consumers will also have access to a range of exclusive benefits around in the world.  Full Article

Visa, MasterCard lose ruling vs retailers over credit card fees

NEW YORK, July 18 - A federal judge declined on Friday to dismiss antitrust lawsuits filed against Visa Inc and MasterCard Inc by retailers who opted out of an estimated $5.7 billion class action settlement in 2012 over transaction fees.

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