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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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August 22, 2025
Top Post
Visa Shutters US Open-Banking Unit as Data Fight Heats Up, Bloomberg News Reports
MSN/Reuters
"Payments processor Visa has shut its open-banking business in the United States, Bloomberg News reported on Friday, citing people familiar with the matter. The business gives fintechs easier access to customer bank data, helping them offer smoother sign-ups and money transfers."
August 21, 2025
On the web
Students Say Managing Bills Is the Hardest Part of Being an Adult at University [Visa A2A] [UK]
Visa
"More than a third (39%) of UK students find managing bills the hardest part of ‘adulting’ at university. Visa A2A, a new technology from Visa, is set to transform how students manage their recurring bill and subscription payments. Visa A2A technology, which is now ready for market in the UK, enables a smarter digital experience than the traditional system in place for bank transfers used for bills and subscriptions. It also includes advanced security features and a dispute resolution service."
Visa Must Face Debit Card Monopoly Class Action, US Judge Rules
CNBCTV18
"A $5.6 billion settlement over card swipe fees in 2019 doesn’t apply to a new set of antitrust cases accusing Visa Inc. of monopolising the debit card market, a US federal judge ruled. The two sets of cases do overlap, but the facts in the new group “are materially different” from the earlier group, US District Judge Margo Brodie ruled on Wednesday (August 20) in Brooklyn, New York."
August 15, 2025
On the web
Visa Expands Click to Pay Across Asia Pacific with 2C2P, Adyen, AsiaPay and Worldpay
Visa
"Visa announced the expansion of Click to Pay across Asia Pacific through strategic partnerships with payment enablers 2C2P, Adyen, AsiaPay, and Worldpay. By allowing customers to retrieve their saved, tokenised payment details using a mobile number or email alias, Click to Pay eliminates the need to manually enter card information. Transactions are tokenised, merchants benefit from improved security and experience an average uplift of 2.5% in payment success rates."
August 13, 2025
On the web
Money Travels: 2025 Digital Remittances Adoption Report
Visa
"Visa’s Money Travels: 2025 Digital Remittances Adoption Report underscored that globally digital apps are firmly the preferred method for people to send and receive remittances. Thanks to their ease of use and security features, apps are the favoured way to send and receive payments in every country surveyed, with the overall indication that there will be an increase in sending remittance in the future."
August 12, 2025
On the web
‘Future Will Be Combination of Traditional and Crypto Payments,’ Says Visa’s Crypto Chief as Stablecoin Market Hit $269B
Crypto News
"Visa’s head of crypto, Cuy Sheffield, predicts the future will combine traditional and crypto payments as the stablecoin market reaches $269 billion, growing 62% over the past year with potential to expand to $2 trillion within three years. The payments giant has surpassed $200 million in cumulative stablecoin settlement volume while positioning itself as a bridge between traditional finance and digital assets rather than viewing stablecoins as a threat to its core business."
August 6, 2025
On the web
Visa Extends Cybersecurity Expertise, Prioritizing Proactive Defense Strategies for Clients
Visa
"Visa is creating new opportunities for clients to leverage its deep expertise in cybersecurity through its value-added services and risk management offerings. As a part of this strategy, Visa announced the launch of the global Visa Cybersecurity Advisory Practice, empowering clients with analysis of the risk landscape along with the actionable insights needed to identify, evaluate, and thwart emerging cybersecurity threats."
July 31, 2025
On the web
Visa Expands Stablecoin Settlement Support
Visa
"Visa’s settlement platform is adding support for two additional USD-backed stablecoins, two blockchains and the euro-backed EURC. Through a new partnership with Paxos, Visa will be able to support two additional dollar-backed stablecoins, Global Dollar (USDG) and PayPal USD (PYUSD), bringing the transformative power of two more trusted stablecoins to our partners"
July 30, 2025
Top Post
Visa Brings Google Pay Integration to Fleet Cards, Enabling Tokenization and Push-to-Wallet Across the Digital Wallet Ecosystem
Visa
"Visa announced a major advancement for Fleet Operators. With the addition of Google Pay tokenization and push-to-wallet, Visa addresses the long-standing challenge of fleet data tags being tied solely to the plastic card chip. Now, fleet data tags can be configured by the issuer, fintech, or processor, allowing custom data tags to be dynamically provisioned during the tokenization process."
July 25, 2025
On the web
How AI Is Transforming Fraud — and What You Can Do
Visa
"At the Visa Payments Vault in Washington D.C., Axios Publisher Nicholas Johnston sat down with Michael Jabbara, SVP of payment ecosystem risk and control at Visa, to tackle a rising concern that should have everyone’s attention: the growing threat of AI-powered fraud. With cybercrime costs expected to hit a staggering $10.5 trillion this year, Jabbara pulled back the curtain on what’s keeping him up at night, and how businesses and consumers alike can fight back. Here are seven key takeaways from their eye-opening chat:"
July 10, 2025
Top Post
Apple, Visa and Mastercard Win Dismissal of Merchant Antitrust Lawsuit Over Payment Fees
Reuters
"Apple, Visa and Mastercard have persuaded a U.S. judge to dismiss a lawsuit accusing them of conspiring to suppress competition in the payments network market and causing merchants to pay inflated transaction fees."
July 7, 2025
On the web
Visa’s Blockchain Leap Redefining Global Payments
Blockchain Magazine
"Visa is pioneering blockchain with two key projects. The Visa Tokenized Asset Platform (VTAP), launched in October 2024, enables banks to issue digital tokens, like stablecoins (digital currencies tied to dollars) or tokenized bank deposits, on public blockchains like Ethereum. In 2025, Visa partnered with Bridge, a Stripe-owned startup, to expand stablecoin payments in Latin America, allowing freelancers in Mexico or Argentina to receive payouts quickly at Visa’s 150 million merchant locations."
June 30, 2025
On the wires
FIS and Visa Deepen Their Relationship to Provide Regional and Community Banks With Easier Access to Powerful Payments Capabilities
FIS
"FIS and Visa have expanded their relationship to collaborate on new value-added payment capabilities for financial institutions of all sizes, helping to level the technological playing field for regional and community banks across money in motion."
June 19, 2025
On the web
Visa Expands Stablecoin Initiatives in CEMEA
Visa
"Visa announced significant advancements in its stablecoin initiatives, with expanded settlement capabilities in the Central and Eastern Europe, Middle East, and Africa (CEMEA) region and a strategic partnership with Yellow Card, a leading pan-African fintech."
June 16, 2025
On the web
Visa Releases Money Travels: 2025 Digital Remittances Adoption Report for North America
Visa
"Visa Inc. unveiled its Money Travels: 2025 Digital Remittances Adoption Report, highlighting the growing influence of digital remittance applications in North America, driven by convenience, security, and user-friendly experiences. Pain Points: Fees: High fees remain a concern, with 27% of U.S. and 30% of Canadian respondents citing this as a major issue when sending digitally. Traditional methods and hidden fees: 35% of U.S. and 28% of respondents said they had experienced some kind of hidden fee when using cash, checks or money orders."
June 12, 2025
On the web
Visa, Chainlink Successfully Complete CBDC, Stablecoin Swap Between Hong Kong, Australia
CryptoSlate
"Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used for cross-border investment in tokenized assets."
June 9, 2025
Top Post
Visa Launches New Company in Brazil to Enter Pix
Brazil Journal
"Visa announced that it is creating a new company in Brazil to capture a slice of PIX, which already accounts for 35% of all ecommerce transactions. The move is part of Visa's global strategy to transform itself into a financial transaction technology company, going beyond credit and debit cards. Named Visa Conecta, the new company will be a payments institution and will initially operate only as a PIX 'payment initiator'. Last November, Visa already applied for the ITP license with the Central Bank, and the expectation is that it will be issued by November of this year."
June 4, 2025
On the web
Visa Study Reveals UAE Consumers Would Shop More Online with Simpler Checkout Experience
Visa Middle East
"Visa, a global leader in digital payments, today announced the findings of its “Checkout Friction Report”, which highlights strong consumer demand for a more secure and seamless eCommerce experience. Despite the widespread adoption of eCommerce and significant progress in growing the UAE’s digital economy, opportunity remains for retailers to enhance checkout experience and increase customer satisfaction."
June 3, 2025
On the web
Visa, Ant International, Grab, Tencent Team Up to Grow AI Commerce
TNGlobal
"Global payment firm Visa announced that it is in explorations with Ant International, Grab, and Tencent to grow artificial intelligence (AI) commerce by enabling a secure and seamless checkout experience. Visa said in a statement that the firm is advancing its infrastructure, standards, and capabilities to power AI-driven commerce, opening new opportunities for consumers across Asia Pacific."
June 2, 2025
On the web
Visa Debuts Pay-By-Bank Solution in the UK
IBS Intelligence
"Visa has launched its account-to-account (A2A) payment solution in the UK, marking a significant step forward in the evolution of bank transfer payments. Designed to enhance consumer protection and streamline payments for businesses, the new offering enables users to manage bill and subscription payments directly through their banking apps, with Visa’s established security framework now extending to these transactions."
Visa Readies Agentic AI Tools for Consumer Payments
Digital Finance
"Visa is experimenting with agentic artificial intelligence that would add automated execution for consumers to queries on large-language models. Visa has announced its Intelligent Commerce product, which in Asia is being tested with partners including Ant International, Grab and Tencent, as well as with LLM companies in the US such as OpenAI, Perplexity and Anthropic."
May 28, 2025
On the web
Visa Brings Click to Pay to Hong Kong with ZA Bank
IBS Intelligence
"Visa has announced the official rollout of Click to Pay in partnership with ZA Bank, Hong Kong’s first and largest virtual bank. This launch makes ZA Bank the first card issuer across Asia Pacific to enable the Visa Click to Pay solution, with further expansion planned in 11 additional regional markets."
May 22, 2025
On the web
Visa and Mastercard Are Developing Artificial Intelligence ‘Agents’ to Spend Your Money for You
ABC
"Visa and Mastercard want to give artificial intelligence bots more control of Australians' bank cards, in a technological advancement they say could "revolutionise" shopping. The world's leading digital payment companies separately announced plans late last month to develop AI technology to streamline modern retail and allow autonomous agents to spend shoppers' money for them."
May 21, 2025
On the web
Visa Launches Commercial Integrated Partners to Turbo-Charge the Fintech Ecosystem
Visa
"Visa announced Visa Commercial Integrated Partners, a new program designed to improve connectivity between fintechs and Visa Commercial products through its commercial platform. Visa will make available advanced APIs to embed Visa products in a business partners’ applications and make these integrations available to its financial institution clients, allowing them to offer new, seamless payment experiences to their business customers."
Visa Announces the General Availability of Visa AR Manager in the U.S.
Visa
Visa announced the general availability of its innovative product, Visa AR Manager, in the United States. Visa AR Manager is designed to grow and maintain existing card volume by automating the virtual card transaction process, addressing a significant pain point for suppliers accepting commercial credentials.
May 13, 2025
On the web
Visa and Ubisoft Partner to Blend Gaming and Digital Payments
IBS Intelligence
"Visa has announced a three-year strategic partnership with Ubisoft, the renowned video game developer and publisher headquartered in France. This partnership marks a significant step in the convergence of gaming and financial services in Europe and the UK."
May 6, 2025
On the web
Visa Invests in Stablecoin Platform BVNK as It Doubles Down on Digital Asset Strategy
Crypto Briefing
"Visa Ventures, Visa’s global investment arm, has made an investment in BVNK, a stablecoin payment infrastructure provider. “We’re proud to support BVNK as they help accelerate global adoption of stablecoin payments,” said Rubail Birwadker, Head of Growth Products and Partnerships at Visa, in a statement. Birwadker said the move reflects Visa’s belief that stablecoins are becoming a mainstream part of global payments. This also marks the company’s first strategic investment in stablecoin infrastructure."
May 1, 2025
On the web
Visa Launches AI Agents for Shopping [Video]
YouTube
"Visa announced that it is allowing customers to use AI platforms to make purchases and is collaborating with Anthropic, Microsoft Corp, OpenAI and other AI firms on the product launch. Visa CEO Ryan McInerney speaks with Bloomberg Technology's Caroline Hyde about how the company is enabling AI agents to help customers save time on finding and paying for the ideal item or service online."
April 30, 2025
Top Post
Find and Buy with AI: Visa Unveils New Era of Commerce
Visa
"AI is transforming how we shop and pay. Visa is bringing the power of its network and decades-long expertise to bring trust and security to AI-driven commerce. Introduced today at the Visa Global Product Drop, Visa Intelligent Commerce enables AI to find and buy. It is a groundbreaking new initiative that opens Visa’s payment network to the developers and engineers building the foundational AI agents transforming commerce."
The Future is Here: Visa Announces New Era of Commerce Featuring AI
Visa
"Visa kicked off its Global Product Drop by sharing how the combination of AI and digital commerce will mark a significant shift in the way consumers discover and buy products and services. In the near future, consumers will enable AI agents to browse, select, purchase and manage on their behalf. For this to be possible, agents will need to be trusted with payments, not only by users, but by banks and sellers as well."
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