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8 Oct 2020, 8:56 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
16 Apr 2021, 8:43 am by Kristian Soltes
Visa’s Incentives to Banks Examined In Justice Department ProbeBloomberg Law – April 8, 2021 (subscription required) The U.S. antitrust investigation of Visa Inc. is scrutinizing deals the company has with banks to entice them to process more online debit-card transactions over its network — spending that surged amid coronavirus lockdowns. [read post]
23 Jul 2021, 8:38 am by Kristian Soltes
The digital currency might be a “measured path” to combat big tech monopolies, the authors argue. [read post]
3 Jul 2019, 4:06 am by Kristian Soltes
With Its New Installment-Payment APIs, Visa Enters a Crowded But Enticing MarketDigital Transactions News – June 27, 2019 Visa Inc. said on Thursday it is getting into the point-of-sale installment-payment business weeks after rival Mastercard Inc. announced it bought Austin, Texas-based POS credit fintech Vyze Inc. [read post]
31 Mar 2023, 8:40 am by Zak Gowen
That’s according to research released late Tuesday by the payments-technology company ACI Worldwide Inc. [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
The suit is a potentially major blow to the  company just six months after its sale to Visa effectively reset valuation expectations for wealth technology deals. [read post]
10 Jun 2022, 7:22 am by Kristian Soltes
Visa Sees Long Runway With Cash-To-Card TransitionPayments Dive – June 9, 2022 Despite increased use of credit and debit cards and consumer cash use clocking in below 2019 levels, “this idea that the pandemic in some ways has reduced the future opportunity is very flawed,” Prabhu asserted at the Bernstein conference on June 2. [read post]
22 Oct 2013, 7:50 am by Joy Waltemath
The DOL found that CAMO failed to post notices of H-1B visa applications at appropriate work sites 67 times between 2006 and 2009. [read post]
25 Jan 2024, 5:51 am by HR Daily Advisor Staff
Before joining Model N in 2018, Selig led the people functions for high-tech startups, including SnapLogic and Couchbase, and served for many years in global HR leadership roles at Visa, Inc. [read post]
24 Jul 2019, 10:00 am by Kristian Soltes
Justice Department to Open Broad, New Antitrust Review of Big Tech CompaniesWall Street Journal – July 23, 2019 (subscription required) The Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, adding a new Washington threat for companies such as Facebook Inc., Google, Amazon.com Inc. and Apple Inc. [read post]
5 Mar 2022, 9:27 pm by Unknown
Ct. at 2569 (citation omitted); Next Generation Tech., Inc. v. [read post]
17 Dec 2020, 8:04 am by Kristian Soltes
As Digital Payments Heat up, Fiserv Agrees to Acquire Card-Control Technology Provider OndotDigital Transactions News– December 16, 2020 Fiserv Inc. announced Wednesday an agreement to acquire, for an undisclosed sum, Ondot Systems Inc., whose technology includes so-called card controls, or tools that allow cardholders to switch usage on or off according to considerations of security or preferred usage. [read post]
4 Mar 2022, 5:01 am by Raquel Leslie, Brian Liu
Defendants were often charged with lesser infractions like grant fraud, visa fraud, or lying to investigators, but federal prosecutors still painted them as national security threats. [read post]
1 Apr 2021, 8:44 am by Kristian Soltes
The most recent target is Payoneer Inc., which announced its $3.3-billion SPAC merger last month. [read post]
2 Aug 2017, 4:23 pm by Cynthia Marcotte Stamer
 While the new point system is touted as preferring the recruitment of higher skilled workers, it remains to be seen whether the system actually will meet the workforce needs already expressed by a host of hi-tech and other U.S. businesses concerned about immigration reform. [read post]