HomeFinTechMastercard Pays $26 Million to Settle Class Action Suit Over Gender and...

Mastercard Pays $26 Million to Settle Class Action Suit Over Gender and Race Bias

Date:

Zopa Set to Launch Current Accounts After Second Profitable Year

Innovative Financial Technology Firm Expands Offerings to Enhance Customer...

Standard Chartered Makes History as First Bank to Join Temenos Partner Programme

A Groundbreaking Move in Banking Technology and Partnership Dynamics Highlights:...

Revolut’s Juggernaut: $1.4 Billion Profit Reported for FY24

A Deep Dive into Revolut's Financial Surge and Future...

Key Settlement Reflects Growing Accountability in Corporate Practices

Highlights:

  • Mastercard agrees to a $26 million settlement in a class-action lawsuit alleging gender and race discrimination.
  • The settlement highlights the increasing awareness and accountability regarding workplace biases.
  • Funds from the settlement will be distributed to affected employees, signaling a commitment to equity.

Mastercard’s $26 million settlement for a class-action lawsuit underscores the critical issue of workplace discrimination based on gender and race. This significant payment aims to rectify past injustices and promote a more equitable work environment. As corporate accountability grows, businesses are increasingly held responsible for fostering inclusive workplaces, benefiting all employees involved.

Exit mobile version