Visa CEO Unfazed by DOJ Probe Into Debit

PYMNTS.com reports today that Visa CEO Joe Saunders was “calm and collected” in his assessment of the latest U.S. Department of Justice inquiry. “In a business as complex as ours, the department’s request is not unexpected,” Saunders said. The DOJ has asked Visa for more information on its business practices four times since 2007. Saunders added, “All have been resolved with our full cooperation. We are continuing to provide materials and cooperate with the department.”

More: http://pymnts.com/briefing-room/issuers/trends-in-debit-cards/Visa-CEO-Unphased-by-DOJ-Probe-Into-Debit/