08 May 14 @ 10:11

As Russia begins to ramp up its own counter sanctions to the West, it has been revealed that Visa and MasterCard will have to pay nearly $4 billion in deposits... read more

17 Apr 14 @ 12:06

Visa expects a safer Chip&PIN card will soon make its US debut, said Visa executive Bill Sheedy in his keynote address at ETA’s Transact 14 conference. He says the added... read more

27 Mar 14 @ 10:42

Embattled Wal-Mart Stores has filed suit against Visa this week in U.S. District Court (Fayetteville) claiming the defendant conspired with large banks to fix interchange fees charged to merchants between Jan... read more

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... read more

10 Mar 14 @ 12:52

Visa and MasterCard have launched a cross-industry EMV acceptance group to improve security for card transactions and press US retailers and banks to meet a 2015 deadline to adopt technology that would make it safer... read more

03 Mar 14 @ 10:28

Visa Europe will cap the transaction fees it charges, the European Commission said on Wednesday, curbing an important money earner for banks behind the payment scheme. Europe’s antitrust regulator accepted on... read more

20 Feb 14 @ 10:03

In an interesting turn of events, Visa and MasterCard have announced their support for Host Card Emulation, a cloud-based mechanism for hosting NFC applications outside the Secure Element that effectively... read more

08 Nov 13 @ 16:32

Visa Europe and Orange have created a strategic partnership that reflects the companies’ shared ambition to accelerate awareness and everyday usage of mobile contactless payment in France. The initial step... read more

01 Oct 13 @ 13:25

The founders of the Occupy Money Cooperative, an off shoot of the  Occupy Wall Street group say they intend to launch a prepaid Visa card that will carry a small monthly fee. The... read more

24 Sep 13 @ 14:19

Visa and MasterCard have agreed to cut the fees to process credit card transactions in France by almost half. The French Competition Authority announced the agreement with Visa and MasterCard in the wake of... read more

20 Sep 13 @ 12:08

Visa Europe and Volkswagen Bank are offering a mobile payment platform as of September. 500 clients of Volkswagen Bank will trial mobile payments with their iPhone, in an initial testing... read more

17 Sep 13 @ 09:25

State Bank of India has chosen global payments solutions provider, Yalamanchili, to provide the payment processing platform behind its recently launched State Bank Xpress Money Card, which enables customers to... read more

16 Sep 13 @ 16:56

The NSA has been widely monitoring international banking and credit card transactions, a new report says referencing Edward Snowden’s leak. The agency targeted Visa customers and global financial service SWIFT... read more

16 Sep 13 @ 15:56

SunTec announced today that Visa Europe will deploy its new Xelerate Card Services suite. Visa Europe, a payments technology business owned and operated by member banks and other payment service... read more

04 Sep 13 @ 16:11

IBM announced an agreement that boosts Visa Europe’s ability to provide its member banks with new mobile banking, payment and commerce services in the cloud for its customers.  IBM will... read more

20 Aug 13 @ 18:38

Visa Europe announced the appointment of Nicolas Huss as its next President and CEO. Huss (48) will join Visa Europe from Apollo Group, where he is Chief Executive, Avant Spain... read more

01 Aug 13 @ 01:16

MasterCard and Visa Inc. announced an agreement to license their respective common US debit solutions to each other to meet the industry need for a streamlined approach to route US chip debit... read more

22 Jul 13 @ 02:18

Responding to increasing demand for mobile payments, Cryptomathic has upgraded its EMV flagship issuing solution, CardInk, to enable customers to issue payment applications to smartphones and other mobile devices. The... read more

28 Jun 13 @ 00:00

Amazon.com and 7-Eleven sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case. The retailers and about 30 others filed a lawsuit in federal court in Manhattan... read more

17 Jun 13 @ 00:00

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world’s largest retailer from bringing price-fixing claims over merchant swipe fees. Wal-Mart is among more than 7,000 retailers that dropped out... read more