More than a year after Target Corp.’s massive data breach, the retailer announced a settlement agreement with MasterCard to compensate card issuers for operational costs and fraud-related losses.

Class counsel argued that Target had cut them and their clients – and the court overseeing consolidated data breach litigation – out of the negotiating. They said the company was trying to hijack the ...

Target Corp. is making good on its plans to accelerate chip-and-PIN payment card technology in its stores and among its customers with Monday’s announcement that it will move its entire Redcard credit ...

Target has agreed to pay MasterCard-issuing banks up to $19 million to reimburse losses related to the 2013 data breach that compromised up to 40 million accounts. The settlement will help compensate ...

Starting next year, Target will issue its branded credit and debit cards as MasterCard chip-and-pin cards, the company said Tuesday. The retailer's REDcard portfolio includes a Target-branded debit ...

NEW YORK/CHICAGO (Reuters) - A federal judge has rejected a bid from a group of banks and credit unions suing Target Corp (TGT.N) over its 2013 data breach to block the company's proposed $19 million ...

Target has agreed to pay MasterCard-issuing banks as much as $19 million to reimburse for losses related to the 2013 hack that resulted in up to 40 million accounts being breached. The settlement ...

Target said it had agreed to reimburse about $19 million to financial institutions who had issued MasterCard-branded cards that were a part of the massive data breach at the retailer in 2013. The ...

NEW YORK — Target and MasterCard say they’ve agreed to settle lawsuits over the discounter’s pre-Christmas 2013 massive data breach. Target said late Wednesday it has set aside up to $19 million ...

NEW YORK - A $19 million deal between Target (TGT) and MasterCard (MA) to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped because it failed to get ...

NEW YORK (AP) — A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped, because it failed to get ...

Freedom Capital analyst Mikhail Paramonov raised the firm’s price target on MasterCard (MA) to $655 from $635 and keeps a Hold rating on the ...