The Latest Breaking News from Mastercard

"Playing the cutline is one of the toughest things in golf. Fifty-four holes, no cut, that's an easy life" -- Padraig Harrington

"To the extent consumers want to buy and sell, we want our products and our network to be in a position to easily and securely facilitate that movement of money," he added.

U.S. Treasury Secretary Janet Yellen said on Saturday that she believes the strong qualifications of the U.S. nominee to lead the World Bank, ex-Mastercard CEO Ajay Banga, will overcome any criticism of the selection process.

Ajay Banga, U.S. President Joe Biden's pick to run the World Bank, will face a tough slate of issues around the institution's finances and capital structure from the get-go, thorny problems he must address as he reshapes the bank into a force for combating climate change on top of its…

The nomination of the former Mastercard CEO shows how Wall Street has lost its status as America’s biggest corporate villain.

If selected, Banga will assume a crucial job at the 77-year-old institution that oversees the provision of billions of dollars of funding to developing countries

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Ex-Mastercard CEO has worked closely with Vice President Kamala Harris in efforts to address root causes of migration from Central America

US president puts forward choice to oversee new focus on climate crisis after resignation of Trump appointee David Malpass