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Going to Legal Bat(tle) Over EMV

Going to Legal Bat(tle) Over EMV

We knew this was going to happen. It was just a matter of when a merchant or merchants would take legal action pertaining to the EMV liability shift, where it would happen, and what the claim would be.   Last week was the “when.” Now here’s the “who” and the “what” of...
Visa ‘Cops’ to Bigger Stake in Square

Visa ‘Cops’ to Bigger Stake in Square

We’re not going to start off this blog with any more references to Visa’s famous, “Everywhere you want to be” slogan, as we did last week. But it seems that Visa is indeed everywhere, given the announcement it made on February 11. No, not another tool for developers...

Wall Street Pulls the Strings

Banks remain key clients, but ultimately Visa and MasterCard must serve the interests of major investors. Can they pull that off while warring with merchants over fees? “Neither MasterCard nor Visa is a technology company. They are networks that rely on technology...