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A credit-card settlement that could save businesses billions was dealt a big blow. Here's what happens next and what businesses need to know.
A judge rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants accepting their credit and debit cards.
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.
Apple, Mastercard, and Visa have managed to get a lawsuit dismissed claiming that the three companies conspired to inflate ...
A U.K. judicial body says the card networks have breached competition laws, while Belgian regulators are examining Wordline ...
The ruling also says that Apple denied ever having plans for its own payment network, claiming the plaintiff’s argument it could do that was insufficient. Visa and Mastercard also denied that Apple ...
Victory for Scott + Scott in merchants' challenge following earlier settlement by Stephenson Harwood-advised claimants ...
Still, displacing card networks won't be easy, especially in the US, where consumers are used to rewards, fraud protection ...
A digital payment battle is brewing as tech firms and crypto startups challenge Visa and Mastercard's dominance. Stablecoins, ...
The UK's Competition Appeal Tribunal has ruled that Visa and Mastercard's multilateral interchange fees charged to retailers ...
Visa and Mastercard shares fell by about 5% as investors became nervous about the possibility that stablecoins could destroy traditional p ...
Mastercard has similar partnerships with MetaMask, Kraken, and others. These products let consumers spend stablecoins while merchants receive local fiat, preserving Visa and Mastercard’s transaction ...
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