​​​​​​​Visa, MasterCard To Pay Combined $199.5M In Fraud Risk Suit

By Dorothy Atkins ( October 14, 2025, 6:48 PM EDT) -- Visa Inc. and MasterCard International Corp. have agreed to pay a combined $199.5 million to resolve a nearly decade-old certified class action accusing the credit card giants of conspiring to dump fraud risk costs on merchants, according to documents filed in New York federal court....

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