Visa Inc. says its net income slipped nearly 2 percent in the first three months of this year from a year earlier, when the company benefited from an adjustment to its income tax provision.
Shoppers hit stores for the holidays in the final months of 2012 and it seems many of them were armed with credit and debit cards using the Visa network.
Shoppers waiting until the last minute to finish their holiday shopping may not know that they still have time to buy those gifts online.
Visa said former JPMorgan executive Charles Scharf will become its next CEO, effective Nov. 1.
Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.
Anand Sundaram, one of the founders of the Santa Clara-based Immigration Voice, has even garnered the support of Rep. Zoe Lofgren (D-San Jose), who co-authored the legislation.
Former U.S. House Speaker Nancy Pelosi (D-San Francisco) and her husband participated in an IPO from Visa, just as a troublesome piece of legislation that would have hurt credit card companies began making its way through the House.
A joint venture between three of the top wireless companies has struck a deal with all four major credit card companies that could lead to a new mobile payment system.
A team of University of California researchers has found what may be the best solution so far to spam. They are trying to convince U.S. Banks not to process transactions with three overseas banks overwhelmingly favored by spammers.
Visa Inc. said Wednesday it is buying PlaySpan Inc., which handles online transactions for digital goods, for $190 million in cash.