VISA Financial News

Check out the companies making headlines in early morning trading.

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New US sanctions imposed for Russian bank, oligarchs, crypto miner BitRiver

Hedge-fund founder Bill Browder says he plans to pressure British MPs and the UK government to take action against lawyers in the US who have acted for pals of Vladimir Putin.

Hedge-fund founder Bill Browder says he plans to pressure British MPs and the UK government to take action against lawyers in the US who have acted for pals of Vladimir Putin.

A US congressman has called for UK libel lawyers from law firms such as CMS, Carter-Ruck and Harbottle & Lewis to face US visa bans over their work for Russian clients.

A US congressman has called for UK libel lawyers from law firms such as CMS, Carter-Ruck and Harbottle & Lewis to face US visa bans over their work for Russian clients.

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Payments giant Mastercard has filed 15 nonfungible token (NFT) and metaverse trademark applications with the United States Patent and Trademark Office, or USPTO.

Setting out its plans for 2022/23, the PSR has again raised concerns about the "high card fees" that merchants pay to Visa and Mastercard, noting that they have risen "significantly" in recent years. The watchdog says it has sent information requests about the levels and structure of these fees and will proceed based on the information gathered.

As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms.

Crypto.com has been around since 2016, but most people are probably more familiar with it thanks to its marketing efforts over the past year. 

Mastercard and Visa are set to be hit with a multi-billion pound legal claim alleging they used a loophole to overcharge UK businesses post-Brexit.

Western sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception.

Amazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant's flagship rewards credit card, ending months of heated negotiations, CNBC has learned.

The new one year Visa Creator programme promises to help some of these artists who want to incorporate NFTs into their business model.Those picked to join the cohort will get technical and product mentorship from Visa's crypto experts; access to their fellow members as well as industry thought leaders and Visa clients and partners; and a stipend.Visa, which last year splashed out $150,000 on its own CryptoPunk NFT, has been investigating how it can tap into an area that has seen explosive growth.Cuy Sheffield, head of crypto, Visa, says: "NFTs have the potential to become a powerful accelerator for the creator economy. We’ve been studying the NFT ecosystem and its potential impacts on the future of commerce, retail and social media.

Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to bring together a global cohort of digital creators and empower them via education of blockchain technology and NFT commerce. 

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Western sanctions have disrupted nearly every part of Russia’s financial system, but there is one big exception.

LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier media report.