Tagged: jack forestell

Visa Finalizes Pismo Acquisition

Visa (NYSE:V) announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform. With the transaction complete, the combination of Visa and Pismo will “provide clients with core banking and card-issuer processing capabilities across all product types via… Read More

Visa Launches $100M Generative AI Ventures Initiative

Visa (NYSE: V), a global firm focused on payments, announced a new $100 million generative AI ventures initiative in order “to invest in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.”… Read More

Visa Invests in Form3 with Focus on Reducing Fraud, Streamlining Real-Time Payments

Form3 announces that Visa (NYSE:V) has invested in the cloud-native account-to-account platform, which will help Form3 continue its expansion. This funding is in parallel to news that Form3 will “provide Visa’s clients with access to their payments platform, to enable them to modernize their payments’… Read More

Visa to Acquire Pismo. a Banking and Payments Tech Firm, For $1B

Visa (NYSE: V) recently announced it has signed a definitive agreement to acquire Pismo for $1 billion in cash. Together, they will be positioned “to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial cards for clients via cloud native APIs.”… Read More

Visa Tokens Reportedly Exceed Physical Visa Cards in Circulation

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

Visa Teams Up with Fundbox to Support Payment Capabilities for Small Businesses

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

Fintech Unicorn TransferWise to Expand its Debit Card Program with Assistance from Payments Giant Visa

UK-based Fintech Unicorn TransferWise is reportedly expanding its debit card program into many new markets after entering a worldwide deal with payments giant Visa (NYSE:V). Through the partnership, TransferWise will be connecting to Visa’s international transaction processing network (via the Cloud). TransferWise confirmed that it’s… Read More

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