WATERLOO, Belgium, May 30, 2024--Mastercard opened its European Cyber Resilience Centre reaffirming the company’s commitment to combatting cyber threats in the region.
Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash access fees artificially high. The plaintiffs’ lawyers revealed the proposed accord on Wednesday in a filing in Washington, D.C., federal court. The settlement involves consumers who withdrew cash from bank-operated ATMs since 2007.
Mastercard (MA) partners with EagleLion to offer innovative digital payment solutions in Ethiopia and facilitate safer, quicker and cashless transactions.