Two companies, Mastercard and Visa, have a near-monopoly on this process, as the credit card companies together control more than 80% of the market for card purchases, NYT reported.

From mortgages and rents to credit cards, auto loans and even job applications, FICO’s credit scoring can make or break your ...

American Airlines is in talks to make Citigroup its exclusive credit card partner, dropping rival issuer Barclays from a partnership that dates back to the airline’s 2013 takeover of US Airways ...

The U.S. Department of Justice on Tuesday said it filed a lawsuit against the credit card giant alleging that Visa is a monopoly, enabling it to block rivals from introducing lower-priced debit ...

The U.S. Department of Justice has filed a lawsuit against Visa, alleging the company maintains an illegal monopoly over debit cards, while Senators Durbin and Marshall have introduced a bipartisan… ...

The Justice Department sued Visa on Tuesday, accusing the credit card company of illegally maintaining a monopoly over the debit market. The DOJ argues that Visa has limited competition by ...

U.S. Accuses Visa of Monopoly in Debit Cards. ... administration recently faced a setback when a move by the Consumer Financial Protection Bureau to cap late fees on credit card payments at $8 a ...

The Justice Department filed a lawsuit against Visa on Tuesday, alleging the financial services giant used its clout to maintain a monopoly over the U.S. debit card market.

Two companies, Mastercard and Visa, have a near-monopoly on this process, as the credit card companies together control more than 80% of the market for card purchases, NYT reported.