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In May 2006, Mastercard Incorporated held its initial public offering (IPO) that valued it at about US$5.6 billion; [7] as part of the IPO, Mastercard Inc. donated 13.5 million shares, expected to be worth an initial US$600 million (equivalent to US$906.8 million in 2023), to a newly created independent charitable foundation to be named the Mastercard Foundation.
In 1996, four million merchants sued Mastercard in federal court for making them accept debit cards if they wanted to accept credit cards and dramatically increasing credit card swipe fees. This case was settled with a multibillion-dollar payment in 2003. This was the largest antitrust award in history. [34]
When you apply for a credit card online, for example, the address you include on your application will become your billing address. A billing address looks just like a street address.
The Mastercard International Global Headquarters is an office building located at 2000 Purchase Street in the hamlet of Purchase, New York. It was constructed in the early 1980s as part of a movement of large corporations onto suburban estate settings, and has been called the "architectural jewel of Westchester ".
Richard Merrill Mills Jr. (born February 23, 1959) [3] is an American diplomat serving as the United States ambassador to Nigeria since July 2024. He served as the United States deputy ambassador to the United Nations from 2020 to 2024 and, in that capacity, served as the U.S. Chargé d'Affaires and Acting Permanent Representative to the United Nations between January 20, 2021, and February 25 ...
Verve was founded in 2009, as a subsidiary of Interswitch. In 2013, it became an autonomous business entity in a restructuring exercise. [2]In 2005 the Central Bank of Nigeria (CBN) issued a mandate to the Nigerian payment industry that operators should migrate from magnetic strip to EMV chip and PIN platform by 2009.
Babban Gona was founded in 2012 by Kola Masha with the aim of promoting agriculture and reducing unemployment in Nigeria. [1] [9] Kola temporarily relocated to a small village in the Northern part of Nigeria, which had been recently impacted by insurgent activities.
Africa Social Impact Summit (ASIS) is an African non-governmental initiative launched in 2022 in Lagos, Nigeria. [1] ASIS is co-convened by the United Nations in Nigeria and Sterling One Foundation alongside other private sector and development organizations. It is a convening for inclusive development that provides an opportunity for ...