Tag: Visa
Visa Cooperates With DOJ Antitrust Probe Into Debit Card Practices
The U.S. Justice Department is continuing its investigation into Visa's debit card practices.
The payments giant is cooperating with the probe, which is "seeking additional documents and...
DOJ Asks For More Info On Visa’s Debit Card Practices &...
On Friday Visa said the antitrust division of the US Department of Justice had issued an investigative demand earlier this month seeking documents and...
FTC Probes Competition In Visa, Mastercard Debit Routing Practices
The Federal Trade Commission (FTC) is reportedly looking into whether Mastercard and Visa's security tokens prevent debit-card routing competition on certain digital payments.
That’s according to a Monday (Oct....
The Unintended Consequences Of Durbin’s Proposed Routing Legislation
It’s a movie that everyone in the payments industry has seen at least once: Merchants challenging the card networks over interchange.
The latest attempt, spearheaded...
UK Questions Visa, Mastercard Cross-Border Fees
Visa and Mastercard pushed back against U.K. regulators examining 2021 cross-border fee hikes, saying the increases were triggered by the U.K.’s exit from the...
Chile’s Competition Tribunal Orders Visa & Mastercard To Alter Payment Practices
Chile´s competition authority, the Tribunal for the Defense of Free Competition (TDLC) has issued a sentence regarding the procedures that will regulate payments systems...
UK Parliament Want Visa, Mastercard To Explain Swipe Fees Hike
On Wednesday (July 13), the Treasury Committee at the UK Parliament sent letters to Visa and Mastercard requesting them to explain their increases in cross-border interchange...
UK Regulator To Review Visa, Mastercard Processing & Swipe Fees
The U.K. Payment Systems Regulator (PSR) published on Tuesday (June 21) details of two market reviews that is planning to conduct later this year...
Settlements OK’ed For Distribution In Credit Card Interchange Fees Class Action
Camp Fiorante Matthews announced today court approval of a plan for the distribution of settlement funds in the Canadian credit card interchange fees action....
Regulatory Compliance Platform W2 Teams Up With Visa UK
Regulatory compliance software platform W2 is teaming up with payments behemoth Visa to offer “enhanced compliance solutions and tools for U.K. Platinum and Infinite...
