The Justice Department sued Visa on Tuesday, accusing the company of illegally monopolizing the debit card market and therefore driving up prices for businesses and consumers. The lawsuit, filed in ...
The Federal Reserve and Federal Trade Commission recently proved there is a cop on the beat ensuring that the debit reforms passed by Congress are followed. Processing Content Banks and others have ...
Robinhood Markets Inc on Tuesday launched a new debit card that would allow spare change investing as it looks to expand beyond trading and into more consumer finance verticals, heating up competition ...
Imagine that a gas station was so large in its local area that virtually all motorists had little or no choice but to purchase some of their gas from it. Now imagine that this dominant gas station ...
The ACCC has accepted a court-enforceable undertaking from Visa AP (Australia) Pty Ltd and Visa Worldwide Pte Limited (together, Visa) "in relation to concerns that Visa may have limited competition ...
The debit card is still the prevailing method of payment at the point of sale, market research firm J.D. Power found in a poll of 7,756 consumers about their payment habits and preferences. The study ...
NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit ...
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