Tag: Visa
Visa, Mastercard ATM Suits Get Class Certification
A consolidated case against Visa and Mastercard over allegedly excessive ATM access fees will proceed as a class action, after a federal judge in...
Visa To Buy Swedish Fintech Tink For More Than $2B
According to the Wall Street Journal, Visa agreed to pay more than US$2 billion for Tink, a Swedish startup whose digital services connect more...
Suit Claims Visa, MasterCard Are Fixing Prices On Square Fees
Visa and MasterCard are facing a new, proposed class action from small business owners who allege the credit card giants conspired with banks to...
Tala, Visa Team UP On Crypto For Emerging Markets
Call it an ignition play for cryptocurrency — specifically, making crypto spendable, not just a store of value — across borders with the unbanked...
Visa Will Increase Interchange Fees On EU-UK Transactions
Visa is preparing to increase the fees it charges on behalf of banks on transactions between the United Kingdom and European Union countries beginning...
DOJ Probes Visa Over Possible Anticompetitive Card Practices
Visa shares dropped sharply in midday trading Friday after a report said the Justice Department has opened an investigation into its debit card business...
Australia Accepts Visa Commitment To Address Competition Concerns
The ACCC (Australian Competition & Consumer Commission) has accepted a CEU from Visa in relation to concerns that it may have limited competition in...
Visa & Plaid Call Off $5.3B Merger
Visa and financial-technology startup Plaid announced Tuesday that they’ve terminated their plans to merge following antitrust pushback from the Department of Justice, reported The Wall...
Visa Is Doing What Big American Companies Do to ‘Protect This...
By The Editorial Board, New York Times
Visa dominates the lucrative business of processing debit card transactions. Merchants must choose between paying the financial services company’s fees or...
The DOJ files Antitrust Suit Over Visa’s $5.3B Plaid Buy
The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed US$5.3 billion acquisition of Plaid, reported the Wall Street Journal.
News of the DOJ’s investigation...
