Today: September 15, 2024
Today: September 15, 2024

Visa

Business|Economy|Finance

Visa's revenue miss prompts caution on Wall Street

Visa's underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing

Visa's revenue miss prompts caution on Wall Street
Business|Economy|Finance

India's central bank fines Visa for unauthorised payment method

The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank

India's central bank fines Visa for unauthorised payment method
News|Political|World

US allows Israeli citizens to travel to US visa-free as Israel joins a select group of countries

The Biden administration has admitted Israel into a select group of countries whose citizens are allowed to travel to the United States without getting a visa in advance

US allows Israeli citizens to travel to US visa-free as Israel joins a select group of countries
News

A green card processing change means US could lose thousands of faith leaders from abroad

Because of a procedural change in how the U.S. government processes some green cards, faith communities across the country may lose thousands of leaders and workers

A green card processing change means US could lose thousands of faith leaders from abroad
Business

Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal

Shares in Visa and Mastercard slid on Wednesday on news the U.S.

Shares in Visa, Mastercard slide on expected Federal Reserve fee cap proposal
Business

Visa's profit beats estimates driven by strong travel demand

Visa's fourth-quarter profit beat estimates on Tuesday as consumers undeterred by inflation and a cost-of-living crisis continued to swipe cards to travel and dine out, sending shares

Visa's profit beats estimates driven by strong travel demand
Business

Visa extends its profit growth though 4Q as digital payments become more commonplace worldwide

Payments processing giant Visa Inc. has posted an 18% rise in its fiscal fourth-quarter profits

Visa extends its profit growth though 4Q as digital payments become more commonplace worldwide
News|World

Caravan of 3,000 migrants blocks highway in southern Mexico

About 3,000 migrants from Central America, Venezuela, Cuba and Haiti have blocked traffic on one of Mexico’s main southern highways to demand transit or exit visas to reach the U.S. border

Caravan of 3,000 migrants blocks highway in southern Mexico
News|Political|World

India restores e-visa services for Canadians. The move could ease diplomatic tensions

An Indian foreign ministry official says that India has restored electronic visa services for Canadian nationals two months after Canada alleged the South Asian nation was involved in the assassination of a Sikh separatist in Canada

India restores e-visa services for Canadians. The move could ease diplomatic tensions
World

Indonesia eyes visa waivers for 20 countries, including US, China, India

Indonesia is considering granting visa-free entry to nationals of 20 countries, including the United States, China, Australia, India, South Korea, Germany, Britain and France, to

Indonesia eyes visa waivers for 20 countries, including US, China, India
Business

Visa is sued over 'Vanilla' gift card scam

Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves.

Visa is sued over 'Vanilla' gift card scam
Business

Visa halts intermediated commercial card payments in India following RBI order

Visa on Wednesday said it received directions from the Indian central bank to halt all transactions for business payment solution providers (BPSPs) in commercial and business

Visa halts intermediated commercial card payments in India following RBI order
Business

US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard

U.S. banks could see a modest hit to their earnings due to the $30 billion settlement to limit credit and debit card fees for merchants by payments networks Visa and

US banks to see modest hit from deal to lower swipe fee by Visa, Mastercard
Business|Economy|News

Deadline for businesses to apply for their share of massive credit card company settlement looms

A deadline is looming for millions of businesses who may be entitled to a payout in a $5.5 billion antitrust settlement with Visa and Mastercard

Deadline for businesses to apply for their share of massive credit card company settlement looms
Business|Economy|Technology

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets

Visa has announced major changes to how its credit and debit cards will operate in the U.S. Features in the works will lead to Americans to carry fewer physical cards in their wallets and make the 16-digit credit or debit card number printed on every physical card increasingly irrelevant

Changes from Visa mean Americans will carry fewer physical credit, debit cards in their wallets
Business|Economy

Portugal to use golden visa scheme to help migrants, build affordable homes

Portugal plans to adapt its golden visa scheme to allow wealthy foreigners seeking residency rights to invest in affordable housing for

Portugal to use golden visa scheme to help migrants, build affordable homes
Business|Economy

Visa and MasterCard face new UK lawsuits over merchant fees

Global payments processors Visa and Mastercard must face a new set of lawsuits over fees charged to retailers, after a London tribunal ruled on Friday that collective cases brought

Visa and MasterCard face new UK lawsuits over merchant fees
Business|Economy

Visa, Mastercard $30 billion fee settlement in peril

Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge

Visa, Mastercard $30 billion fee settlement in peril
News|Political|Travel

Ecuador reinstates visa requirement for Chinese travelers

Ecuador's foreign ministry on Tuesday said that it was effectively reinstating a visa requirement for travelers from China, citing an increase in irregular migratory flows from the

Ecuador reinstates visa requirement for Chinese travelers
Business|Economy

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says

A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
Economy|Education|News

Australia doubles foreign student visa fee in migration crackdown

Australia said on Monday it had more than doubled the visa fee for international students, the latest move by the government to rein in record migration that has

Australia doubles foreign student visa fee in migration crackdown
Business|Economy

Visa, Mastercard to extend non-EU card fee caps to 2029, EU says

Visa and Mastercard will extend caps on tourist card fees agreed five years ago with EU antitrust regulators by another five years to 2029, the European Commission

Visa, Mastercard to extend non-EU card fee caps to 2029, EU says
News|Travel|World

Nigeria, UAE to resume flights between both countries, minister says

Nigeria and the United Arab Emirates reached an agreement allowing for the resumption of travel between the two countries, Nigeria's information minister said on

Nigeria, UAE to resume flights between both countries, minister says
Business|Finance|Technology

Visa prevented $40 billion worth of fraudulent transactions in 2023- official

Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior

Visa prevented $40 billion worth of fraudulent transactions in 2023- official
Business|Economy|Finance

Visa reports rare quarterly revenue miss, shares drop

Visa's third-quarter revenue growth fell short of Wall Street targets in a rare miss for the world's largest payments processor as steep borrowing costs limited

Visa reports rare quarterly revenue miss, shares drop

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