Latest Financial technology News

Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets

Sep. 24, 2024 14:48 PM EDT

NEW YORK (AP) — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars. The complaint...

Nayax: Q2 Earnings Snapshot

Aug. 07, 2024 07:51 AM EDT

HERZLIYA, Israel (AP) — HERZLIYA, Israel (AP) — Nayax Ltd. (NYAX) on Wednesday reported a loss of $3 million in its second quarter. On a per-share basis, the Herzliya, Israel-based company said it had a loss of 8 cents. The results did not meet Wall Street...