Tagged: visa

UK Payment Systems Regulator Determines Mastercard and Visa Do Not Have Enough Competition

Today, the UK Payment Systems Regulator (PSR) has decided that cards do not face effective competition. The PSR states that it has “provisionally” determined there is not enough competition in the supply of scheme and processing services to acquirers. Additionally, pricing is complicated, having risen… Read More

Digital Payments Fintech SKUx Enters Agreement with Visa

SKUx, an enabler of digital instant payments innovation, announced it has signed an agreement with Visa (NYSE: V), a digital payments provider. The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies “that leverage SKUx’s payment-based offer solutions – supporting a… Read More

Fintech Dwolla and Visa Streamline Pay By Bank Experience for Enterprise Businesses

Dwolla, a U.S.-based account-to-account (A2A) payment solution provider, today announced its strategic collaboration with Visa (NYSE: V), an enabler of digital payments, in order to bring advanced account verification capabilities to Dwolla’s A2A solution. This relationship enhances Dwolla’s ability to provide “a single, streamlined solution for… Read More

Digital Transformation: Visa Introduces Payments Products for Global Economy

The way people pay and get paid has changed more in the past five years than in the last 50, according to an update from Visa (NYSE: V). Consumers have evolved, adapting to new payment experiences – “from the advent of embedded, digital commerce to… Read More

Visa Introduces Generative AI Enhanced Fraud Solution to Combat Account Attacks, Threat Actors

Threat actors are leveraging sophisticated technologies, like automated scripts and botnets, to amplify their card testing attacks, “allowing them to exploit vulnerabilities at an unprecedented scale and speed.” This, according to an update from Visa (NYSE:V). These attacks, known as enumeration attacks, “inflict operational expenses… Read More

Over 90% of Stablecoin Transaction Volumes Are Not Initiated By Real Users, Study Finds

Over 90% of stablecoin transaction volumes are not being attributed to transfers made by legitimate users, according to a metric created by Visa Inc. (NYSE: V), indicating that these crypto tokens could be far away from becoming a popular method of payment. The dashboard from… Read More

Visa and JP Morgan Payments to Enable Faster Money Movement in the US via Visa Direct

Visa Inc. (NYSE: V) and JP Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers by introducing faster domestic payments in the US through the Visa Direct network. With Visa Direct’s extensive… Read More

Tink, Transfergo Partner on International Transfers, Payments

TransferGo, and Tink have announced a partnership to enable international transfers and payments call Pay by Bank. Owned by Visa, Tink is a payments and transfers Fintech that is connected to over 6000 banks. Founded in Sweden, the company also provides banking and lending solutions…. Read More

Cross-Border Payments: Visa Joins AWS Partner Network to Enhance Digital Transactions

Visa (NYSE: V), a global digital payments provider, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help “enable its partners… Read More

Fintech Airwallex Announces Borderless Visa Cards for Business Expense Management in Canada

Airwallex, a global payments and financial platform for modern businesses, introduced the Airwallex Borderless Visa Card in Canada. The virtual card is issued by Peoples Trust Company, “part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is… Read More

Skipify, Visa Team Up To Improve Checkouts

Skipify, a Fintech focused on the checkout experience, this week announced its partnership with Visa through the Visa Digital Commerce Program. By combining Visa’s digital payment capabilities with its digital wallet, Skipify hopes to deliver a convenient and secure consumer checkout experience. In early phases… Read More

Visa to Enhance Subscription Economy with New Services

The global subscription market is on a steady rise, expected to reach a staggering $406B by 2025, according to an update covering the payments landscape. As the trend of consumers subscribing to services in sectors “such as retail, food and more increases, so does the… Read More

Visa’s New AI Suite Targets $40bn in Fraud Prevention

Credit card major Visa Inc. is poised to enhance its fraud-prevention capabilities by incorporating three new artificial intelligence (AI)-powered tools into its product suite for business clients, according to a Bloomberg report. This move underscores the company’s commitment to leveraging advanced technology to bolster security… Read More

Visa, Thunes Expand Payment Networks Across Key Markets

Thunes, a Singapore-based cross-border payments company, announced its enhanced strategic partnership with Visa, the global titan in digital payments. This collaboration is set to introduce new payment endpoints across vital markets in Asia and Africa, marking a significant step forward in the expansion of digital… Read More

Ransomware Still Among Major Scams Impacting Consumers and Businesses Globally – Report

Visa (NYSE: V) released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors “targeting the most vulnerable point in the payments’ ecosystem: humans.”… Read More

Visa and Taulia to Make Embedded Finance More Accessible

Visa (NYSE:V), a global enabler of digital payments, and Taulia, an SAP company, and a  provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s digital payments technology into Taulia Virtual… Read More

SafePal Announces Investment in Swiss Bank Fiat24, Introduces In-App Banking Gateway, Linked Virtual Crypto Visa Card

2024 has ushered in more mainstream attention with the approval of the Bitcoin ETFs, the team at SafePal noted in a recent update. Regardless of market movements, the team at SafePal claims that it continues to focus on building products, developing features, and “improving their… Read More

Fintech DailyPay, a Launching Partner for Visa+, Announces New Service for Clients in the US

DailyPay, a launching partner for Visa+, announced that the innovative new service is available to DailyPay’s millions of users nationwide. Launched in late 2023, the mission of Visa+ is to create “an interoperable future, where paying across services is as seamless as using any one… Read More

Visa and Western Union to Enhance Cross-Border Transactions

Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be “able to send money to their family and friends’ eligible Visa cards and bank accounts in 40 countries across five regions.” The agreement encompasses… Read More

Fintech Checkbook and Visa to Expedite Disbursements to Businesses

Checkbook, an all-in-one payments platform, announced a multi-year collaboration with Visa (NYSE:V) aimed at expediting disbursements to businesses, institutions, and individuals across millions of endpoints around the country. This announcement builds on Visa and Checkbook’s incremental collaboration “with Checkbook having participated in the Visa FastTrack… Read More

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