BNET Industries
- Private
- US
Dow Jones Description
Credit Card & Financial Services
President, Global Technology and Operations
W. Roy DunbarNumber of Employees 2,700
Peer Companies
NAICS Code Financial Transactions Processing, Reserve, and Clearinghouse Activities: 522320
News & Analysis
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antitrust and mastercard international - All News and Analysis
Supreme Court Rules in Favour of Mastercard Incorporated.
- 2007-05-24
M2 PRESSWIRE-24 May 2007-ANALYSIS: Supreme Court Rules in Favour of Mastercard IncorporatedC1994-2007 M2 COMMUNICATIONS LTD RDATE:24052007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...
American Express files suit for antitrust damages
- 2004-12-01
American Express Co., New York City, has filed a lawsuit against Visa, MasterCard and eight major banks that are members of the bankcard associations. The suit, filed in the U.S. District Court in Manhattan, seeks monetary damages for the business lost asAmerican Express Co., New York City, has filed a...
MasterCard, Visa lose card appeal; the US Supreme Court has rejected appeals by Visa and MasterCard of a ruling that the two credit card associations violated antitrust law by barring banks from issuing credit cards for rival networks
- 2004-10-18
The top court's action, issued without comment, is expected to benefit issuers such as MBNA Corp, as well as American Express, which has been aggressive in courting bank partners. Morgan Stanley's Discover unit, which has been working to expand its own payment network, is also pursuing partners. The...
Statement by Discover Financial Services on U.S. Supreme Court Decision to Deny Visa and MasterCard Appeal in Antitrust Case
- 2004-10-04
RIVERWOODS, Ill. -- David W. Nelms, Chairman and Chief Executive Officer of Discover Financial Services, a business unit of Morgan Stanley (NYSE:MWD), issued the following statement regarding today's decision by the U.S. Supreme Court to deny an appeal by Visa and MasterCard in an important antitrust case regarding the Visa...
Discover Financial Services Files Federal Lawsuit against Visa and MasterCard for Damages Stemming from Antitrust Violations
- 2004-10-04
RIVERWOODS, Ill. -- Company also praises Supreme Court decision that clears the way for more competition and choice in credit and debit card networks
Merchant advisory reports new rates
- 2004-02-01
A merchant advisory is being released by the lead counsel for merchants in the Visa/MasterCard antitrust legislation. The advisory contains information on new interchange rates for Visa and MasterCard signature debit transactions scheduled to go into effeA merchant advisory is being released by the lead counsel for merchants in the...
Settlements signed in Visa, MasterCard antitrust case
- 2003-07-01
Formal settlement agreements have been signed by parties in the antitrust case against Visa U.S.A. and MasterCard International. The multi-billion dollar agreement will be submitted to the U.S. District Court in Brooklyn, N.Y. for preliminary approval.Formal settlement agreements have been signed by parties in the antitrust case against Visa U.S.A....
The Credit Card Cases
BNET
- 2002-11-11
Banks that are members of Visa and MasterCard would be well-advised to consider taking steps to limit their potential exposure to persons injured by the challenged antitrust violations. When Visa was unable to require banks to choose between Visa and MasterCard, most banks chose to be members of both and...
Banks await Wal-Mart anti-trust case outcome with trepidation. (Comment).(suit against MasterCard, Visa)(Brief Article)
- 2002-07-01
Whatever the outcome of the anti-trust case pitting Wal-Mart against MasterCard and Visa, the banks should reassess their retail payment strategies Whatever the outcome of the anti-trust case pitting Wal-Mart against MasterCard and Visa, the banks should reassess their retail payment strategies
Is it a carve-up?(antitrust vs.credit-card competition)(Brief Article)
- 2000-06-17
New York The credit-card industry stands accused of stifling competition FIFTY years after the credit card was invented in Manhattan, its popularity knows no bounds. But the structure of the industry supplying credit and other charge cards faces unprecedented scrutiny. This week,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| W. Roy Dunbar | President, Global Technology and Operations |
| Alan J. Heuer | COO |
| Arthur D. Kranzley | Chief eBusiness Officer & Executive Vice President |
| John de Lavis | Chief Prod Officer & Executive Vice President |
| Christopher D. Thom | Senior Executive Vice President, Global Development |
| G. Henry Mundt | Executive Vice President, MasterCard Advisors |
| Barbara Coleman | Vice President |
| Joanne Trout | Vice President |
| Louise Herbert | Assoc Vice President |
| Marcus Molina | Vice President |
| Nicole Risafi | Vice President |
| Vicki Morley | Vice President |
| Aparna Mohan | Director, Conferences |
| Jon Schwartz | Director, Conferences |
| Marc Levy | Director, Marketing Communications, Global |
| Tristan Jordan | Director, Conferences |
| Amy Fuller | Group Executive, Marketing, Americas |
| Ayde Ayala | Coordinator, Public Relations & Communications, Global |
| Gary Flood | General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mark W. Begor | Board of Directors |
| Richard D. Fairbank | Global Board of Directors |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | President, Global Technology and Operations | Current |
| Electronic Data Systems Corporation | Board of Directors | Current |
| Eli Lilly and Company | Chief Information Officer | Former |
| Organization | Position | Status |
|---|---|---|
| MasterCard Inc. | COO | Current |
| MasterCard International, Inc. | COO | Current |
| MasterCard Inc. | Vice Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Chief eBusiness Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Chief Prod Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard Inc. | Chief Risk Officer | Current |
| MasterCard International, Inc. | Senior Executive Vice President, Global Development | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Executive Vice President, MasterCard Advisors | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Vice President | Current |
| MasterCard Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Assoc Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Vice President | Current |
| MasterCard Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard Inc. | Director, Conferences | Current |
| MasterCard International, Inc. | Director, Conferences | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Director, Conferences | Current |
| MasterCard Inc. | Director, Conferences | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Director, Marketing Communications, Global | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard Inc. | Director, Conferences | Current |
| MasterCard International, Inc. | Director, Conferences | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Group Executive, Marketing, Americas | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard International, Inc. | Coordinator, Public Relations & Communications, Global | Current |
| Organization | Position | Status |
|---|---|---|
| MasterCard Worldwide Incorporated | President | Former |
| St. John's University | Bachelor's Degree In Marketing | Current |
| MasterCard International, Inc. | General Counsel | Current |
| MasterCard Inc. | President, Global Accounting Management | Former |
| MasterCard Worldwide Incorporated | Executive Vice President of Global Account Management | Former |
| St. John's University | Bachelor's Degree In Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| General Electric Company | President & Chief Executive Officer, GE Money Americas | Current |
| GE Money | President & Chief Executive Officer, Americas | Current |
| MasterCard International, Inc. | Board of Directors | Current |
| St. Luke's School | Board of Directors | Current |
| Kids In Crisis | Board of Directors | Current |
| GE Money | Chief Operating Officer | Former |
| NBC Universal, Inc. | Executive Vice President, Chief Financial Officer & Head, Business Development | Former |
| GE Plastics | Chief Financial Officer & Business Development Leader, in Singapore | Former |
| General Electric Company | Head, Investor Communications | Former |
| Rensselaer Polytechnic Institute | MBA | Former |
| Syracuse University | Bachelor's Degree | Former |
Mr. Fairbank began his career in 1981 with Strategic Planning Associates, spending a total of seven years consulting in different industries. Based on his belief that information and technology would change the world of consumer marketing, Mr. Fairbank developed the idea that would ultimately become the hallmark of Capital One®—its Information Based Strategy (IBS). IBS combines the power of information, technology and testing to bring customized solutions to consumers. Mr. Fairbank recruited fellow SPA consultant, Nigel Morris, to help find a sponsor for IBS in the credit card industry. In 1988, Richmond, Virginia-based Signet Bank agreed to implement the strategy. In 1994, Signet decided to spin-off its credit card business as Capital One Financial Corporation, and Mr. Fairbank became Chairman and Chief Executive Officer of Capital One. Capital One rapidly became one of the largest credit card issuers in the United States. Over the years, Capital One expanded into new products and markets and created one of the most recognized brands in the United States. Today, Capital One is a diversified Fortune 500 company with nearly 50 million accounts world-wide offering a wide variety of financial services, including credit cards, auto loans, installment loans, small business loans, home equity loans, and savings products. Throughout his career, Mr. Fairbank has received many honors and awards including being named "Best CEO" in specialty finance by Institutional Investor magazine and "Business Leader of the Year" by Washingtonian Magazine. Since February 2004, Mr. Fairbank has served as a Director on MasterCard International's Global Board of Directors. Prior to that, Mr. Fairbank served on the U.S. Region Board of Directors of MasterCard from March of 1995 until February 2004, serving as its Chairman from March of 2002 until February of 2004. Mr. Fairbank graduated from Stanford University with a degree in economics and received an MBA from the Stanford Graduate School of Business.
| Organization | Position | Status |
|---|---|---|
| Capital One Financial Corporation | Founder & Chief Executive Officer | Current |
| Capital One Financial Corporation | Chairman | Current |
| MasterCard International, Inc. | Global Board of Directors | Current |
| Capital One Financial Corporation | President | Former |
| Capital One F.S.B. | Chairman | Former |
| Stanford University | Graduate | Former |
| Stanford Graduate School of Business | MBA | Former |
| Stanford Graduate School of Business | Degree In Economics | Former |
Executive News
-
FACTBOX-Bailed-out banks paid execs handsomely in 2008
-
Wall Street's Generous Banks
-
Lockheed Martin CEO tops highest paid list
-
Capital One Copes as Clients Kick Habits
-
Credit-card industry faces uncertainty as reforms loom [Richmond Times-Dispatch, Va.]
Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
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Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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