Visa hit with lawsuit from US Department of Justice, over allegations of threatening merchants with high fees and paying off potential rivals
TECHNOLOGY POWERING BUSINESS
News visa
Mastercard Ends Binance Card Partnership
Latest blow to crypto giant as Mastercard ends Binance-branded cards in certain regions, following similar move by Visa
European Payments Initiative Buys Two Fintech Firms
Initiative set up to challenge Visa, MasterCard and Apple Pay for cross-border payments buys two fintech firms, scales back plans
Visa, Mastercard ‘Pause Crypto Partnerships’ Amidst Meltdown
Visa, Mastercard reportedly halting cryptocurrency partnerships and product plans following industry meltdown last year
Spain Plans ‘Digital Nomad’ Visa For Remote Workers
Remote workers longing for a sunnier climate, are to be offered a 'digital nomad' visit and tax breaks by Spain
Visa, Mastercard Block Russian Financial Institutions
Financial pressure on Moscow continues, with the news that Visa and Mastercard have blocked multiple Russian financial institutions
Amazon and Visa Agree Worldwide Truce
Global payment fee truce has been agreed, after Amazon threatened to stop accepting UK-issued Visa cards last year, over its 'high fees'
Amazon Last Minute Extension For Visa Card Payments
UK Amazon users can continue using their Visa cards for online shopping for now, after the two firms agree short term deal
Treasury Select Committee To Investigate Visa, Mastercard Fee Increases
Committee of MPs vows to scrutinise increases in the fees Visa and Mastercard charge businesses, after regulator finds no justification for the rise
Visa Rolls Out Crypto Advisory Service
Banks, merchants and financial institutions will be able to seek advice from Visa's Crypto Advisory Service in the following months
Amazon May Drop Visa As US Credit Card Partner – Report
Clash with Visa over payment fees grows, as Amazon explores partnership options on co-branded credit card in the United States
Amazon To Stop Accepting Payments From UK Visa Credit Cards
Costly fees. E-commerce giant Amazon says customers from January will not be able to pay for goods using a UK Visa credit card
Flaw With Apple Pay, Visa Uncovered By University Researchers
Researchers uncover flaw when Apple Pay linked to a Visa card is used for transportation payments on say the London Underground
OnlyFans Bans ‘Sexually Explicit Content’, Blames Payment Giants
Home made porn made the OnlyFans platform successfully, but now it is banning adult content because of pressure from banks
Visa Continues Fintech Push With Currencycloud Acquisition
London-based forex specialist Currencycloud is to be acquired by payment giant Visa, in a deal worth £700 million ($963m)
Europe Looks To Ease Red Tape For Start-Ups
European Commission proposes new rules to lessen red tape for start-ups, including stock option reform and easier immigration visas
Budget 2021: Contactless Limit Raised To £100
Budget 2021. Debit card contactless payment limit raised to £100, as Coronavirus pandemic accelerates electronic payment popularity
Financial Firms Quit Facebook’s Cryptocurrency Project
As Visa, Mastercard, eBay, Stripe and Mercado Pago exit the project Libra is left without the backing of a major financial company
Human Error Blamed For Visa Data Breach Down Under
Personal information of 317 people applying for Australian visas leaked after email blunder, ABC investigation finds
Researchers Crack £30 Limit On Contactless Visa Cards
Using an interception device, researchers trick cards, terminals and mobile wallets into making payments over the limit with no additional verification
Home Office Launches ‘Start-Up’ Visa Programme
The move aims to attract more entrepreneurs, following criticism of immigration restrictions from the UK's tech industry
Visa Uses TfL Experience To Help Other Cities With Contactless Transport Payments
Visa Global Transit Solutions offers guidance, frameworks and standards for transport operators around the world to implement contactless
PyeongChang 2018: Visa Offers Contactless Gloves, Stickers & Pins For Mobile Payments
Visa offers novel wearable payment devices for spectators at the 2018 Winter Olympic Games
Contactless At 10: One Third Of All Card Payments Made With A Tap
Two thirds of Brits have made a contactless card payments since the tech arrived in the UK in September 2007
US Visa Applicants Face Stricter Vetting With Social Media And Employment Checks
Stricter visa vetting procedures get approval despite facing criticism
Visa Offers Amazon Business Purchase Data For UK Enterprise Customers
More visibility into purchases means easier reconciliation for business accountants
Tech Firms Face Uncertainty As US Suspends Premium Processing For H-1B Visas
The suspension could significantly impact tech companies who rely heavily on foreign skilled workers
Visa Opens London Innovation Centre To Develop Payment Tech
Visa opens its largest innovation centre as the world of digital payments continues to grow
Credit Cards Hacked In Six Seconds Using Distributed Technique
Visa's online payment system fails to pick up on multiple invalid credit card attempts across multiple websites
Visa: Most People Back Biometric Payments
Majority of people want to use biometrics when making payments, with fingerprints the favoured option