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Stock Market & Financial Investment News

News Breaks
February 26, 2014
06:12 EDTVEU makes Visa Europe's commitments to cut MIFs legally binding
The European Commission has rendered legally binding the commitments offered by Visa Europe to significantly cut its multilateral interchange fees, or MIFs, for credit card payments to a level of 0.3% of the value of the transaction -- a reduction of about 40 to 60% -- and to reform its rules in order to facilitate cross-border competition. The Commission continues the proceedings against Visa Inc. in relation to international inter-bank fees. These are the fees that apply when a card holder from outside the Visa Europe territory uses his Visa credit card to make a purchase at a merchant in the EEA. These fees are set by Visa Inc. and not by Visa Europe. Reference Link
News For V From The Last 14 Days
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September 3, 2015
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06:55 EDTVFireEye to announce expanded partnership with Visa, says Piper Jaffray
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September 2, 2015
17:47 EDTV, VCLSA starts PayPal at Underperform, says no Visa or MasterCard
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September 1, 2015
10:56 EDTVRBC Capital to hold a bus tour
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August 20, 2015
14:07 EDTVVisa bounces higher after Sky News report of European merger
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13:22 EDTVVisa mulls $21B bid to merge U.S., European units, Sky News reports
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08:20 EDTVVisa management to meet with Pacific Crest
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