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Visa, Mastercard ask U.S. court to declare card fees are lawful

NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.Full story

Big stores nix credit card settlement, file suit

Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing. Full story

For banks in cyber heist, how to get their money back?

NEW YORK (Reuters) - Because the sums were large and such attacks are relatively new, the two Middle East banks hit in a $45 million ATM heist face an uncertain path in trying to recover their losses, financial, insurance and legal experts say. Full story

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Indian companies at center of global cyber heist

Exclusive: Indian card processor in $45 million heist is ElectraCard - sources

Visa enjoys upbeat quarter, MasterCard lags

MasterCard 1Q profit rises, but economy 'choppy'

MasterCard CEO made $11.3M in 2012, up 35 percent

Judge in U.S. credit-card fees case assails critics' website

Retail trade group to opt out of $7.2 billion credit card-fee pact

MasterCard under EU fire over payment card fees

Wall Street worries about PayPal's real-world expansion

Visa CEO calls digital wallet fee on PayPal "appropriate"

Video

  Credit Card Users: Brace for 'Checkout Fees'?

A look at brand new checkout fees Visa and MasterCard users could be facing, with CNBC's Kayla Tausche. Courtney Reagan says retailers understand additional charges will not make consumers happy.

  Credit card users could get hit with four percent 'checkout fee'

CNBC's Mandy Drury reports on the new surcharge some merchants could impose on Mastercard and Visa customers.

  Businesses can now charge for credit card use

Good news for retailers, not for consumers: The fallout of a class-action lawsuit in July means that businesses may charge 4 percent for using a Visa or Mastercard. NBC’s Katy Tur reports.

  Cramer's Six in 60: Weyerhaeuser, Best Housing Play

Cramer shares six stocks to watch, and reveals them in under 60 seconds, including, McDonald's, MasterCard and Lululemon.

  Momentum Trade Dead in Panera Bread?

The FMHR traders weigh in on unusual activity in Intel, and the play on Visa and MasterCard. Also, Nicole Miller Regan, Piper Jaffray analyst, explains why she has a "sell" rating on Panera's stock amid uncertainty in recent management transitions.

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Related Photos

MasterCard credit cards are seen in this illustrative photograph taken in London
MasterCard credit cards are seen in this illustrative photograph taken in London

MasterCard credit cards are seen in this illustrative photograph taken in London December 8, 2010.

MasterCard and VISA credit cards are seen in this illustrative photograph taken in Hong Kong
MasterCard and VISA credit cards are seen in this illustrative photograph taken in Hong Kong

MasterCard and VISA credit cards are seen in this illustrative photograph taken in Hong Kong December 8, 2010. REUTERS/Bobby Yip

A sign displaying ATM prepaid cards is seen at a RAKBANK branch at Dubai Marina
A sign displaying ATM prepaid cards is seen at a RAKBANK branch at Dubai Marina

A sign displaying ATM prepaid cards is seen at a RAKBANK branch at Dubai Marina in Dubai May 12, 2013. Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week. According to a U.S. officia

A coffee shop displays signs for Visa, MasterCard and Discover in Washington
A coffee shop displays signs for Visa, MasterCard and Discover in Washington

A coffee shop displays signs for Visa, MasterCard and Discover, in Washington, May 1, 2013. REUTERS/Jonathan Ernst