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September 5, 2024
Top Post
Visa Debuts a New Product Designed to Make It Safer to Pay Directly From Your Bank Account
CNBC
"Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process. Visa said it plans to launch a dedicated service for account-to-account (A2A) payments in Europe next year."
September 3, 2024
On the wires
Visa Unveils Groundbreaking Payment Innovations at Global Fintech Fest 2024
PR Newswire
"Visa has unveiled an array of innovative payment products and solutions during the Global Fintech Fest 2024: HDFC Bank's All-in-One POS Device, Paytm NFC Card Soundbox, Neo for Merchants by Axis Bank and Visa, PayU Push Provisioning Powered by Visa, IDFC First Bank and Visa's Ashva Metal Credit Card, CRED In-App Card Payment Experience with Tokenisation, Pine Labs Mini Device, HSBC Premier Signature Debit Card, Push Provisioning with AU Small Finance Bank and Juspay."
August 29, 2024
On the web
Visa Partners With Revolut
Yahoo Finance
"Visa has collaborated with Revolut to enable Instant Card Transfers for Revolut Business customers. This global agreement follows Revolut and Visa’s collaboration to offer card transfers powered by Visa Direct for peer-to-peer payments to 90 countries in the world in 2023 and the launch of Visa virtual cards for businesses focused on the B2B travel sector in 2024."
August 13, 2024
On the wires
Visa and Plug and Play Announce Call for Applications for Inclusive Fintech Accelerator Cohort 2
PR Newswire
"Visa in partnership with Plug and Play announced the call for applications for the second cohort of the Visa Inclusive Fintech Accelerator."
August 7, 2024
Top Post
Nacha Announces Visa as Preferred Partner
Nacha
"Nacha announced that Visa has joined its Preferred Partner Program for ACH Experience, Open Banking and Account Validation."
On the web
Visa Data Shows Spending at the 2024 Olympic Games is Boosting the French Economy
Visa
"The biggest share of overseas spend comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil."
July 25, 2024
On the wires
Marqeta Becomes First Issuer Processor in the US Certified to Enable Visa Flexible Credential
Businesswire
"Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced it is working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer."
July 23, 2024
On the web
Visa Unveils Emerging SME Megatrends in UAE, Highlighting Significant Opportunities for Issuers
Visa Middle East
"A new study from Visa, the SME Megatrends report, delves into the ever-evolving landscape of Small and Medium Enterprises in the United Arab Emirates."
July 19, 2024
On the web
The Perfect Pairing: OpenTable and Visa Launch the Visa Dining Collection
OpenTable
"OpenTable and Visa announced a collaboration that will offer eligible Visa cardholders exclusive access to sought-after restaurant reservations and events at hundreds of local restaurants across the U.S., Canada and Mexico through OpenTable."
July 15, 2024
On the wires
Wirex and Visa Expand Partnership to Drive Web3 Payment Adoption
PR News Wire
Wirex and Visa announced a partnership to further the use of digital currencies in the UK and the European Economic Area.
July 9, 2024
On the wires
HSBC Partnered with Visa to Develop Zing International Money App
Business Wire
"Visa and HSBC announced the technological collaboration in support of HSBC Group’s new international payments app, Zing. Zing enables users to hold funds in over 10 different currencies, send over 30 currencies, transact in over 200 countries and territories worldwide, all managed through a single app and smart multi-currency card."
July 8, 2024
Top Post
Visa, Mastercard to Extend Non-EU Card Fee Caps to 2029, EU Says
Reuters
"Visa and Mastercard will extend caps on tourist card fees agreed five years ago with EU antitrust regulators by another five years to 2029, the European Commission said on Friday." [Register for access]
On the web
Visa Tackles Subscription Chaos with New Payment Manager
Businessday NG
"Visa has announced the launch of Subscription Manager, a tool for financial institutions that will allow Visa cardholders to track and manage their subscriptions more simply and streamlined from their banking apps."
July 1, 2024
On the web
Visa Expands Payment Options for Amazon Customers with Installments Plans
Visa
"Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases."
June 27, 2024
On the web
Visa Launches Digital Emergency Card Replacement Service to Offer Travellers Peace of Mind
Yahoo Finance
"Visa is rolling out a digital emergency card replacement offering that will promptly deliver a digital card replacement on behalf of card issuers via text or email. Once received, cardholders can authenticate and add the new card into their digital wallet."
June 26, 2024
On the web
Visa Brings Travelers Peace of Mind with New Digital Card Replacement
Visa
"Kicking off the summer travel season, Visa announced its Digital Emergency Card Replacement, a new service that promptly delivers a digital card replacement on behalf of card issuers via text or email."
June 25, 2024
Top Post
Federal Judge Rejects $30 Billion Settlement Between Visa, Mastercard and Retailers
CNN
"A federal judge overseeing a $30 billion preliminary swipe-fees settlement between Mastercard, Visa and retailers formally rejected the deal Tuesday. The ruling likely means the credit card processors will have to make more concessions to resolve their long-standing dispute with merchants."
June 21, 2024
Top Post
China Asks Visa, Mastercard to Cut Card Fees
"China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country to encourage spending by foreign visitors, Bloomberg News reported, on Friday, citing a person familiar with the matter. The Payment & Clearing Association of China is proposing lowering the fees charged on foreign card transactions to 1.5% from between 2% and 3%, the report said."
June 14, 2024
Top Post
Judge Likely to Reject $30 Billion Visa, Mastercard Fee Deal
Bloomberg Law
"A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation."
June 13, 2024
Top Post
Visa Relaunches SavingsEdge™ with New Offers to Deliver Greater Value to Small Businesses
Visa
"Visa Inc. announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada."
On the web
How Businesses Can Integrate Token Technology Into Existing Payment Systems
Help Net Security
Mark Nelsen, SVP and Global Head of Consumer Product at Visa, discusses the integration of token technology into existing payment systems.
June 12, 2024
On the web
Visa Releases Third Annual Money Travels: 2024 Digital Remittances Adoption Report
Visa
While remittances are a lifeline for millions of migrant workers and their families, Visa’s annual “Money Travels: 2024 Digital Remittances Adoption” research report found that humanitarian assistance was a predominant driver of remittance usage on the send side, with many noting that it was important to support the lives of people in need, amid worldwide events.
June 11, 2024
On the wires
Dash Solutions and Visa Collaborate to Deliver Real-time Money Movement
Business Wire
Dash Solutions announced an expansion of its strategic collaboration with Visa. The agreement leverages Visa’s digital payment network, Visa Direct, to allow Dash customers to send real-time1 payments to billions of eligible cards, bank accounts, and digital wallets.
June 6, 2024
On the web
UAE Survey Reveals Consumers’ Commitment to Financial Literacy and Responsible Credit Use
Visa Middle East
"Visa has launched the results of a 2024 Financial Literacy Survey which assesses financial knowledge and choices of consumers in the UAE in managing credit, savings and spending."
June 4, 2024
Top Post
Visa Issues 10 Billionth Token, Generating $40 Billion in Incremental E-commerce Globally
Visa
"Visa announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion in incremental ecommerce revenue for businesses globally and saved $650 million in fraud in the last year."
May 30, 2024
Top Post
Visa’s New AI Tool for Faster Payments Could Help Save UK Over £330M a Year on Fraud and App Scams
Visa
"In a groundbreaking pilot in partnership with Pay.UK, Visa has shown how leveraging the latest AI technology has the potential to drastically cut the £600m lost annually to account-to-account scams and fraud over recent years in the UK."
On the wires
Visa, Mastercard to Pay $197 Million to Settle Consumer ATM Fee Lawsuit
Reuters
"Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash access fees artificially high."
May 17, 2024
On the web
Worldline Partners With Visa to Launch Virtual Card Issuing Solution for Online Travel Agencies
Worldline
Worldline announced a strategic partnership with Visa to launch a new virtual card issuing solution. The project will focus on the Online Travel Agency market due to a high demand for this solution and Worldline’s strong heritage and portfolio in travel.
On the wires
Dwolla and Visa Enhance Pay by Bank Experience for Enterprise Businesses
PR Newswire
"Dwolla announced its strategic collaboration with Visa, a world leader in digital payments, to bring advanced account verification capabilities to Dwolla's A2A solution."
May 16, 2024
Top Post
Visa Reinvents the Card, Unveils New Products for Digital Age
Visa
"At the annual Visa Payments Forum, Visa unveiled new products and services that address the needs of businesses, merchants and consumers and the financial institutions that serve them: Visa Flexible Credential, Tap to Everything, Visa Payment Passkey Service, Pay by Bank, Visa Protect for A2A Payments, and Data Tokens."
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