Visa, Mastercard Likely to Dodge Fee Cap as UK Scraps Regulator
Visa and Mastercard are probably the biggest beneficiaries of the UK government's…
UK Payment Systems Regulator Finds Market Inefficiencies in Card Processing Fees
The Payment Systems Regulator (PSR) has released its final report on the…
Fintech M&A Misfortunes Have Lessons for Crypto and AI
Last week, Fidelity National Services (FIS) agreed to sell a majority stake…
FTC Orders Mastercard to Cease Blocking Competing Networks
In a significant development for the payment card industry, the Federal Trade…
Visa-Tink Boosts Open Banking in Europe As Competitive Pressure Looms
On March 10, Visa announced that it completed its acquisition of Tink,…
EU Wants to Keep $139 Trillion Market For EU Firms
Nexi, Worldline and other European PayTech companies may be in a better…
Visa, Mastercard May Face Hurdles to Grow Through M&A
The failed attempt by Visa to buy Plaid may indicate a bigger…
Mastercard’s $19 Billion Suit May Be The First U.K. Class Action To Be Certified
Mastercard can't shake off a $19 billion consumer class action in the…
UK’s CMA Clears $5 Billion Visa-Plaid, Lures Companies Into FinTech M&A
Visa's $5 billion acquisition of Plaid was unconditionally cleared by the U.K.'s…
MasterCard’s Swipe Fees: Nobody Knows What’s The Right Fee
MasterCard is defending at least 20 damage claims totalling about $2 billion…