The deal is a key step in Visa keeping pace with rival Mastercard in the open banking market.

Forbes contributors publish independent expert analyses and insights. Building a platform to do the job of 1 million analysts Stablecoins represent a segment of cryptocurrencies aimed at maintaining a ...

Mastercard is downgraded to "Hold" as its growth premium over Visa has narrowed to multi-year lows. MA's historical advantages in value-added services and payment volumes are now matched or surpassed ...

Forbes contributors publish independent expert analyses and insights. Tor Constantino is an ex-reporter, turned AI consultant & tech writer. A new era of intelligent, autonomous shopping is quickly ...

Visa and Mastercard are offering to lower the fees they charge merchants to accept their credit cards to settle 20 years of litigation, but some merchant groups say it's all "smoke and mirrors" and ...

Visa and Mastercard announced Monday that they reached a proposed settlement that would lower charges that merchants pay to the credit card networks. While those fees are paid by the store every time ...

A credit card is, effectively, a revolving credit facility for individual consumers. That credit line is extended by the banks issuing credit cards. Credit card companies like Visa and Mastercard are ...