Target MasterCard settlement News

Target Agrees to Settle Data Breach Claims with Visa

Target Corp. said it has reached an agreement with Visa Inc. card issuers to reimburse up to $67 million in costs related to a data breach at the retailer in 2013, according to a source familiar with the matter. The …

Banks Scuttle MasterCard Settlement with Target Over Data Breach

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 agreement, announced in April, would have …

Target to Pay MasterCard Banks $19M to Settle Data Breach Claim

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