Hacker NewsSep 24, 2024
DOJ accuses Visa of monopoly that affects price of 'nearly everything’
https://www.cnbc.com/2024/09/24/doj-accuses-visa-of-debit-network-monopoly-that-impacts-price-of-nearly-everything.html
#ycombinator #Block_Inc #PayPal_Holdings_Inc #Apple_Inc #Discover_Financial_Services #Joe_Biden #American_Express_Co #Mastercard_Inc #Business #Breaking_News_Business #United_States #Visa_Inc #breakingNewsGlobal #Investment_strategy #Breaking_News_Investing #Banks #Breaking_News_Markets #business_news
Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.

CNBC
 Hacker NewsJul 4, 2024
Thousands ofAmericans got caught in fintech and lost access to bank accounts
https://www.cnbc.com/2024/07/02/synapse-fintech-fdic-false-promise.html
#ycombinator #Personal_finance #Business #FedEx_Corp #Securities_fraud #Walt_Disney_Co #PayPal_Holdings_Inc #Block_Inc #JPMorgan_Chase_Co #Breaking_News_Markets #Banks #Breaking_News_Investing #Investment_strategy #Venture_capital #Technology #FinTech #General_Motors_Co #LendingClub_Corp #business_news
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

The Synapse collapse has revealed fintech's promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.

CNBC