Visa News & Latest Visa Headlines

Visa 1Q Profit Rises 16% as Card Use Rises

5:16PM 2/08/2012

Earnings, MasterCard, Visa, Credit Cards

Visa said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas. The San Francisco-based payments processor posted a notable 10 percent increase in U.S. credit card use. But debit card use rose just 6 percent. That's the slowest debit card growth rate in more than a year, and comes during the first three-month period that new rules were in place to limit the fees retailers pay to accept the cards.

The Foreign Currency Conversion Settlement Check Is Finally In the Mail

3:23PM 12/22/2011

By Dawn Kawamoto, The Motley Fool

MasterCard, Visa, Credit Cards

Sometimes it pays to wait; sometimes it doesn't. Just ask the roughly 10 million cardholders who were part of the Foreign Currency Conversion Fee Antitrust class action lawsuit settlement. After a decade of legal wrangling, the settlement funds are finally being disbursed -- but a suit this large can dilute even $336 million.

How Durbin's Debit Card Fee Cut Backfired on Small Merchants

4:15PM 12/08/2011

By Eamon Murphy

MasterCard, Visa, Banking, Credit Cards

Washington's efforts at financial reform keep having strange and unintended consequences. In response to a law that was meant to lower excessive debit card transaction fees on merchants, Visa and Mastercard found a way to raise the fees on a host of small businesses.

The 5 New Stocks that Warren Buffett Is Buying

12:30PM 11/18/2011

By Rick Aristotle Munarriz, The Motley Fool

Investing, Intel, Berkshire Hathaway, Stock Picks, Visa

Warren Buffett is arguably the best investor of our time, so it pays to watch the stocks that he's buying and selling. Here are five of Berkshire Hathaway's new investments.

Visa 4Q profit rises 14 percent on heavy card use

8:33AM 10/27/2011

By The Associated Press

Earnings, Visa, Credit Cards

Increased use of debit and credit cards throughout the world pushed Visa Inc.'s fiscal fourth-quarter profit up 14 percent. But its quarterly revenue came in shy of Wall Street expectations, in part because because the company has been cutting deals with merchants to hold onto or attract business as it tries to cope with new regulations.

Beyond Card Fees: Banks Look To Sell Your Data

1:15PM 10/25/2011

By Catherine New

MasterCard, Visa, Banking, Credit Cards

New and higher debit card fees may not be enough to satiate the big banks. Financial institutions looking for revenue are now eyeing another source: Selling your debit-card transaction data to marketers. So which is worth more to you: The deals such targeted advertising will bring, or your privacy?

5 Things to Watch This Week: Tablets, iPhones, Talking Ducks and Visa

4:55PM 10/21/2011

By Rick Aristotle Munarriz, The Motley Fool

Company News, Netflix, Verizon, Amazon.com, Visa, MetLife

There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead once Monday rolls around.

Debunking Credit Score Myths

5:20PM 10/11/2011

By Catherine New

Credit, Visa

Your credit score has nothing to do with your age, gender or career. Here are the five factors that matter.

Paying Off Your Credit Cards Is Killing the Recovery

12:15PM 9/14/2011

By David Meier

Credit, MasterCard, Visa

Here's the good news: American consumers are finally starting to reduce their reliance on credit and pay off their high-interest debt -- a positive development for their financial futures. The bad news: More money in people's pockets means less overall spending in the economy, which desperately needs the cash right now. How might the tension be resolved?

Why eBay Will Never Be Great Again

3:30PM 8/24/2011

By Rick Aristotle Munarriz, The Motley Fool

American Express, Amazon.com, eBay, MasterCard, Visa

Remember when eBay was cool? You'll have to think hard, because those days are long gone. The online auction site used to carry cool, quirky merchandise, as well as serving as a source of last resort for otherwise impossible-to-find items. Nowadays, it's basically being held up by PayPal, which will soon face challenges of its own.