Judge rejects $30 billion Visa, Mastercard swipe-fee settlement – The Washington Post
A federal judge on Tuesday rejected a $30 billion settlement proposal that would have capped the fees Visa and MasterCard charge merchants for credit and debit card purchases. The decision jeopardizes an agreement reached in March aimed at ending two decades of litigation over the card-swipe fees that card companies charge retailers for each customer […]
Judge rejects $30B Visa, Mastercard 'swipe fee' settlement
A federal judge on Tuesday rejected a $30 billion antitrust settlement between Visa, MasterCard and some retailers that had been condemned across the industry. Visa and MasterCard, which together control 80% of the credit-card network market, agreed in March to limit the interchange fees they charge retailers that accept their cards. As part of the […]
Federal judge rejects $30 billion settlement between Visa, Mastercard and retailers – CNN
Mark Lenihan/AP FILE – MasterCard and Visa credit card logos are displayed at the entrance of a coffee shop in New York, April 22, 2005. (AP Photo/Mark Lennihan, File) new york CNN — The federal judge overseeing a tentative $30 billion card-swipe fee settlement between MasterCard, Visa and retailers formally rejected the settlement on Tuesday. […]
Visa, Mastercard $30B settlement over controversial swipe fees rejected
A U.S. court on Tuesday rejected a $30 billion antitrust settlement in which Visa and MasterCard agreed to limit the fees they could charge merchants that accept their credit and debit cards. U.S. District Judge Margo Brody in Brooklyn concluded that she was unlikely to give final approval to the settlement and denied the plaintiffs’ […]
China Negotiating With Visa, Mastercard to Reduce Transaction Fees – PYMNTS.com
China: visa, master Card and other global card issuers are looking to lower the fees they charge local merchants for overseas card transactions. The China Payments Association has proposed to card issuers to reduce their fees to 1.5% from the current 2-3%. report on Friday (June 21), citing anonymous sources. Mastercard reportedly told Bloomberg that […]
Supreme Court Rules Against Wife Who Challenged Her Non-Citizen Husband’s Visa Denial Over MS-13 Affiliation
The Supreme Court ruled 6-3 on Friday that U.S. citizens have no constitutional right to require their non-citizen spouses to enter the country. In Department of State v. Muñoz, Sandra Muñoz, a U.S. citizen, argued that the State Department violated her constitutional rights by failing to inform her of the reasons for her husband’s visa […]
Ecuador Suspends China Visa Waiver Deal to Curb Illegal Migration
Ecuador’s government will soon reinstate entry visa requirements for Chinese nationals after authorities recorded an “alarming” increase in their illegal immigration, many of whom have since left for other countries in the region, including the United States. The “temporary” measures, which will come into effect on July 1, will suspend the visa waiver agreement. Signed […]
GOP DA Rips Mayorkas’ ‘Inaction’ On Visa Vetting After Rash Of Migrant Burglaries
Orange County District Attorney Todd Spitzer, a Republican, blasted Homeland Security Secretary Alejandro Mayorkas for “inaction” regarding visa screening following a recent robbery in his county by a Chilean immigrant. Orange County District Attorney’s Office release Friday’s statement referred to two Chilean nationals, Jorge Navarrete-Corbalán, 32, and Alejandro Tobal-Fuentes, 32, who were arrested in the […]
Illegal Fled to U.S. on Tourist Visa to Avoid Child Rape Charges in Jamaica
An illegal immigrant fled to the United States on a B-2 tourist visa to avoid child rape charges in his native Jamaica. The 59-year-old Jamaican national first entered the United States in June 2020 on a six-month tourist visa through John F. Kennedy International Airport in New York City, New York. The following month, on […]
Naked woman in Philippines airport walks through security in fit over visa issue
A 34-year-old Vietnamese tourist reportedly became upset over visa fees and emerged naked from a women’s restroom at Ninoy Aquino International Airport in Manila, Philippines, on June 8, 2024. (Photo credit: Viral Press) A Vietnamese tourist was caught on camera walking naked through security at Ninoy Aquino International Airport (NAIA) after being wanted by police […]