Tech

Amazon halts plan to ban Visa credit cards in UK

Enlarge (credit: Leon Neal | Getty Images) Amazon . com has halted a plan to ban customers using UK-issued Visa for australia credit cards from this week, as the companies work on a “potential solution” to a rancorous dispute that threatened to severely disrupt shoppers. The world’s largest online retailer announced the proposed ban in […]

Business

In a first for the crypto industry, Visa-backed Anchorage gets a federal bank charter

A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter from the Office of the Comptroller of the Currency. Wonky and technical as it sounds, the news is a significant milestone for the burgeoning crypto industry, since it provides a legal green light for big […]

Business

Why Visa and Plaid called off their $5.3 billion fintech deal

One year after Visa announced its agreement to buy fintech startup Plaid, the companies on Tuesday walked away from the deal amid regulatory opposition that threatened to hold up the merger for years. The proposed $5.3 billion deal was one of the fintech industry’s largest in history, and preceded a flurry of other mergers by […]