Visa & Mastercard execs grilled by senators on high swipe fees
The Senate Judiciary Committee convened on Tuesday for a hearing on the alleged Visa–Mastercard “duopoly,” which committee members from both…
Mastercard to buy subscription management startup Minna Technologies
BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress…
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…
Visa debuts a new product designed to make it safer to pay directly from your bank account
Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit…
Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures
Swedish climate-focused financial technology startup Doconomy told CNBC on Thursday that it’s raised 34 million euros ($36.9 million) from leading…
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year…
Jamie Dimon on Capital One’s $35.3 billion Discover acquisition: ‘Let them compete’
JPMorgan Chase CEO Jamie Dimon isn’t worried about the added competition from a bulked-up Capital One if its $35.3 billion…
