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SHARE Visa Inc. today abandoned its $5.7 billion acquisition of financial technology startup Plaid Financial Inc. following a lawsuit from the U.S. Department of Justice challenging the deal on antitrust grounds. The deal was announced in January 2020 and the Justice Department was first reported to be investigating the acquisition in October. The probe resulted in the department announcing in November that it was suing Visa on the grounds that the deal amounts to an attempt to eliminate a nascent competitive threat in violation of both the Sherman Antitrust Act and the Clayton Antitrust Ac...

At 23.5% CAGR, Asia-Pacific Digital Remittance Market Anticipated to Reach $269.78 Billion By 2026 | Recent Developments Asia-Pacific Digital Remittance Market PORTLAND, OREGON, UNITED STATES, January 9, 2021 /EINPresswire.com/ -- Allied Market Research published an exclusive report, titled, “Asia-Pacific Digital Remittance Market By Remittance Type (Inward Digital Remittance, and Outward Digital Remittance), and Remittance Channel (Banks, Money Transfer Operators (MTOs), and Others): Opportunity Analysis and Industry Forecast, 2019-2026”. The Asia-...