Your Credit Card Might Not Work at Walmart or Target Anymore ...

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 ...