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Former Visa CEO Received $9.7 Million

Joseph Saunders, who stepped down last month as CEO of Visa, received a $9.7 million pay package for fiscal 2012.


Visa, MasterCard OK $7.3 billion settlement

Credit Card

Visa, MasterCard and major banks have agreed to pay $7.3 billion to millions of merchants to end a dispute over card fees.


Cellphone trade show kicks off in New Orleans

CTIA Wireless, the U.S. cellphone phone industry's annual trade show that starts Tuesday, is drawing heavy participation not just from the cellphone industry, but from MasterCard, Visa, and other companies in the business of moving money around.


WikiLeaks says "blockade" threatens its existence

WikiLeaks says

WikiLeaks will have to stop publishing secret cables and devote itself to fund-raising if it is unable to end a financial "blockade" by U.S. firms such as Visa and MasterCard by the end of the year, founder Julian Assange said on Monday.


Sri Lanka visas concern tourist industry

Sri Lanka visas concern tourist industry

Will Sri Lanka's new visa charges keep visitors away? A stream of visitors arrives from London or Dubai, Frankfurt or Hong Kong. They meet their tour guides or drivers and are whisked out in air-conditioned vehicles into the tropical greenery.


Visa, other cards not valid under Syria sanctions

Visa and MasterCard credit cards are no longer valid in Syria under new U.S. sanctions targeting Damascus because of its deadly crackdown on a 5-month-old uprising, officials said Thursday.


Visa profit up on rising payment volume

Visa Inc said on Wednesday quarterly profit rose by 40 percent, on a higher volume of global payments and a $1 billion gain from revaluing its Visa Europe put option.


Visa again blocks funds for WikiLeaks

That appears to have been an accident, at least as far as Visa Europe Ltd. was concerned. In an email to The Associated Press, the company said that one of its financial partners had "briefly accepted payments on a merchant site linked to WikiLeaks." "As soon as this came to our attention, action was taken with the suspension of Visa payment acceptance to the site remaining in place," the company said.


WikiLeaks says it's suing Visa, MasterCard

WikiLeaks says it's suing the European operations of Visa and MasterCard because they cut off services to the secret-spreading website last December.


Visa suspends Wikileaks payments

Visa suspends Wikileaks payments

Visa Europe is suspending all payments to whistle-blowing website Wikileaks ahead of an investigation into the organisation.


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