MCINERNEY RYAN sold $2.2M of V

Visa and Mastercard have agreed to a $167 million settlement to reimburse customers for ATM access fees. The settlement covers withdrawals from late 2007 to mid-2026, with the amount depending on the number of claims. Customers have until February 2027 to file a claim.

Visa and Mastercard agreed to a $167.5M settlement for a lawsuit alleging their rules kept ATM fees high. Eligible claimants are those who paid ATM fees at independent ATMs in the U.S. between 2007 and 2026. The settlement awaits court approval.

Visa and Mastercard agreed to a $167 million settlement over allegations of restricting ATM access fees, affecting users between 2007 and 2016. Eligible users can file claims by February 2027. The companies deny wrongdoing.

Visa and Mastercard agreed to a $167 million settlement over allegations of improperly restricting ATM access fees, affecting independent ATM operators. The settlement covers withdrawals from late 2007 to mid-2026, with claims due by Feb. 10, 2027. The companies deny wrongdoing but agreed to resolve the litigation.

Visa and Mastercard agreed to a $167.5 million settlement in a class action lawsuit alleging they prevented lower ATM fees. Eligible users who paid fees between 2007 and 2024 may claim compensation. Visa will pay $88.8 million, Mastercard $78.7 million, with funds also covering legal costs. The final hearing is set for February 2027.

The Federal Reserve raised the benchmark rate to 3.75%-4%, with more hikes expected. Visa (V) and Wells Fargo (WFC) are highlighted as stocks that may perform well in this environment. Visa's transaction fees benefit from economic activity and inflation, while Wells Fargo's net interest income is up, with full-year NII expected to reach $50 billion.