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antitrust regulators are investigating Visa and Mastercard about their debitcard policies, Bloomberg reported on Thursday (Nov. The Federal Trade Commission (FTC) is talking to large merchants to discover if some retailers are being blocked from routing digital payments over alternative debitnetworks, sources told Bloomberg.
In today’s top news, DoorDash keeps growing and Visa and Mastercard face big questions over their debitcard programs. FTC Probing Visa, Mastercard About DebitCard Practices. Three billion credit and debitcards. And investors seek late-stage investments. DoorDash Adds Another $100M To $2B Coffer.
PULSE , the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers. billion debitcard transactions in 2018.
In fact, there are two areas where it can excel: debit routing and fraud prevention. In this article, well look at the first one – how AI can help save your business money through debitcard interchange optimization. Which businesses benefit the most from AI debit routing for cost savings? But which network?
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