31 May 24 @ 12:45
Visa and Mastercard have agreed to pay $197.5 million in a preliminary settlement with ATM clients who accused the card processors of fixing the price of fees at ATM. The settlement,... read more
07 May 24 @ 15:26
Visa and J.P. Morgan Payments have announced a strategic collaboration that aims to enhance merchant experiences and drive innovation for J.P. Morgan Payments’ customers by introducing faster domestic payments in... read more
08 Apr 24 @ 14:04
Online transactions account for a growing proportion of the global economy. While this gives consumers access to a much wider range of goods and services, it also brings an increase... read more
28 Mar 24 @ 14:39
Visa has announced the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across... read more
26 Mar 24 @ 15:51
Visa and Mastercard have agreed to cut their US interchange fees in what the two companies hope will be a landmark settlement that merchants say will save them $30 billion... read more
14 Mar 24 @ 09:00
Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more
02 Feb 24 @ 17:14
The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. At a high level, according to Visa research, we expect a... read more
31 Jan 24 @ 18:28
Transak, a Web3 payment platform, announced it has partnered with Visa Direct, a service that simplifies cryptocurrency to fiat conversions. The integration leverages Visa’s network to provide a seamless experience for crypto... read more
19 Dec 23 @ 09:03
Visa has entered into a definitive agreement to acquire a majority interest in Prosa, a leading payments processor in Mexico. Under the agreement, Prosa will continue to operate as an... read more
20 Nov 23 @ 16:41
Visa and Tencent Financial Technology, the fintech division of Tencent, say they are partnering to enable Weixin users to receive inbound remittance in their digital wallets. This partnership will extend... read more
02 Nov 23 @ 17:59
Visa, HSBC and Hang Seng Bank say they have concluded participation in the Hong Kong Monetary Authority’s (HKMA) e-HKD tokenised deposits pilot for a CBDC. The program, which is part... read more
20 Sep 23 @ 11:45
You may all be aware that Sibos is on this week! Earlier in the week we covered an interesting development that Revolut is attacking Swifts dominance in cross border payments... read more
07 Sep 23 @ 09:30
A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more
05 Sep 23 @ 15:30
Visa is expanding its stablecoin settlement capabilities to the high-performing Solana blockchain and is working with merchant acquirers Worldpay and Nuvei, modernising cross-border money movement. Through live pilots with issuers... read more
31 Aug 23 @ 16:23
Visa and Mastercard are planning to raise network and interchange fees merchants pay when accepting credit cards, the increases are set to begin in October 2023 and April 2024. Many... read more
22 Aug 23 @ 09:00
Visa and Mastercard are now to be integrated into the accounts of China’s most popular super app platforms, allowing card holders on the international brands to pay for goods and... read more
17 Aug 23 @ 11:05
Visa is in hot water again following news that it is being investigated by the U.S. Justice Department (DoJ) over its charges to merchants for tokenization technology it uses to... read more
18 Jul 23 @ 11:07
Block has hit Visa and Mastercard with a new interchange fees antitrust lawsuit that alleges the payment companies conspired to overcharge the Square payment platform, causing higher retail prices paid by... read more
29 Jun 23 @ 12:45
Visa has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific and Europe, for $1 billion in... read more
16 May 23 @ 16:53
Visa is introducing a new program called Digital Authentication Framework (DAF) which seeks to improve security and enhance the frictionless capabilities of 3DSecure Transactions. How Digital Authentication Framework works When... read more
27 Sep 26 @ 18:53
Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more
27 Sep 26 @ 18:52
Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more