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Healthcare services company Mednax's stock price closed up nearly 4% on Monday after its founder and chief executive and several board members were replaced, half a year after activist investor ...
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
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Banking on its strategic measures and a streamlined business, Mednax (MD) holds potential to reap benefits for investors.
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The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks. [3]
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