Showing results for 'VISA ' in Articles
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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

Visa and Plaid agree mutual termination of merger agreement

13 Jan 21 @ 09:40

Visa and Plaid have announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The... read more

Visa Tap to Phone contactless payment platform goes live worldwide

26 Oct 20 @ 16:21

After piloting Visa Tap to Phone over the past year, the company has announced the product availability in more than 15 markets with plans to expand to the US and... read more

UnionPay accounts for 45% of global cards spending – Visa still on top

09 Oct 20 @ 16:06

New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... read more

Europe is building EPI – an alternative to Visa and Mastercard – might it work?

28 Sep 20 @ 14:31

Last year the European Central Bank said that it welcomed the European Payments Initiative (EPI), an initiative by some of Europe’s top banks to explore the development of a “rival... read more

Binance rolls out Visa cashback cards across Europe

22 Sep 20 @ 09:01

Binance, the world’s largest cryptocurrency exchange, has begun offering Visa cards in Europe, the cards also allow users to earn up to 8% cashback. The exchange announced that cardholders will... read more

Visa hit by EC digital wallets investigation

07 Sep 20 @ 16:20

Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... read more

Visa teams with Vipps to accelerate mobile payments deployment in Europe

02 Sep 20 @ 09:27

Visa and Vipps, the Norwegian digital wallet, announced a strategic partnership to accelerate mobile payments in Europe. Visa’s clients and partners will now be able to take advantage of the... read more

Both Visa and Mastercard top earnings forecasts despite COVID head winds

07 Aug 20 @ 09:05

Visa and Mastercard recently reported quarterly results. Visa reported its fiscal third-quarter earnings and revenue expectations had been hit, but the COVID-19 crisis continues to drive mixed spending trends, with... read more

Visa roll out contactless payments on public transport in 500 cities

03 Aug 20 @ 12:08

With the continued rise in demand for safer ways to travel, Visa has begun to roll-out contactless payment acceptance for public transportation in over 500 cities. Visa is launching contactless branded... read more

UK Supreme Court rules against Visa and Mastercard in interchange fees battle

17 Jun 20 @ 11:40

The UK’s Supreme Court has ruled in favour of a group of retailers including J Sainsbury in the long running battle around historic interchange fees the networks charged leading to... read more

Visa says Request to Pay trial with Pay.UK a success

27 May 20 @ 15:38

Visa says it will continue its support for Pay.UK after facilitating the first Request to Pay message sent and received using Pay.UK’s standards. Request to Pay is a messaging service... read more

Visa Token Service adds 28 new partners globally

26 May 20 @ 10:50

Visa says that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time... read more

Visa files digital currency patent in US

18 May 20 @ 15:30

Visa has been reported to have filed an application to create digital currency on Ethereum blockchain with the United States Patent and Trademark Office. According to the application published May 14 —... read more

Visa and Mastercard hit quarterly revenue estimates despite COVID-19

04 May 20 @ 15:18

Despite tough trade winds, both Visa and Mastercard have been able to post good quarterly results. Shares of Mastercard rose after it posted Q1 earnings that exceeded expectations. Adjusted earnings... read more

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Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more

American Express launches agentic commerce developer kit

16 Apr 26 @ 11:46

American Express is positioning itself early for what could become one of the next major shifts in digital payments: AI agents that do more than recommend produ... more

Revolut eyes an IPO, but the valuation story is the real headline

21 Apr 26 @ 14:35

Revolut is beginning to sound more like a future public market heavyweight than a fast-growing European fintech. Chief executive Nik Storonsky has said the com... more