Visa and MasterCard to face litigation on antitrust charges. The National ATM Council, a group representing operators of automated teller machines (ATMs), filed a lawsuit against Visa and MasterCard accusing the credit and debit card issuers of violating antitrust laws by fixing the price of ATM access fees, the Huffington Post reported. The lawsuit was…
New Edge Networks
New Edge Networks New Edge Networks is building a network of direct connections to various back-office online solutions providers including payment processors, payroll services, health benefits management companies, IT help desks, kiosks, digital video display or monitoring services and ATM network providers. By using direct connections to pre-determined suppliers, retailers avoid installing and paying for…