New Visa payment security services help defend against evolving threats

New Visa payment security services help defend against evolving threats. Visa announced a suite of innovative security capabilities to help prevent and disrupt payment fraud, breaking new ground in cybersecurity and fraud prevention. The new payment security services and capabilities help protect the integrity of the payments ecosystem by detecting and disrupting fraud threats targeting…

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Visa and MasterCard agree to settle swipe fee class action for $6.2 billion

Visa and MasterCard agree to settle swipe fee class action for $6.2 billion. Visa and MasterCard, along with some top US banks, have agreed to pay as much as $6.2 billion in a class action settlement with US retailers over swipe fees. The settlement ends a 13-year old suit brought by the nation’s leading merchants, which claimed that Visa…

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