Morning Scan: Home Depot Plays Chip Card in Suit vs. Card Networks

06/16/16

Receiving Wide Coverage…

No Rate Hike. Wall Street Journal, New York Times, Financial Times, Washington Post.

Eternal Feud: It's the banking sector's version of the Hatfields and the McCoys: the merchants and the card companies are at it again. And this time, there's a tech twist.

Home Depot has filed an antitrust lawsuit against Visa and MasterCard, charging that retailers pay too much on transactions from debit and credit cards and that the card issuers are in cahoots...

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