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MasterCard CEO: Very important to focus on cities  

Ajay Banga, MasterCard CEO, warns on the future of big cities and expects more change in the mobile payment space in the next 5 years than the previous 15.
Source: CNBC.com
Why hackers want your health-care data

When bad guys buy and sell swiped health-care data, the going rate is 10 to 20 times the price of a stolen MasterCard account.
Source: CNBC.com | By: Christopher Young, general manager of the Intel Security Group
Street Talk: Unusual activity with NVDA  

"Power Lunch" hosts Melissa Lee and Brian Sullivan look at 5 stocks with analyst recommendations, including Coach and Nimble Storage.
Source: CNBC.com
CBS CEO talks All Access, sports & more  

CBS CEO Les Moovnes speaks at the Code Conference, about the Charter-Time Warner Cable deal, CBS All Access and whether they would be interested in the broadcast rights to FIFA.
Source: CNBC.com
Most hated bull market in a long time: Pro  

Julian Emanuel, UBS, and Erik Ristuben, Russell Investments, discuss a rate hike and the impact the dollar has on equities.
Source: CNBC.com
TD Bank to buy Nordstrom's U.S. consumer credit card portfolio

TORONTO, May 26- Toronto Dominion Bank said on Tuesday it will acquire Nordstrom's U.S. consumer credit card portfolio as the Canadian bank looks to use its strong balance sheet to expand its lending business in the United States. But under the terms, Nordstrom will receive a large slice of net revenue generated by the credit card accounts. Nordstrom's U.S. credit...
Source: Reuters
IMF official says China's yuan no longer undervalued

BEIJING- The International Monetary Fund no longer believes China's tightly controlled currency is undervalued, an IMF official said Tuesday, a stance that might help Beijing in its wrangling with Washington over exchange rate controls. The IMF's first deputy managing director, David Lipton, also said Beijing should work toward having a floating exchange...
Source: The Associated Press
China-Taiwan talks seek to maintain momentum for closer ties

TAIPEI, Taiwan- Negotiators from Taiwan and China met Saturday for talks in an attempt to maintain momentum for the forging of closer ties in the face of a skeptical Taiwanese public. Topics discussed included controlling the illegal excavation of sand from the ocean floor, opening outlying Taiwanese islets to more China- based tourism and letting Chinese...
Source: The Associated Press
Target settlement with MasterCard fails to get bank support

NEW YORK- 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 enough support from the affected banks and credit unions. MasterCard Inc. would only say Friday that not enough issuers approved the deal. Minneapolis- based Target...
Source: The Associated Press
UPDATE 1-MasterCard, Target data breach settlement falls apart

May 22- A proposed $19 million settlement between MasterCard Inc and Target Corp over the retailer's 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The lead lawyers for the banks had argued that the settlement with MasterCard, which was not a party to the lawsuit, was an attempt to undercut their...
Source: Reuters | By: Joseph Ax