2024-06-04 | Industry Dynamics
Digital Bank Monzo Achieves First Profit Ahead of IPO
British digital bank Monzo has announced its first annual profit on Monday, a key achievement ahead of its planned IPO.
2024-06-04 | Industry Dynamics
British digital bank Monzo has announced its first annual profit on Monday, a key achievement ahead of its planned IPO.
2024-03-27 | Industry Dynamics
Today’s News Visa and Mastercard have reached a groundbreaking USD 30 billion settlement aimed at curbing credit and debit card fees for merchants, potentially leading to reduced costs for consumers over the next five years, marking one of the largest antitrust settlements in U.S. history. While some critics argue that the agreement may not provide […]
2023-12-14 | Industry Dynamics
Today’s News In a significant blow to Visa and Mastercard, British regulators are planning to reimpose a cap on card fees applied to transactions between the U.K. and the European Union. This move comes as a response to the duopoly’s substantial increase in charges on businesses, amounting to more than fivefold since the Brexit transition. […]