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 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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Should you apply for a Target RedCard? (AFP via Getty Images) With discounts, free shipping and an extended returns policy, the ...

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.

Target Corp. is seeking a buyer for its $6.7 billion credit card receivables portfolio, but it plans to retain operational control of its card program because of its “deep integration” with the ...