Visa changes mean Americans will carry fewer credit, debit cards …
May 15, 2024 · Visa has announced major changes to how its credit and debit cards will operate in the U.S. Features in the works will lead to Americans to carry fewer physical cards in their …
Six US Banks Issue Urgent Debit Card Alerts, Forcing Mandatory ...
Nov 15, 2024 · Six US banks are reporting potential security breaches of debit cards, with several forcing affected customers to get replacements.
Visa ‘stands to lose the most’ from Fed’s new debit-card rules, …
Oct 5, 2022 · Newly solidified Federal Reserve guidelines on debit-card routing could have some impact on the financial performance of payment-technology companies, but the latest rules …
Biden DOJ slaps Visa with antitrust suit over debit card dominance
Sep 24, 2024 · The Justice Department on Tuesday sued Visa, accusing the payments giant of illegally monopolizing the U.S. market for debit cards, stomping out rivals and inflating fees …
DOJ files antitrust suit against Visa over debit card business - NPR
Sep 24, 2024 · 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 …
Visa monopolizes debit cards, hurting consumers and ... - CBS News
Sep 24, 2024 · Federal antitrust enforcers are accusing Visa of using its market dominance in payments to stifle competition in the debit card market, raising costs for consumers and …
Merchants, banks spar over Fed’s debit card fee proposal
5 days ago · The central bank proposed in October 2023 to reduce the base debit interchange fee card issuers can charge by about 30% to 14.4 cents from 21 cents, per a memo produced by …
Debit Cards | US News
Oct 11, 2024 · Capital One and Discover, known for their focus on the nonprime market, are aiming to merge in 2025. When traveling internationally, be aware of the assorted fees you …
U.S. Accuses Visa of Monopoly in Debit Cards - The New York Times
Sep 24, 2024 · Visa is a very big middleman: It processed $3.8 trillion in U.S. debit transactions in the year through June, generating over $7 billion in processing fees per year, the Justice …
US accuses Visa of debit card monopoly - BBC News
Sep 24, 2024 · The US has filed a lawsuit against Visa, accusing the financial giant of illegally stifling competition to maintain a monopoly over the debit card market. It said Visa had …