Search Results for: Visa

January 7, 2025 @ 5:04 pm By Omar Faridi  |  

Doha Bank in Qatar has officially introduced Visa Commercial Pay. Doha Bank, which claims to be one of the largest private commercial banks in Qatar is reportedly set to become the first banking platform in the market to  launch Visa Commercial Pay (VCP) and the… Read More

December 30, 2024 @ 12:01 pm By Omar Faridi  |  

Visa (NYSE: V), a global enabler of digital payments, announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the “overall holiday retail spend in the U.S. increased 4.8% year over year.” This is across all forms… Read More

December 23, 2024 @ 6:17 pm By Omar Faridi  |  

Visa (NYSE: V) announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection tech that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security. Visa will now reportedly… Read More

December 20, 2024 @ 3:44 pm By Omar Faridi  |  

Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having  successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More

December 17, 2024 @ 5:47 pm By Omar Faridi  |  

Visa (NYSE: V) says that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in… Read More

November 16, 2024 @ 4:13 pm By Michael Wong  |  

Global card payment processor Visa (NYSE:V)has made strategic investments in four African startups—Ghana’s Oze, Nigeria’s Orda, and Kenya’s WorkPay and OkHi—following their participation in the company’s Africa Fintech Accelerator program. The initiative, launched in 2023, is part of Visa’s broader commitment to invest $1 billion… Read More

November 13, 2024 @ 4:36 pm By Omar Faridi  |  

Visa (V: NYSE) flexible credential is going global by transforming the traditional payment card for a digital future. First in the United States, Visa Flexible Credential will reportedly roll out with the Affirm Card, a debit card that allows eligible consumers to buy now and… Read More

November 11, 2024 @ 1:09 am By Omar Faridi  |  

Tencent announced a partnership with Visa (NYSE: V) to introduce its palm recognition technology for digital payments in international markets. The service will first be rolled out in Singapore, where Visa cardholders from participating banks, including DBS, OCBC, and UOB, will be “part of the… Read More

November 10, 2024 @ 10:01 pm By Tony Zerucha  |  

SentBe, a Korean global FX total solutions provider, partnered with Visa to implement Visa Direct’s card transfer service, which allows for real-time overseas payment through Visa’s global payment network. SentBe is the first in the Korean fintech industry to implement a Visa Direct card transfer… Read More

October 30, 2024 @ 9:53 am By Omar Faridi  |  

Visa (NYSE: V), an enabler of digital payments, announced a partnership with digital assets firm Coinbase (NASDAQ:COIN). This partnership adds convenience and new services for Coinbase customers across the US and EU, including “real-time,” reliable, and “secure” money movement. By integrating with the Visa Direct… Read More

October 29, 2024 @ 10:48 pm By Omar Faridi  |  

Thunes, which claims to be the Smart Superhighway to move money around the world, announced the launch of its new Pay-to-Card solution, broadening the company’s Global Direct Network’s reach. Via this offering, Thunes now connects Members of its Network to 15 billion cards, including Mastercard,… Read More

October 29, 2024 @ 8:39 am By JD Alois  |  

ClearBank and Visa (NYSE:V) have announced a collaboration on “Issuance and Money Movement solutions.” This is for both local and global transactions. ClearBank is regulated by the UK FCA and PRA. In the EU, ClearBank is authorised by the European Central Bank (ECB) and supervised… Read More

October 28, 2024 @ 9:00 am By Tony Zerucha  |  

FV Bank, in partnership with Visa, has announced at Money 20/20 the launch of its new debit cards and corporate expense cards. Available to both U.S. and international customers and businesses, the debit and corporate expense cards can be used worldwide, providing individuals and companies… Read More

October 27, 2024 @ 4:44 pm By Omar Faridi  |  

Visa (NYSE: V), a firm focused on digital payments, announced it is working jointly with the United States Agency for International Development (USAID) to improve access to digital government systems. Following the launch of USAID’s Digital Policy, Visa and USAID will work together to develop… Read More

October 21, 2024 @ 9:14 am By Tony Zerucha  |  

Unity Wallet (formerly Savl) COO James Toledano believes DeFi has the potential to break Visa’s and Mastercard’s dominance of European payment rails, while also allowing Europe to at least partially free itself from depending on American payment rails. Savi is a self-custodial crypto and Web3 wallet… Read More

October 8, 2024 @ 8:39 am By Tony Zerucha  |  

This week, OwlTing Group, a global blockchain Fintech company, announced plans to implement Visa Direct solutions under a global agreement with Visa to provide real-time cross-border payments for individual and business customers. This agreement allows OwlTing to potentially reach more than 8.5 billion endpoints in… Read More

October 4, 2024 @ 8:35 am By Omar Faridi  |  

Visa Tokenized Asset Platform (VTAP) is a product that is designed to help banking service providers issue fiat-backed tokens. BBVA will reportedly be using VTAP in order to create digital tokens on the public Ethereum (ETH) blockchain with expected live pilots in 2025. Visa (NYSE:… Read More

September 30, 2024 @ 3:54 pm By Omar Faridi  |  

Rohit Chopra, the Consumer Financial Protection Bureau (CFPB) Director, issued this past week a statement on the US Justice Department’s Lawsuit Against Visa (NYSE:V). CFPB Director Rohit Chopra has highlighted key points regarding the U.S. Department of Justice’s lawsuit against Visa, the payment network conglomerate…. Read More

September 30, 2024 @ 1:05 pm By Tony Zerucha  |  

This past week Visa (NYSE: V) announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payment fraud and financial crime risks. Visa said the acquisition of Featurespace will complement and… Read More

September 26, 2024 @ 9:50 am By JD Alois  |  

As was previously reported, the US Department of Justice (DOJ) has filed a lawsuit against Visa (NYSE:V) claiming uncompetitive practices that stifle innovation while keeping costs high for consumers. A statement by the Competitive Enterprise Institute (CEI) posted this week counters this argument, claiming the DOJ’s… Read More