MasterCard today said that not enough MasterCard-issuing banks accepted the proposed $19 million settlement with Target by the May 20 deadline. The settlement was seeking participation from issuers representing at least 90 percent of eligible MasterCard accounts accepting offers through the settlement. “We will continue to work to resolve this matter,” MasterCard said in an email to its issuers. For further information, contact ABA’s Molly Wilkinson.
Survey: Millennials lead in saving for emergencies
The survey found differences in each generation's approach to money. It also reported four strategies that, according to those surveyed, help build financial wellness: saving regularly, budgeting, reducing unnecessary spending and paying down debt.








