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Most Banks Agree To The Visa/TJX Deal

Written by Evan Schuman
December 21st, 2007

“More than 95 percent” of the Visa-issuing banks have agreed to a multi-million settlement worked out between Visa and TJX, TJX announced late Thursday.

The announcement—which came one day after the deadline for the banks to accept and two days after TJX had negotiated separate settlements with other banks suing them—cleans up some of the last remaining loose threads from the TJX case. Read more.

Posted in IT Strategy/Industry, Mobile/Wireless/Contactless, Payment Systems, Security/Fraud
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