Payments News Update – January 14, 2021
Legal and Regulatory Developments
SPOTLIGHT: Visa Will Not Acquire Plaid After Running Into Regulatory Wall
TechCrunch – January 12, 2021
Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. The deal, valued at $5.3 billion at the time of its announcement, first broke cover on January 13, 2020, or nearly one year ago...