Mastercard Inc (MA) reports robust financial performance with a 16% revenue increase and strategic advancements in digital payments and global partnerships.
CEO Michael Miebach says the card network's business in areas such as debit cards will enable it to compete if the mega merger results in the loss of Capital One's debit business.
Mastercard earnings rose in the fourth quarter as the company reported a jump in cross-border credit card use. The credit card company reported net income of $3.34 billion, or $3.64 a share, compared ...