Credit Cards

Sen. Josh Hawley Presses Visa and Mastercard on Profit Margins

7Jan

By NowThis Impact44 Comments

News & Events

Sen. Josh Hawley Presses Visa and Mastercard on Profit Margins

Visa and Mastercard executives revealed a revenue margin of over 50%. Sen. Josh Hawley (R-MO) grilled representatives from the bank card corporations for not negotiating decrease interchange charges for small companies as they do with massive companies. 'That is traditional, traditional monopolistic conduct,’ he mentioned on the bipartisan Senate Judiciary Committee listening to on a invoice that will decrease the price of interchange charges and create extra networks to deal with bank card transactions. Committee Chair Dick Durbin (D-IL) mentioned of the listening to, ‘That is an odd grouping. Essentially the most conservative and essentially the most liberal members occur to agree that we now have to do one thing about this case.’ » Observe NowThis Influence on Bluesky: https://bsky....

Visa SUED for BILLIONS: Will Debit Cards Disappear for 188 Million Americans?

19Nov

By ThisisJohnWilliams46 Comments

News & Events

Visa SUED for BILLIONS: Will Debit Cards Disappear for 188 Million Americans?

A Shopper Credit score and Lending Crunch is Coming to America to the likes wherein we have NEVER Seen!

Free Credit score Restore Technique Session

-- https://greatcreditfast.com/schedule-your-consultation/ Are you questioning how one can repair your credit score within the shortest time period doable? Maybe you need nice credit score quick with the intention to purchase a rental property, home, automobile or get enterprise funding. If that's your purpose, look no additional than GreatCreditFast.com - schedule a name on our web site. We provide a FREE credit score restore session and can evaluate your reviews, reply questions and inform you what the method will appear like in your particular circumstance and roughly how lengthy it is going to take. Let's Join: X: @johnwi...

Visa Stock Falls After DOJ Lawsuit, Nancy Pelosi Sold Again

11Nov

By Dividend Data37 Comments

News & Events

Visa Stock Falls After DOJ Lawsuit, Nancy Pelosi Sold Again

My Free Publication: https://dividenddata.beehiiv.com/subscribe?utm_source=youtube

The Greatest Stock Analysis Instrument: https://www.dividenddata.com/ At the moment, the US Division of Justice introduced a lawsuit alleging that Visa is a monopolist. They declare that the corporate has been concerned in anti-competitive techniques to regulate the debit transactions market. Following the information, Visa inventory fell 5.49%. This lawsuit comes after Nancy Pelosi bought $1 million of Visa inventory only a few months in the past. Humorous how that continues to occur. My Hyperlinks: Merch Retailer: https://store.dividenddata.com/ Comply with on X: https://x.com/dividend_data Pay attention on Spotify: https://open.spotify.com/present/4dBCd8IWgBYJgrbI2zROPR?si=084da0648e694103 Help on...

Why the Justice Department says Visa has monopoly over debit playing cards

29Oct

By CBS News32 Comments

News & Events

Why the Justice Department says Visa has monopoly over debit playing cards

The Justice Department sued Visa on Tuesday, accusing the bank card enterprise of reaping massive earnings by shutting out rival fee processors and passing on prices to shoppers. CBS Information authorized contributor Jessica Levinson joins to unpack the antitrust allegations and what they might imply for the credit score large. CBS Information 24/7 is the premier anchored streaming information service from CBS Information and Stations that's obtainable free to everybody with entry to the web and is the vacation spot for breaking information, reside occasions, authentic reporting and storytelling, and packages from CBS Information and Stations' high anchors and correspondents working regionally, nationally and across the globe. It's obtainable on greater than 30 platforms throughout cellu...