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Visa acquires European Open Banking platform Tink
Visa announced it has signed a definitive agreement to acquire Tink, a European Open Banking platform. Visa will pay total financial consideration of €1.8 billion, inclusive of cash and retention incentives.... read more
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Visa facing DOJ antitrust investigation over Debit cards
Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more
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Visa follows suit and raises interchange fees for UK card holders
Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more
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Visa CEO say network ready to back Crypto assets
Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... more
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Visa and Plaid agree mutual termination of merger agreement
Visa and Plaid have announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The... more
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