Topic - Visa

Subscribe to this topic via RSS or ATOM
Related Stories
  • Visa, MasterCard renew push for chip cards

    Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including this week's revelation that hackers stole consumer data from eBay's computer systems.

  • Wal-Mart urges retailers to reject credit settlement

    Wal-Mart Stores Inc., the world's biggest retailer, has thrown its considerable weight behind a group of retailers urging a rejection of the proposed $6 billion settlement that Visa Inc., MasterCard Inc. and major banks have agreed to pay for alleged fee-fixing involving "swipe" charges for credit card purchases at stores and other retail outlets.

  • ** FILE ** This Sept. 5, 2007, file photo shows credit card decals on a store window in the Hollywood section of Los Angeles. Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. (AP Photo/Nick Ut, File)

    Visa, MasterCard in $6B settlement over card fees

    Visa, MasterCard and major banks agreed to pay retailers at least $6 billion to settle a long-running lawsuit that alleged the card issuers conspired to fix the fees that stores pay to accept credit cards. As part of the settlement, announced late Friday, stores from Rite Aid to Kroger will be allowed to charge customers more if they pay using a credit card.

  • Global Payments says Visa drops it after breach

    Visa Inc. has dropped the card processor involved in a massive data breach from its registry of providers that meet data security standards.

  • (AP Photo/Global Payments via PRNewsFoto)

    Global Payments says Visa has dropped it after breach

    Visa Inc. has dropped the card processor involved in a massive data breach from its registry of providers that meet data security standards.

  • Economy Briefs: Global Payments says Visa drops company after breach

    Visa Inc. has dropped the card processor involved in a massive data breach from its registry of providers that meet data security standards.

  • BOOK REVIEW: 'Throw Them All Out'

    Three years ago, then-House Speaker Nancy Pelosi and her husband, Paul, made Hillary Rodham Clinton's success with cattle futures look like a child's lemonade stand. The credit card giant Visa was holding an initial public offering, among the most lucrative ever seen. The Pelosis were granted early access to the IPO as "special customers" who received their shares at the opening price, $44. The lucky investors turned in a 50 percent profit in just two days.

  • Malaysia works to foil Anonymous hacking threat

    Malaysia worked Wednesday to thwart a planned assault on the government's official website by international hacker vigilantes who accuse authorities in this Southeast Asian country of Internet censorship.

  • Google tries to replace wallets with smartphones

    Google Inc. is trying to nudge consumers and merchants into a world where the smartphone has replaced the wallet as the container for credit cards, coupons and receipts.

  • President Obama gives credit to two Democrats, Sen. Christopher J. Dodd, and Rep. Barney Frank (hand raised), after signing the Wall Street Reform and Consumer Protection Act on Wednesday. The two lawmakers chair key finance committees. At left is House Speaker Nancy Pelosi. (Associated Press)

    EPSTEIN: Government price controls on your wallet

    Last week, the Federal Reserve Board delivered a hammer blow to the entire debit card industry. Pursuant to its congressional marching orders under the so-called Durbin Amendment to the Dodd-Frank Act, the Fed was charged with setting the interchange fees that Visa and MasterCard charge merchants to cover their own expenses and those of the banks that issue debit cards to consumers. The Fed then exercised its new-found administrative mandate by slashing those fees by perhaps 90 percent, producing an immediate sell-off in the stocks of the two payment networks, Visa and MasterCard.

  • ** FILE **

    Justice sues 3 big credit card firms, may settle with 2

    The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa.

  • Conyers' wallets

    Americans avail themselves of an abundance of credit, debit and prepay card products.That's what choice is all about. But changes are in the wind on Capitol Hill.

More Stories →

Happening Now