The Daily Overview on MSN
Revolut, Mastercard, Visa lose major court fight over card fee caps
The United Kingdom has handed its payments watchdog a decisive victory in a closely watched clash with global card schemes ...
London-based fintech had been at forefront of providing an alternative to high charges for cross-border interchange fees ...
Mastercard, Visa and Revolut have lost a legal challenge against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments.
London's High Court has dismissed a legal challenge brought by major payment processors Mastercard (NYSE: MA), Visa (NYSE: V) ...
Arabian Post on MSN
Revolut abandons US bank takeover, pivots to licence
Revolut has shelved plans to buy a United States bank and is instead pursuing a fresh regulatory pathway as it recalibrates its long-delayed push into the world’s largest retail finance market. The ...
Revolut, Mastercard and Visa have lost a legal battle against the UK’s payments watchdog amid plans to introduce a cap on ...
Cryptopolitan on MSN
UK court backs regulator and rejects Revolut, Visa, and Mastercard challenge
The UK High Court just sided with the Payment Systems Regulator (PSR), shutting down a legal challenge from Revolut, Visa, and Mastercard. All three companies were trying to stop a plan that would ...
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