#DOJ sues to block Visa’s .3B purchase of fintech firm Plaid

#DOJ sues to block Visa’s $5.3B purchase of fintech firm Plaid

“#DOJ sues to block Visa’s $5.3B purchase of fintech firm Plaid” The Department of Justice sued payment processing giant Visa on Thursday to block the company’s purchase of financial technology startup Plaid, calling it a monopolistic takeover of a potential competitor to Visa’s ubiquitous payments network. The lawsuit, filed in the Northern District of California,…

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# Visa powers one more crypto card amid ongoing antitrust charges

# Visa powers one more crypto card amid ongoing antitrust charges

“# Visa powers one more crypto card amid ongoing antitrust charges ” As technology titans in the United States capture a larger part of their industries and beyond, regulators and governments have become increasingly concerned about their extensive power and influence.  Indeed, Facebook, Twitter and Google’s parent company Alphabet all appeared before a Congressional antitrust…

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# Former Visa exec joins Crypto.com to drive Latin American market

# Former Visa exec joins Crypto.com to drive Latin American market

“# Former Visa exec joins Crypto.com to drive Latin American market ” The cryptocurrency industry welcomes another high-profile executive from traditional finance. Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market. According to an Oct. 28 blog post,…

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