Visa

Student hacktivist convicted for “Anonymous” cyber attacks!!

A key member of the notorious web hacker group “Anonymous” has been found guilty of carrying out cyber attacks on some of the world’s leading companies.

MasterCard, Visa ink $6bn settlement with retailers

Merrymaking moment finally makes way to merchants in US! MasterCard, Visa and leading banks ran into an agreement late Friday to resolve a long-running legal feud with retailers over the fees charged on retail stores for accepting credit cards.

Visa to start direct money transfer services in US

Visa Inc. will be starting a new service that will allow customers to transfer money directly from one person to another within the U.S., the company announced Monday. Earlier, Visa was offering this service for only sending money to Visa accounts in other countries.

The Best 11 Predictions for 2011

 The end of the year is approaching, which means that everyone is busy making guesses about what next year will bring. Rather than crank up the pandemonium further with new predictions of my own, I thought I'd cull some of my favorite predictions from around the investment world (and beyond).

 

These Underdogs Are No Dogs

Short-sellers and hedge funds may be shadowy, but sometimes they are the smartest ones in the room. They've done their homework, and they're willing to bet their capital against the crowd -- an investing strategy that can be as lucrative as it is contrarian.

1 to Watch, 1 to Sell, 1 to Buy?

What companies are tomorrow's big winners? In our ongoing series, I'm chatting with members of our team at Fool HQ to discover the stocks on their watchlists. (For your convenience, you can now create your own watchlist for free at Fool.com, giving you all the information you want on the companies you care most about in one spot; just go to www.MyWatchlist.com to get started).

The Fed Drops a Bomb on the Debit Card Market

Visa (NYSE: V) and MasterCard (NYSE: MA) plunged more than 10% last week, after the Federal Reserve proposed limiting debit-card interchange fees to between $0.07 and $0.12 per transaction -- more than 80% below what's currently charged.

Bank of America Bans WikiLeaks Transactions

Bank of America (NYSE: BAC) has banned transactions to whistle-blower site WikiLeaks since Friday, according to media reports. The Obama Administration earlier urged financial organizations to sever ties with the site for illegally releasing confidential US diplomatic cables. 

Aftermath of WikiLeaks Takedown: Operation Payback

 After WikiLeaks released thousands of diplomatic cables, companies began distancing themselves from the controversial site. Banks and payment processors such aseBay's (Nasdaq: EBAY) PayPal among others began cutting ties to the organization, denying users the ability to donate to the site, and the site's Web hosting provider, Amazon.com(Nasdaq: AMZN), decided WikiLeaks had violated its terms of service, and it stopped hosting the site.

 

This Company Is Unbeatable

 All I want in life is an unfair advantage. I'm not sure who first said that maxim, but it's one of the keys to successful investing. Companies with unfair advantages are some of the best investments you can ever make. Some unfair advantages stem from government actions, such as the virtually unlimited free money that banks now receive. Other companies' unfair advantages have been built up over many years of being in business, or within the impenetrable niche a company has learned to dominate.

 

U.K. scientists protest immigration cap

London -- Britain's proposed cap on immigration could damage the country's reputation for scientific excellence, a group of Nobel prize-winning scientists has warned.

Eight Nobel laureates, including two Russian immigrants who won the physics prize Tuesday, said visa restrictions would discourage promising students and distinguished scientists from sharing their expertise with British universities and industries, The Daily Telegraph reported Thursday.

Professors Andre Geim and Konstantin Novoselov of the University of Manchester, who won the physics prize, might have been put off coming to Britain if an immigration cap had existed when they applied to come here, they claimed.

This Just In: Visa and MasterCard Downgrade?

At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.