10:40 AM EDT, 08/22/2025 (MT Newswires) -- Visa (V) has shut down its open-banking business in the US due to uncertainty around consumer-data rights and the prospect of higher fees for customer information, Bloomberg reported Friday, citing people familiar with the matter.

Visa did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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