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  • Regulation
  • Payment
  • Players’ Strategy
  • United States

Visa would cease its Open Banking activity in the United States

Faced with the current political pressure, Visa would have decided to close down its open banking activities in the United States, citing regulatory uncertainties and the prospect of increased costs for access to customer data. This information has not yet been officially confirmed by the US payment giant, but comes from a source relayed by Bloomberg.

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