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US Department of Justice Files Anti-Trust Suit Pertaining to Visa Acquisition of Plaid

In a blow to a significant Fintech, the US Department of Justice has filed suit in federal court pertaining to Visa’s (NYSE:V) pending $5.3 billion acquisition of Plaid, a top open banking platform. Last January, Visa announced its intent to purchase Plaid. At that time,… Read More

Underserved Singapore based SMEs are Now Considering Switching to Digital Banks: Visa Survey

  Payments giant Visa recently published a study on Digital Banking and SMEs in Singapore. According to the report, 88% of Singapore’s SMEs are now considering switching over to an all-digital banking platform. These findings of the study have been released at a time when the… Read More

Lastbit Joins Visa’s Fintech Fast Track program

Lastbit Inc. has joined Visa’s Fintech Fast Track program, thus accelerating the process of integrating with Visa and allowing the company to more easily leverage the capabilities of Visa’s global payments network. Lastbit is developing a payments platform that enables consumers to utilize Bitcoin and make… Read More

Visa to Acquire Miami based YellowPepper, a Payments Technology Firm, in order Expand Global Operations

Visa (NYSE:V) is reportedly planning to acquire YellowPepper, a payments tech company, in order to extend its global operations into the Caribbean and other jurisdictions. Established in 2014 and fully operational in nine different Latin American (LatAm) nations, the Miami-headquartered firm serves around 50 clients… Read More

Majority of Pakistani Consumers to Make Digital Payments for Online Purchases, Instead of Visiting Physical Stores, Even After COVID: Survey

Visa (NYSE: V), the global leader in digital payments, recently published the results of its survey which aimed to assess the impact of COVID-19 on consumer behavior in Pakistan. Visa’s Stay Secure survey reveals Pakistani consumers’ general views about conducting digital transactions, their preferences and… Read More

Visa Announces Expansion of Partnership With PayPal For Fund Access Around the World

Visa Inc (NYSE: V) announced on Thursday it has extended its partnership PayPal (NASDAQ: PYPL) to the provider what it believes is faster access to funds around the world. The partnership expansion notably follows the successful launch of the Instant Transfer service across North America, as… Read More

Intelligent Payment Solutions Provider Plastiq Launches on Visa’s Small Business Hub

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Friday it has launched on Visa’s Small Business Hub. According to Plastiq, the Visa Small Business Hub helps the small business community to create and strengthen customer relationships through claimed safe, digitally-enabled practices. “The… Read More

Visa to Expand into Installment Payments Business, Currently Working with Partners ChargeAfter, Commerce Bank, Tsys

Payments giant Visa (NYSE: V) is reportedly set to enter the emerging installment payments sector. Visa’s management said the firm is currently working with several partners on various initiatives in the US. Installment payments, where consumers at the point-of-sale are able to pay off their… Read More

Cuy Sheffield, the Head of Crypto at Visa, Argues that Central Bank Digital Currencies Could be One of the Most Important Developments in the Coming Decade

Cuy Sheffield, the head of Crypto at Visa, says that central bank digital currencies (CBDC) could potentially prove to be one of most important developments in the coming decade. Sheffield, who previously worked in business development at TrialPay, is now responsible for overseeing Visa’s crypto-related… Read More

Visa Teams Up With TerraPay to Drive Real-time Payments Interoperability

Visa Inc. (NYSE: V) announced on Wednesday it has formed a new partnership with TerraPay, a global payments infrastructure company, for the development and delivery of payment solutions in an effort to drive financial inclusion and cashless transactions for domestic payments and global remittances. The… Read More

Visa Unveils Advanced Identity Score to Help Financial Institutions Prevent New Account Fraud

Visa Inc. (NYSE: V) announced on Monday it has launched a digital tool, Advanced Identity Score, to help U.S. financial institutions with their efforts to combat new account fraud. According to Visa, Advanced Identity Score combines Visa’s artificial intelligence and predictive machine learning capabilities with… Read More

Visa Ventures, the Payment Firm’s Fintech Investment Division, Invests Strategically in Analytics Firm GoodData

GoodData, an established global analytics firm, confirmed on May 20, 2020 that it had formed a partnership with digital payments giant Visa (NYSE:V). As noted in a press release, Visa Ventures has made a strategic investment into GoodData’s operations. Visa plans to continue supporting access… Read More

Plaid Launches Plaid Exchange to Accelerate Consumer-Permissioned Data Access Strategies for Financial Institutions

Fintech Plaid has announced the launch of “Plaid Exchange,” an open banking platform for financial institutions. The company states that the API solution for all financial institutions will help propel the industry closer to a fully digital future. Plaid says the launch comes at a… Read More

Visa Teams Up With Safaricom to Enable the Development of Products to Support Digital Payments For M-PESA Customers

Safaricom, a Kenya-based telecom company and operator of M-Pesa, announced last week it has formed a new partnership with Visa (NYSE: V) to enable the development of products that will support digital payments for M-PESA customers. M-Pesa is a mobile banking service that allows users… Read More

Wirecard to be Named Preferred Payment Processor For Visa to Boost Visa Fintech Fast Track Program in the Middle East

  Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has joined forces with Visa to be the preferred payment processor for Visa as a way to boost the Visa Fintech Fast Track Program in the Middle East region. According to… Read More

Mobile Payments Company Paga Partners with Visa to Accelerate Payment Solutions

Mobile payments company Paga earlier this week it has formed a partnership with Visa to accelerate its payment solutions. According to Paga, the Visa partnership is in line with Visa’s goal to drive alternative payment channels, such as mobile wallets, within its global ecosystem. The… Read More

Fiserv Teams Up with Visa, Samsung, PayCore to Test Using Smartphones as PIN-Entry Devices for Retail Payments

Fiserv, Inc. (NASDAQ: FISV), a leading multinational firm focused on offering financial services technology platforms, has teamed up with Visa, Samsung and PayCore in order to test the use of consumer-grade smartphones as PIN-entry devices for retail sales transactions. The new capability can be accessed… Read More

Rapyd Announces Fintech Partnership With Visa

Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday it has signed a new agreement with Visa (NYSE: V) to help expand its worldwide business operations. Through the partnership, Rapyd will collaborate with Visa to offer fintech and payment services, in which… Read More

Automated Platform Astra Joins Visa’s US Fintech Fast Track Program

Astra, an automation platform, recently revealed that it had joined payments giant Visa’s US-based Fintech Fast Track Program. Astra has a mobile app that assists US customers in improving their cash flow and helps them save time using established rules that automatically transfer funds between… Read More

Banking as a Service Provider Bankable Forms Partnership with Visa

Targeting global growth, Bankable, a “Banking as a Service” provider, has formed a partnership with Visa, according to a company release. Bankable said it seeks to provide Visa’s U.S. clients, including corporate customers, access to its real-time and modular banking solutions. Bankable says this will… Read More

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