Visa

PayPal Names Suzan Kereere as President of Global Markets

Retrieved on: 
Wednesday, December 6, 2023
Alvin Ailey, Economics, SAN, Tufts University, PYPL, Culture, Small business, American Express, Merchant services, International finance, PayPal, Trustee, Fusion Global Business Solutions, Columbia Business School, Visa, Workplace, Online shopping, Management, Fiserv

SAN JOSE, Calif., Dec. 6, 2023 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the appointment of Suzan Kereere as President, Global Markets, effective January 1, 2024.

Key Points: 
  • SAN JOSE, Calif., Dec. 6, 2023 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the appointment of Suzan Kereere as President, Global Markets, effective January 1, 2024.
  • "Suzan is a highly accomplished executive with extensive experience leading global payments and technology platforms and businesses at Fortune 100 companies around the world," said Alex Chriss, President and CEO of PayPal.
  • Kereere will join PayPal from Fiserv where she currently leads Global Business Solutions, the company's merchant-focused offerings.
  • "I've dedicated my career to driving innovation in the payments industry and have long been inspired by PayPal," said Kereere.

Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

Retrieved on: 
Wednesday, December 6, 2023
Hindi, Research, Visa, Savory, Partner, Statistics, Labour, Growth, Government, Mobile phone, Cryptocurrency, Payment card

As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in.

Key Points: 
  • As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in.
  • According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
  • "It's not just Europe but even Barbados' digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022", a digital nomad specialist at Savory & Partners reports.
  • The rapid growth in application numbers and the surging demand for digital nomad visas isn't surprising.

Savory & Partners: Digital Nomad Visas Sparking a Migration Boom

Retrieved on: 
Wednesday, December 6, 2023
Hindi, Research, Visa, Savory, Partner, Statistics, Labour, Growth, Government, Mobile phone, Cryptocurrency, Payment card

As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in.

Key Points: 
  • As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in.
  • According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
  • "It's not just Europe but even Barbados' digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022", a digital nomad specialist at Savory & Partners reports.
  • The rapid growth in application numbers and the surging demand for digital nomad visas isn't surprising.

Government of Canada announces finalized agreements with Visa and Mastercard to lower credit card transaction fees for small businesses

Retrieved on: 
Tuesday, December 5, 2023
Growth, Fraud, Government, Small business, Organization, News, Federation, Payment card, Online shopping, Mastercard, Visa

OTTAWA, ON, Dec. 5, 2023 /CNW/ - The Government of Canada today announced it has finalized agreements with Visa and Mastercard to lower credit card transaction fees for small businesses.

Key Points: 
  • OTTAWA, ON, Dec. 5, 2023 /CNW/ - The Government of Canada today announced it has finalized agreements with Visa and Mastercard to lower credit card transaction fees for small businesses.
  • Small businesses pay fees to process credit card transactions, with the largest component being the interchange fee paid to credit card–issuing financial institutions, such as banks.
  • These new agreements will help more than 90% of credit card–accepting businesses in Canada qualify for lower rates and see their interchange fees reduced by up to 27% from the existing weighted average rate.
  • Small businesses with an annual Visa sales volume below $300,000 will qualify for the lower interchange fees from Visa, and those with an annual Mastercard sales volume below $175,000 will qualify for the lower fees from Mastercard.

GAMECHANGER SYSTEMS ANNOUNCES SUCCESSFUL SERIES A GROWTH FUNDING

Retrieved on: 
Tuesday, December 5, 2023
Sale, GameChanger, Parent, Multimedia, Madeline (video game series), DOOH, Visa, Innovation system, Video game

GameChanger® Systems, the first and only fully automated "Instant Video Game Buyback" kiosk, will expand its consumer reach in major markets across the U.S. where consumers already shop.

Key Points: 
  • GameChanger® Systems, the first and only fully automated "Instant Video Game Buyback" kiosk, will expand its consumer reach in major markets across the U.S. where consumers already shop.
  • GameChanger Systems recently completed a Series A Preferred growth-capital financing round which paves the way for significant expansion.
  • GameChanger Systems is now poised for aggressive growth and ready to bring… Value to the Player!
  • Frost & Co., a boutique investment banking firm headquartered in Nashville, TN represented GameChanger Systems and arranged the financing.

LanguageCert Academic and General tests approved by UK Home Office for Student and Work Visas

Retrieved on: 
Tuesday, December 5, 2023
Home Office, CEFR, Immigration, ENIC, Achievement Medal, UKVI, Language, Home, Visa, Vocabulary, UK Visas and Immigration, SELT, UK Student Climate Network, Comprehension, Work, Essay, Health, Travel, Nursing, Tutoring

LONDON, Dec. 5, 2023 /PRNewswire/ -- LanguageCert, the global awarding organisation for languages, today announces that its LanguageCert Academic and General tests have been approved as Secure English Language Tests (SELT) by the UK Visa and Immigration Authority (UKVI) for UK Student and Work visas.

Key Points: 
  • LONDON, Dec. 5, 2023 /PRNewswire/ -- LanguageCert, the global awarding organisation for languages, today announces that its LanguageCert Academic and General tests have been approved as Secure English Language Tests (SELT) by the UK Visa and Immigration Authority (UKVI) for UK Student and Work visas.
  • Independently evaluated by UK ENIC (formerly UK NARIC), LanguageCert Academic and General SELT tests are specifically designed for individuals applying for UK student or work visas where proof of English language ability is required.
  • LanguageCert Academic and LanguageCert General SELT tests are the ideal solution for people who need to certify their English language skills.
  • Test takers will be able to book and take their LanguageCert Academic and General SELT tests from 19 December 2023.

LanguageCert Academic and General tests approved by UK Home Office for Student and Work Visas

Retrieved on: 
Tuesday, December 5, 2023
Home Office, CEFR, Immigration, ENIC, Achievement Medal, UKVI, Language, Home, Visa, Vocabulary, UK Visas and Immigration, SELT, UK Student Climate Network, Comprehension, Work, Essay, Health, Travel, Nursing, Tutoring

LONDON, Dec. 5, 2023 /PRNewswire/ -- LanguageCert, the global awarding organisation for languages, today announces that its LanguageCert Academic and General tests have been approved as Secure English Language Tests (SELT) by the UK Visa and Immigration Authority (UKVI) for UK Student and Work visas.

Key Points: 
  • LONDON, Dec. 5, 2023 /PRNewswire/ -- LanguageCert, the global awarding organisation for languages, today announces that its LanguageCert Academic and General tests have been approved as Secure English Language Tests (SELT) by the UK Visa and Immigration Authority (UKVI) for UK Student and Work visas.
  • Independently evaluated by UK ENIC (formerly UK NARIC), LanguageCert Academic and General SELT tests are specifically designed for individuals applying for UK student or work visas where proof of English language ability is required.
  • LanguageCert Academic and LanguageCert General SELT tests are the ideal solution for people who need to certify their English language skills.
  • Test takers will be able to book and take their LanguageCert Academic and General SELT tests from 19 December 2023.

Unlocking Artistic Potential: Navigating the Challenge of Sustainable Income for Creatives

Retrieved on: 
Friday, December 1, 2023
Opus, Employment, Mastercard, Visa, FDIC, OPUS card

LOS ANGELES, Dec. 1, 2023 /PRNewswire-PRWeb/ -- 1st Opus is reshaping both the entertainment and banking industry with their state-of-the-art digital wallet and payment services. 1st Opus is not a bank, but an innovative ecosystem that fosters connections between artists and their fan base.

Key Points: 
  • 1st Opus is not a bank, but an innovative ecosystem that fosters connections between artists and their fan base.
  • Artists often grapple with the challenge of sustaining a reliable revenue stream, leading them to engage in alternative employment that detracts from their creative pursuits.
  • It offers a unique proposition, channeling revenue directly into the hands of artists, empowering them to monetize their popularity and create a sustainable income stream in tune with the ever-evolving entertainment landscape.
  • Jean-Claude Eenshuistra, the CEO, has a goal to have 1st Opus work with more than 1000 artists and 1000 of their closest fans.

FortressPay launches one of the first enterprise-ready biometric payment platform for the US

Retrieved on: 
Friday, December 1, 2023
Engineering, Visa, AWS, American Express, Mastercard, Payment, Online shopping, MIAMI

MIAMI, Dec. 1, 2023 /PRNewswire-PRWeb/ -- "FortressPay's vision is to eliminate friendly and attack payment fraud with frictionless customer experience using biometrics. Mobile device payments are approaching over 65% of all credit card transactions globally. People use a selfie to unlock their phones multiple times a day, making a payment should be no different.", said Alessandro Chiarini CEO, "By leveraging FortressPay, merchants can lower their payment processing fees by reducing chargebacks to nearly zero, while maintaining a seamless checkout experience for its customers. FortressPay leverages government and border control accuracy level facial biometric technologies, versus on-device biometrics, to ensure the most stringent security and be mobile carrier agnostic."

Key Points: 
  • FortressPay chose to leverage the AWS ISV modernization program to bring to market their disruptive Payment Identity™ Platform, which integrates their global issuing and acquiring capabilities with a frictionless biometric checkout experience.
  • MIAMI, Dec. 1, 2023 /PRNewswire-PRWeb/ -- "FortressPay's vision is to eliminate friendly and attack payment fraud with frictionless customer experience using biometrics.
  • People use a selfie to unlock their phones multiple times a day, making a payment should be no different.
  • ", says Felix Torres Ostolaza, COO of FortressPay, "These efforts support our vision and the ongoing efforts of the payment ecosystem to curtail credit card fraud.

Millions of U.S. Businesses Eligible for a Share of $5.54B Payment Card Settlement

Retrieved on: 
Friday, December 1, 2023
Action Replay, United, LLP, Second, Accounting, FAQ, Multimedia, Mastercard, Robins Kaplan LLP, Visa, Payment card, Online shopping

BROOKLYN, N.Y., Dec. 1, 2023 /PRNewswire/ -- Today, the claim submission process begins for the largest private antitrust class-action settlement in U.S. history, and millions of business owners nationwide are expected to submit claims to get their portion of the court-approved $5.54 billion settlement. 

Key Points: 
  • The settlement is unprecedented, and the claims process is straightforward and streamlined.
  • Claim forms are being mailed to class members throughout December by the U.S.
  • The class includes millions of U.S. businesses that accepted Visa and/or Mastercard credit or debit cards between Jan. 1, 2004 and Jan. 25, 2019 and who did not previously opt out.
  • For further information and updates on the Payment Card Settlement, including a timeline, Frequently Asked Questions (FAQs), and related documents, please visit www.PaymentCardSettlement.com .