VENTURE CAPITAL POST

A federal judge rejected a $30 billion settlement intended to cap the fees Visa and Mastercard charge merchants for credit and debit card transactions.

China and Australia will now offer each other's citizens multiple-entry visas valid for up to five years.

Ecuador suspended the visa waiver for Chinese citizens due to rising irregular migration. Starting July 1, it will require visas, citing exit protocol violations and strain on resources.

A federal judge in Brooklyn indicated that she will likely reject the $30 billion settlement between Visa, Mastercard, and retailers aimed at capping credit card swipe fees.

Visa and Mastercard face new lawsuits over fees charged to retailers, adding to their existing legal battles over high multilateral interchange fees.

China implements 15-day visa-free stays for international cruise travelers, while expanding visa-free transit and digital payment options to boost post-pandemic tourism numbers.

Visa has implemented sweeping changes on how its credit and debit cards are used in the United States through the introduction of a single physical card that could be connected to multiple bank accounts.

The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to enter the US.

New Zealand tightens visa regulations in response to record-high migration levels, focusing on English-language requirements and minimum skill thresholds.

Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers.

China has unveiled its plan to boost tourism by relaxing visa requirements.

Romania had the Canada visa deal for broader horizons. Other arrangement may set into.

Fintech company Coin has bounced back from its near failure and partner Visa and MasterCard in providing integrated payment service. Meanwhile regulators are preparing set of regulation for fintech innovation.

Experts said the new chip-enabled or EMV credit and debit cards can help reducing fraud. However, incomplete adoption of chip cards and readers will make consumers and merchants vulnerable.

The new regulation is being established initiated by the San Bernardino shooting in California that killed 14 people and left 22 wounded. It has drawn many concern and dismay among European citizens, especially those with the dual nationalities as mentioned. Europe could also reciprocate, restricting American with the same duality to enter Europe.