Archives

October 7, 2022 @ 5:49 pm By Omar Faridi  |  

Visa Canada and TD Securities announced an innovative collaboration as TD becomes the first Canadian financial institution “to join Visa B2B Connect, a cross-border business-to-business (B2B) payments network, enabling account to account, international payments quickly, securely, and with predictability.” According to Visa (NYSE: V) research,… Read More

September 27, 2022 @ 7:42 pm By Omar Faridi  |  

Visa (NYSE: V), one of the world’s leaders in digital payments, has announced its participation in the Canadian expansion of instant transfers, Square‘s solution for rapid merchant settlement. Square’s instant transfers are “enabled by Visa Direct, a VisaNet processing capability helping transform global money movement… Read More

September 23, 2022 @ 8:27 am By Omar Faridi  |  

Finastra and Visa ( NYSE: V) announced a Banking as a Service (BaaS) collaboration to co-develop new functionality on its Payments Hub solutions and implement Visa Direct – which provides access “to more than two billion accounts through push to account offerings.” The new capability… Read More

August 26, 2022 @ 4:56 pm By Omar Faridi  |  

Visa (NYSE: V) announced that the company has now issued more than 4 billion network tokens worldwide “through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help secure digital payments and further accelerate ecommerce innovation and acceptance.” This milestone, which… Read More

August 17, 2022 @ 2:28 am By Omar Faridi  |  

ReceiptHero recently announced that it has joined the Visa Fintech Partner Connect—a program designed “to help Visa’s issuing clients quickly connect with a vetted and curated set of technology providers.” Visa Fintech Partner Connect is “an initiative that provides financial institutions and merchants in Europe… Read More

August 14, 2022 @ 3:17 pm By Omar Faridi  |  

Astra, a provider of instant card-to-card funding as a service in the US, recently announced it is using Visa Direct – which is Visa’s real-time payments service – “to provide fast payments to millions of its end-users who can fund cards, wallets, and other accounts… Read More

August 12, 2022 @ 10:23 pm By Omar Faridi  |  

Visa (NYSE: V) announced that Visa tap to pay will officially “arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g…. Read More

August 10, 2022 @ 7:47 pm By Omar Faridi  |  

Western Union (NYSE: WU) recently announced an update to its existing partnership with Visa (NYSE: V), expanding its integration with Visa Direct, Visa’s real-time1 money movement network, “into Western Union’s United States network.” Western Union’s integration with Visa Direct was “initially activated across Europe, allowing Western… Read More

August 6, 2022 @ 4:17 pm By Omar Faridi  |  

Ranqx, the digital lending platform built for lenders to small-to-medium sized businesses (SMBs), has expanded its working relationship with Visa (NYSE: V) into North America. Before collaborating with Visa in North America, Ranqx worked cooperatively with Visa in its Asia Pacific region. Under the latest… Read More

July 25, 2022 @ 9:47 pm By Omar Faridi  |  

According to Visa (NYSE: V) internal reporting, friendly fraud can “account for up to 75% of all chargebacks.” Mike Lemberger, Senior Vice President of North America Risk at Visa, said: “Friendly fraud is not always friendly, especially from a merchant’s perspective,” The Fair Credit Billing… Read More

June 21, 2022 @ 8:04 pm By Omar Faridi  |  

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

June 18, 2022 @ 1:54 pm By Omar Faridi  |  

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

June 7, 2022 @ 9:50 am By JD Alois  |  

Open banking platform Tink has signed a strategic partnership for open banking technology with Revolut, a popular neobank. Tink’s payment initiation services (PIS) technology is expected to allow Revolut users across Europe to easily move money into their Revolut accounts. PIS enables users to connect… Read More

June 2, 2022 @ 1:07 am By Omar Faridi  |  

Visa (NYSE: V), a “world leader” in digital payments, announced that it is partnering with Fundbox, an embedded working capital platform for small businesses, to strengthen Fundbox’s platform “with the power of digital payments.” The first step in this collaboration “is the launch of the… Read More

May 31, 2022 @ 11:00 pm By Omar Faridi  |  

Sustainable finance service provider ecolytiq has reportedly finalized a €13.5 million financing round that was led by Visa (NYSE: V) along with other blue chip investors. Consulting company PwC Germany also took part in the investment round via a fund that’s managed by Segenia Capital,… Read More

May 10, 2022 @ 11:16 pm By Omar Faridi  |  

Carbonplace, the new carbon credit settlement platform jointly developed by some of the  largest financial institutions, recently announced the successful pilot “transfer of carbon credits through its system” in collaboration with global payments technology company Visa. The transaction, which involved Visa purchasing Verra-certified credits from… Read More

April 6, 2022 @ 10:15 pm By Omar Faridi  |  

PopID, a consumer authentication service, and Visa (NYSE: V), a key player in digital payments, announced a partnership “to collaborate on launching facial verification payment acceptance in the Middle East region.” The goal of the partnership is “to provide cardholders with new safe, secure, and… Read More

March 31, 2022 @ 6:25 pm By Tony Zerucha  |  

Visa is launching a new venture designed to help creators produce their own NFTs. The Visa Creator Program aims to help digital-first artists, musicians, fashion designers, and filmmakers generate revenue with NFTs. Each cycle of the program will support a selected group of entrepreneurs looking to… Read More

March 11, 2022 @ 3:35 pm By JD Alois  |  

Visa (NYSE:V) has completed the acquisition of Tink, a Swedish open banking platform. The acquisition was announced in June 2021 at a valuation of €1.8 billion. At that time Tink stated that it became clear that they shared a common mission with Visa to “connect… Read More

March 6, 2022 @ 1:46 pm By JD Alois  |  

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More