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Financial services company $MA said total number of MasterCard and Maestro processed transactions crossed 1Bil in 2015, up 150% from 2014. In Europe, on average, 13% of in-store transactions processed by MasterCard in 4Q15 were contactless. Number of contactless cards and devices issued to consumers rose by 50% in 2015.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.