Business News

Looking Forward: With VocaLink, A Choice-Filled Future

July 28, 2016/MasterCard Michael Miebach I’m not a fortune teller, but I now see the future of payments clearly. How people pay and are paid will increasingly be characterized by a seamless, integrated experience predicated on choice. That is the demand, no matter who you are, where you are and […]

MasterCard Incorporated Reports Second-Quarter 2016 Financial Results

July 28, 2016/MasterCard Second-quarter net income of $983 million, including a special item, or $0.89 per diluted share Second-quarter net income of $1.1 billion, excluding a special item, or $0.96 per diluted share Second-quarter net revenue increase of 13%, to $2.7 billion Second-quarter gross dollar volume up 11% and purchase […]

Uber Says to Drop Prices 35% for People of Nairobi

July 28, 2016/Uber More than one million trips have been made using Uber since our launch in Kenya’s capital in January 2015. Added together, that’s roughly eight million kilometers, or enough to go to the moon and back ten times. Those trips didn’t happen on a space rocket though – […]