Customers are increasingly prioritizing convenience and flexibility in payments, especially as e-commerce flourishes.
This is what was found in a historic landmark case against Visa, Mastercard and some of the biggest banks in the country.
On September 24, 2024, the U.S. Department of Justice ("DOJ") filed an antitrust lawsuit alleging that Visa has abused its dominant position in the debit card market to force businesses to use Visa's ...
At issue is whether Discover's underperforming digital payments network would have the muscle to challenge Visa's dominance ...
The government acknowledges payment volumes are rising, in part because of fintech growth. This competition wouldn’t be ...
Eager to be seen as taking action against the high prices it has helped bring on, the Biden-Harris administration is now ...
But the discussion Wednesday also highlighted the careful balance the DOJ may have to strike. “There absolutely will be inter ...
Visa's Q4 performance shows strong growth in payments volume and value-added services, but faces regulatory challenges over ...
Antitrust watchdogs are expected to continue to scrutinize companies and deals no matter who wins the White House, according ...
Doha Mekki, the No. 2 official in the U.S. Justice Department’s Antitrust Division, said her agency is investigating whether it should take action in the health care space generally, and specifically ...
Despite the dark cloud the U.S. Department of Justice’s recent lawsuit over Visa Inc.’s debit business has cast over the network ... as opposed to paying by check, cash, or card. “A2A payments are not ...
The credit card processing company posted a strong end of its fiscal year, but many headwinds loom over its fiscal 2025.