The bidding war between Visa and Mastercard for acquisition of Earthport continued February 8 when Visa raised its offer to $319 million (£247 million). The all-cash offer topped a $305-million offer from Mastercard, which had been accepted by the Earthport Board of Directors. Those board members are advising the company’s shareholders to accept Visa’s new offer. Earthport provides financial institutions, money transfer firms, and other companies the ability to make cross-border payments worldwide through a single integration. It facilitates clearing and settlement with local banks ...