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December 21, 2014
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Tag: Visa


Fosforix (CC BY-ND 2.0)

WikiLeaks Claims a TKO Over Visa in Iceland

An Icelandic court gave WikiLeaks a legal boost by ruling that a company formerly run by Visa broke contract laws by blocking credit card donations to the whistle-blowing site. Visa responded by saying the ruling might not apply to its operations.

Posted on Jul 12, 2012 READ MORE


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Posted on Dec 27, 2011 READ MORE



Flickr / 7bikeframesweldedtogether

Spike in Consumer Spending Spells Danger

Consumer borrowing shot up $15.5 billion in June—three times more than projected—in the biggest increase in credit in four years, with credit card and other types of revolving debt rising by $5.21 billion—the largest jump since spring of 2008. (more)

Posted on Aug 15, 2011 READ MORE


WikiLeaks Has a New Commercial

The biggest threat to WikiLeaks isn’t the house arrest of Julian Assange or the militaries of frustrated world governments—it’s the financial blockade by PayPal, Bank of America, Visa and other institutions that has cut off $15 million in donations (by WikiLeaks’ estimate).

Posted on Jun 28, 2011 READ MORE



Flickr / MoneyBlogNewz

Cha-Ching! ‘Visa Tax’ Brings $8 Billion in Fees to Just 10 Banks

Everyone knows you have to pay a municipal sales tax on your purchases, but what about a corporate Visa tax that’s levied by credit card companies?

Posted on Apr 29, 2011 READ MORE



Flickr / Michael Gray (CC-BY-SA)

BofA Cuts Off WikiLeaks

The digital war of position between WikLeaks and those who have something to hide got a bit more barbed as Bank of America, a likely target in the next WikiLeaks documents drama, announced it will refuse to process payments to the website.

Posted on Dec 18, 2010 READ MORE



AP / Karel Prinsloo

Assange Ordered Out of Jail on Bail

WikiLeaks founder Julian Assange was given a bit of a break on Tuesday when a British judge ordered that he be released from jail for the small bail fee of $310,000. However, this small measure of freedom comes with a few strings—and an electronic monitor—attached.

Posted on Dec 14, 2010 READ MORE



Flickr / soathevy

New Credit Card Rules Go Into Effect

New rules curbing credit card company shenanigans took effect Sunday, as restrictions on “unreasonable late payment and other penalty fees” will now block the companies from charging excessive levies if users, to cite just one choice example, do not use their cards.

Posted on Aug 22, 2010 READ MORE


Dick Gephardt
AP / Al Behrman

Dick Gephardt, Corporate Lobbyist

If it seems contradictory (read: hypocritical) that former Rep. Dick Gephardt, at one time a self-styled anti-lobbying, pro-labor crusader, would become a lobbyist for Visa and Goldman Sachs, well, that’s because it is. Oh, and you can strike “pro-environment” off of Gephardt’s list of political poses, too.

Posted on Oct 19, 2009 READ MORE


Turning Gold Into Green

Michael Phelps’ million-dollar bonus for making Olympic history is chump change compared with the hundreds of millions he is expected to rake in over the course of his career. What does swimming have to do with credit cards? Visa is prepared to spend millions to convince you the answer is “a lot.”

Posted on Aug 18, 2008 READ MORE


landing plane
freedigitalphotos.net

EU Leaders Balk at Bush’s New Flight Plan

The skies won’t seem so friendly to Europeans looking to travel to the U.S. soon if President Bush’s list of new security demands is implemented despite the resistance and outrage it has sparked among EU officials, whose countrymen will encounter additional headaches if their leaders don’t get with Bush’s program.

Posted on Feb 11, 2008 READ MORE


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