Visa, Mastercard Draw New Government Scrutiny Over Debit-Card Routing

The Federal Trade Commission is investigating whether Visa and Mastercard's security tokens restrict debit-card routing competition on online payments, WSJ reported Monday, citing people familiar with the matter. From the report: The FTC for the past few years has already been probing whether Visa and Mastercard block merchants from routing payments over other debit-card networks. The networks acknowledged an FTC probe in regulatory filings in recent years. In recent months, the FTC expanded its