Tag: Visa
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.
DOJ Raises Concerns With Visa’s $5.3B Plaid Deal
Visa’s US$5.3 billion deal to buy fintech startup Plaid is facing antitrust scrutiny at the US Justice Department, the Wall Street Journal...
Visa Wins UK Approval For $5.3B Plaid Takeover
The UK’s Competition and Markets Authority (CMA) has given the green light to Visa’s US$5.3 billion takeover of fintech data-sharing firm Plaid,...
Mastercard, Visa Face Payouts After UK Court Case
The UK’s top judges ruled in favor of retailers including J Sainsbury in a blow to credit-card companies that could now face...
UK Supreme Court Rules Mastercard, Visa Violated Anti-Competition Laws
Two of the world’s largest credit card companies have lost their bid to assess fees on retailers in the United Kingdom.
UK Watchdog Considers Probe On Visa’s Acquisition of Plaid
The UK's Competition and Markets Authority announced on Tuesday, June 16, that it is considering whether Visa's agreed acquisition of fintech startup...
Are Payment Card Systems’ Multilateral Interchange Fees Anticompetitive by Object under...
By Csongor István Nagy (University of Szeged)1
I. Background
Hungarian banks fixed the interchange fee to be used in the two major payment card systems (MasterCard...
US: Visa, Mastercard draw FTC inquiry over debit card transactions
The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa and Mastercard for possibly prohibiting merchants from using other debit...
Nigeria: Interswitch sells stake to Visa
Visa will buy a stake in Nigerian payments platform Interswitch, creating “an instant acceptance network across Africa” that will help drive expansion,...
US: Visa, Plastiq team on supplier payments
Commercial bill pay company Plastiq has announced that starting on Wednesday, August 21, US Visa commercial cardholders will be able to use the Plastiq...
