Showing results for 'VISA ' in Articles
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Visa and Mastercard hit Russian banks – Anonymous steps up cyber war

01 Mar 22 @ 16:43

Visa and Mastercard say they have blocked multiple Russian financial institutions from their network, complying with government sanctions. Visa said it was taking prompt action to ensure compliance with applicable sanctions,... read more

Why Berkshire Hathaway sold out of Visa and Mastercard

22 Feb 22 @ 09:30

Berkshire Hathaway, as has been widely reported, sold more than $3 billion in stock in the payment giants Visa and Mastercard – but why? According to a securities filing in... read more

Amazon and Visa settle interchange fees spat

21 Feb 22 @ 08:00

Amazon.com reached an agreement with Visa to end the ban on accepting its cards across its network, ending the interchange fees standoff between the two that threatened to disrupt e-commerce... read more

Visa launch CBDC solution that targets central banks

14 Jan 22 @ 10:52

Visa has announced plans to offer central banks and financial institutions a central bank digital currency (CBDC) offering in Q2 2022. The payment provider developed the Visa CBDC Payment Module... read more

Visa deepens relationship with crypto and launches advisory service

08 Dec 21 @ 17:45

Visa is doubling down on it investments into crypto by launching new consulting and advisory service to help its clients navigate the world of cryptocurrencies. It announced its crypto advisory... read more

Millions of payment card details found on dark web – USA and Visa hit hardest

02 Dec 21 @ 12:45

New analysis has observed over 4 million (4,481,379) payment card details, belonging to users across 140 countries, being traded on the dark web. The hackers were found selling payment cards information for... read more

Amazon steps up interchange battle with ban on UK Visa credit cards

17 Nov 21 @ 11:36

Amazon has announced it will stop taking payments from Visa issued credit cards in the UK, citing the high cost of interchange fees imposed by the card company as a row between... read more

US Department of Justice opens investigation into Visa payments to FinTechs

10 Nov 21 @ 11:51

The US Justice Department is investigating Visa for what is feels may be improper relationships with large FinTech companies as part of its antitrust investigation of the company. Antitrust investigators... read more

UK researchers find hacking flaw in Apple Pay with Visa cards

01 Oct 21 @ 08:37

Researchers from the University of Birmingham and University of Surrey have warned that they were also able to bypass the limit on contactless payment, allowing transactions of any amount. Large unauthorised... read more

Visa launch stablecoin and CBDC Universal Payments Channel

30 Sep 21 @ 15:23

Visa has announced the launch of a Universal Payments Channel that will support transactions between stablecoins and CBDCs. It an ambitious idea from Visa at this time as it hopes... read more

Visa continues acquisitive direction with purchase of Currencycloud

23 Jul 21 @ 12:07

Visa has announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange solutions for cross-border payments. The... read more

Spending on crypto-linked Visa cards topped $1 billion in H1 2021

16 Jul 21 @ 13:32

Visa says its customers spent more than $1 billion on its crypto-linked cards in H1 2021, as the payments processor takes steps to make crypto transactions smoother. The company said... read more

Visa acquires European Open Banking platform Tink

24 Jun 21 @ 09:10

Visa announced it has signed a definitive agreement to acquire Tink, a European Open Banking platform. Visa will pay total financial consideration of €1.8 billion, inclusive of cash and retention incentives.... read more

Visa and cryptocurrency: Inside the networks digital currency plans

11 Jun 21 @ 16:17

It’s been on the cards for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those taking a serious look at... read more

Visa first to settle transactions in USD Coin (USDC)

29 Mar 21 @ 15:02

Visa says it has nailed a major industry first in bridging the worlds of digital and traditional fiat currencies: the use of USD Coin (USDC), a stablecoin backed by the US... read more

Visa facing DOJ antitrust investigation over Debit cards

22 Mar 21 @ 15:40

Its all go for Visa right now, having raised interchange fees in the UK, The Justice Department is now investigating whether it is engaging in anticompetitive practices in the debit... read more

Visa follows suit and raises interchange fees for UK card holders

22 Mar 21 @ 13:32

Visa is reported to be following Mastercard’s earlier decision and plans to increase interchange fees on purchases made by British customers from most of Europe. The company is preparing to... read more

Visa study: Where SMEs want Investors to put their money

18 Mar 21 @ 14:28

The 2021 Visa Back to Business study of Small and Medium Enterprises (SMEs) has revealed the major pain points for the world’s small businesses when it comes to payments –... read more

Intuit set to sue Visa and Mastercard over anti-competitive interchange fees

24 Feb 21 @ 17:33

Intuit, a US business and financial software company that develops and sells financial, accounting, and tax preparation software is reported to be suing Mastercard and Visa for fixing interchange fees... read more

Visa CEO say network ready to back Crypto assets

01 Feb 21 @ 10:48

Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... read more

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Wero expands merchant payments in France with Orange

06 Sep 26 @ 19:31

Wero is moving further beyond its origins as a peer-to-peer payment service, with Orange becoming the first merchant in France to offer subscription bill paymen... more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hu... more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchai... more