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As Visa and Mastercard pull out, options appear slim for Russian banks, cardholders

Mar 8, 2022
Russian banks may have to turn to Chinese processor UnionPay.
Justin Sullivan/Getty Images

"Digital-first mentality" will accelerate for shoppers and sellers, Visa CEO says

Dec 1, 2021
Despite the omicron variant, "the recovery we're in has an awful lot of momentum," says Visa chief Al Kelly.
Visa has launched its own buy now, pay later service called Visa Installments. CEO Al Kelly advises small businesses to create effective websites and be adaptable.
Arturo Holmes/Getty Images for NYFW: The Shows

Visa CEO: "The world has changed dramatically"

Jun 30, 2020
Visa CEO Al Kelly discusses the consumer economy and corporate responsibility today, amid the global pandemic and nationwide protests for racial justice.
"We've seen debit card volume increase much more than credit card volume," Visa CEO Al Kelly says.
Courtesy of Visa Inc.

Immigration fees set to be much higher in 2020

Jan 3, 2020
Green card and citizenship application fees could go up roughly 80%.
In this file photo, immigrants await their turn for green card and citizenship interviews at the U.S. Citizenship and Immigration Services (USCIS) Queens office on May 30, 2013 in the Long Island City neighborhood of the Queens borough of New York City.
John Moore/Getty Images

How specialist agencies help Chinese mothers give birth in the U.S.

Mar 7, 2019
Expectant parents pay them tens of thousands of dollars to arrange every aspect of their trip.
The 2013 movie "Finding Mr Right" is a romantic comedy focused on Wen Jiajia, an unmarried pregnant woman from Beijing who flees to Seattle to give birth. It raised awareness of the trend of Chinese women having American babies.
Courtesy of Mtime

Going cashless in Shanghai

Jan 15, 2019
Chinese mobile payment apps have surged in popularity. Could U.S. credit card companies compete?
A driver pays a highway toll using mobile payment method Alipay in Zhejiang province.
STR/AFP/Getty Images

Chinese students undeterred by U.S. visa restrictions

Jul 6, 2018
The current trade tensions between China and the U.S. may derail some study-abroad plans.
Education consultancy Focus International’s William Yan said business is still booming despite U.S. visa restrictions.
Jennifer Pak/Marketplace

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For American children of Mexican immigrants, a battle to get documented in Mexico

Mar 13, 2018
More than a quarter million people who were born in the U.S. to Mexican parents live in Mexico and haven’t been registered in either place.
Daniela Silva Abascal and her father Daniel Silva Soto at home in Puebla, Mexico.
Jorge Valencia for Marketplace

How family-based immigration can boost the economy

Feb 27, 2018
Trump has called for a merit-based system, but immigrants sponsored by relatives are very productive, a researcher says.
Jenny Martinez hugs her son, William Martinez, as they talk to the media about her trip from El Salvador and her need for asylum in America because of domestic violence as they join with protesters in front of the United States Citizenship and Immigration Services building on May 19, 2017 in Miramar, Florida.
Joe Raedle/Getty Images

Should credit card companies tackle gun sales?

Feb 20, 2018
Andrew Ross Sorkin had an interesting column in the New York Times yesterday — a business and economic take on how to make mass shootings less common. PayPal and Square, Sorkin pointed out, decided years ago not to let people use their services to buy guns. What about Mastercard and Visa, he wondered. Or the […]