Tag Archives: Visa

President Donald Trump has unveiled a new visa initiative dubbed the “Gold Card,” designed to grant lawful permanent residency to wealthy foreigners willing to invest $5 million in the United States. The initiative, which Trump says will launch within two weeks, aims to attract “very high-level people” while generating revenue …

Jimmy Williams The U.S. Justice Department filed a civil antitrust lawsuit against Visa on Tuesday, accusing the world’s largest payments network of maintaining an illegal monopoly over debit payments through exclusionary agreements that stifled competition and harmed consumers. In its lawsuit, filed in New York, the DOJ claims Visa’s dominance …

Visa and Mastercard are suspending operations in Russia, the companies announced Saturday, citing the country’s ongoing invasion of Ukraine. According to a press statement, Visa will begin working to discontinue transactions in Russia, but it will take a few days. Mastercard said it would suspend all its network services in …