Tagged: visa

September 30, 2020 @ 10:36 pm By Omar Faridi  |  

Singapore‘s United Overseas Bank (UOB), a multinational banking organization with branches mostly based in Southeast Asian countries, has reportedly become the world’s first lender to use a new Visa API that allows clients to add cards to third-party apps without having to carry or use… Read More

September 30, 2020 @ 9:33 pm By Omar Faridi  |  

Electronics giant Samsung has teamed up with Visa and Solarisbank, a German banking platform, in order to allow residents in Germany to link their accounts to contactless mobile payments services. Customers who sign up for Samsung Pay will get a virtual Visa debit card that… Read More

September 19, 2020 @ 3:10 pm By Omar Faridi  |  

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

September 15, 2020 @ 11:09 am By Samantha Hurst  |  

 Visa Canada announced on Tuesday the expansion of the “Click to Pay” feature in Canada. According to Visa Canada, the feature helps consumers make secure, swift purchases across various merchants and platforms, which is now more important than ever before given the world’s accelerated shift… Read More

September 10, 2020 @ 10:18 am By Samantha Hurst  |  

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

September 8, 2020 @ 12:00 pm By Omar Faridi  |  

Cred, a digital asset lending and borrowing platform, revealed on September 8, 2020, that it has joined Visa’s Fintech Fast Track program, in order to speed up the process of integrating with the payment giant’s global network. As mentioned in a release shared with CI,… Read More

September 7, 2020 @ 11:03 pm By Omar Faridi  |  

Payments giant Visa has teamed up with Pakistan’s Daraz, an online marketplace and logistics firm which operates in markets of South Asia and Southeast Asia (owned by Alibaba Group). Through the long-term, strategic partnership, the companies will introduce “Visa Mondays,” which will allow Daraz customers… Read More

August 17, 2020 @ 11:41 am By Samantha Hurst  |  

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

August 11, 2020 @ 8:50 pm By Omar Faridi  |  

NetCents Technology Inc (CSE:NC) (FSE:26N) has reportedly joined Visa’s Fintech Fast Track Program in order to enhance its payments platform. NetCents is a digital currency payments technology firm that will now be offering a Visa payment card to customers in the US and Canada. Like… Read More

August 2, 2020 @ 2:01 pm By Omar Faridi  |  

Digital payments experienced a surge in India during July 2020. UPI transactions increased by 11% month-over-month to $38.7 billion in July. Unified Payments Interface (UPI) is an instant real-time payment system that has been created by India’s National Payments Corporation. It aims to facilitate inter-bank… Read More

July 16, 2020 @ 1:44 pm By JD Alois  |  

Plaid is a Fintech that jumped to the top of the news cycle when Visa (NYSE: V) announced in January that it was acquiring the Fintech for $5.3 billion. Plaid’s services enable consumers the ability to share their financial information with thousands of apps and… Read More

July 15, 2020 @ 9:50 pm By Omar Faridi  |  

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

July 14, 2020 @ 1:40 pm By Samantha Hurst  |  

Global fintech platform Nium (formerly known as InstaReM) announced on Tuesday it has expanded Visa Card insurance service in Europe. This news comes just after Nium announced similar services in Australia. Founded in 2015 as InstaReM, Nium is on a mission to improve the cross-border… Read More

July 13, 2020 @ 7:52 am By JD Alois  |  

Lloyds Bank is in the process of incorporating a new subscription management service within its banking app, according to a release from the company. The new service will be provided in partnership with Minna Technologies and Visa. The subscription management service will enable users to… Read More

July 6, 2020 @ 11:34 pm By Omar Faridi  |  

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

July 1, 2020 @ 9:47 pm By Omar Faridi  |  

DayTek Capital, a company focused on building Australia’s first “product-disruptive” neobank, is the latest firm to join Visa’s Fintech Fast Track program as it prepares for the launch of Infinity, an all-digital banking challenger. By joining the program, DayTek Capital will be able to help… Read More

June 30, 2020 @ 10:30 pm By Omar Faridi  |  

India-based LivQuik, a company that aims to enable the efficient movement of funds, has joined Visa’s Fintech Fast-Track Program. Visa’s fast-track program offers a new commercial framework that allows clients to easily access the payment giant’s services in order to settle transactions more efficiently. LivQuik,… Read More

June 29, 2020 @ 9:50 pm By Omar Faridi  |  

UK-based Railsbank, an Open Banking and Regtech solution provider, revealed on June 29, 2020, that it has gained Hong Kong Fintech Statrys as a new client. Statrys offers digital business accounts, advanced payment options, and forex solutions for SMEs based in Asia. It provides convenient… Read More

June 24, 2020 @ 9:25 am By Samantha Hurst  |  

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

June 24, 2020 @ 7:44 am By Omar Faridi  |  

Brazil’s reserve bank has reportedly instructed Mastercard and Visa to suspend processing transactions on behalf of WhatsApp. As reported on June 15, 2020, the Facebook-owned WhatsApp messaging platform began facilitating payments in Brazil. However, the Central Bank of Brazil (BC) has now taken action against… Read More