Card network ‘has unlawfully amassed the power to extract fees that far exceed what it could charge in a competitive market,’ ...
Durbin and Marshall further used the announcement of the suit as an opportunity to urge passage of their Credit Card ...
The U.S. Department of Justice’s 70-page complaint accusing Visa Inc. of monopolizing U.S. debit networks goes into great detail about the company’s pricing strategies and attempts to get merchants ...
Visa's stock dropped 5% after reports of DOJ preparing to sue for monopolizing debit-card market. This comes after Google's ...
Italy's UniCredit won't seek a seat on Commerzbank's supervisory board despite a recent move to become the German bank's biggest shareholder, UniCredit's chief executive said Wednesday.
U.S. shoppers are expected to spend a record $18.5 billion using third-party buy now, pay later services for holiday ...
The U.S. DOJ has sued Visa for anticompetitive practices in debit card networks, which it says penalize merchants that try to ...
In the ever-evolving world of banking technology, customers now have the luxury of depositing cash directly into their ...
Visa shares will likely remain in focus on Wednesday after slumping more than 5% yesterday following news that the U.S.
See how we rate banking products to write unbiased product reviews. It's a frustrating experience when your debit card is declined, especially when you know there's money in your bank account happily ...
The complaint says Visa penalizes merchants and banks who don’t use Visa’s payment processing technology to process debit ...
US sues Visa, saying the card issuer monopolized debit card markets and is driving up costs for businesses and consumers.