Tagged: visa

Visa-Plaid Acquisition: Sign of the Times

On January 13th, Visa (NYSE: V) announced it had purchased the Fintech Plaid as the old school credit card rails company seeks to boost its innovation cred. Visa paid a whopping $5.3 billion to acquire Plaid – a nice exit for early investors. Al Kelly,… Read More

Plaid Has Been Acquired By Visa

Plaid, a U.S.-based fintech startup, announced on Monday it has been acquired by Visa. The companies both revealed that Visa will pay total purchase consideration of $5.3 billion through the acquisition. Founded in 2012, Plaid stated it is focused on enabling “innovation and democratizing” financial… Read More

Euronet Worldwide Teams Up With Visa to Fuel Fintech Growth in Asia Pacific

Euronet Worldwide (NASDAQ: EEFT), a global fintech solutions and payments provider, recently announced it has teamed up with Visa to fuel and sustain the growth of fintech companies in the Asia Pacific region. According to Euronet, the partnership utilizes Euronet’s Digital Integrated Payment Cloud (DIPC)… Read More

Visa Partners With MFS Africa To Bring Digital Payments to More Consumers & Businesses Across Africa

Visa announced on Wednesday it is teaming up with pan-African fintech MFS Africa to help bring digital payments to more consumers and businesses throughout Africa. The duo reported that MFS Africa, which connects through one API more than 180 million mobile wallets on the continent,… Read More

NovoPayment Expands Strategic Partnership With Visa in Latin America & the Caribbean

NovoPayment, an enabler of digital financial services for the Americas, announced on Tuesday it has expanded its strategic partnership with Visa in Latin America and the Caribbeans. Along with the partnership expansion, Visa has reportedly made a strategic investment in NovoPayment. NovoPayment reported that over… Read More

Bankable & Visa Announces New Middle East & Africa Hub in Dubai

UK-based banking as a service platform Bankable, along with Visa, announced last week they have formed a strategic collaboration within the Central and Eastern Europe, Middle East and Africa (CEMEA) region. Through the collaboration, Bankable is opening an office at the Dubai International Financial Center… Read More

Switzerland-based Cornèrcard Partners with Gemalto and Visa to Launch Card Featuring Biometric Fingerprint Reader

Switzerland-based Cornèrcard has partnered with Gemalto and Visa in order to introduce the nation’s first credit card that features a biometric fingerprint reader. As noted on Cornèrcard’s official website: “With the exclusive Cornèrcard Biometric Gold Visa credit card you hold a … high-tech product in… Read More

Nestle Grocery Store in Spain Introduces New Facial Recognition Payment System Designed By CaixaBank

A Nestle grocery store based in Spain has introduced a facial recognition payment system designed by CaixaBank and the institution’s Payment Innovation Hub alliance. Samsung, Global Payments, Visa, and Arval are members of the alliance. Nestle’s Face to Pay Market application can be downloaded from… Read More

Marqeta Partners with Visa, Targets 4.3 Billion Asia Pacific Population

Visa (NYSE:V), the ubiquitous credit card and payments rails, and Marqeta, the modern card issuing platform, have announced a new partnership designed to “ease global expansion for multinational card programs.” The project is said to provide a streamlined developer-friendly path for Visa issuers to launch… Read More

Visa Teams Up With GM Security Technologies to Promote Payment Security in Latin America & The Caribbean

Cybersecurity company GM Security Technologies announced on Friday it has teamed up with Visa to accelerate the of secure, compliant and trustworthy digital payment eco-systems in Latin America and the Caribbean. Through the collaborations, the companies will be hosting a regional roadshow to educate issuers, merchants, acquires, and third… Read More

Blockchain-Based B2B Payments Platform Paystand Appoints Fintech Veterans From Fiserv, PayPal, & Visa to Fintech Advisory Council

PayStand, a blockchain-based, B2B payments firm, announced on Thursday it has appointed four globally recognized fintech veterans from Fiserv, PayPal, and Visa to its Fintech Advisory Council. According to PayStand, the council comes on the heels of a record-breaking year for the company, with revenue… Read More

PayPal Exits Facebook’s Controversial Stablecoin Project Libra

Paypal, one of the founding members of the Libra Association, has exited the controversial stablecoin project.  Earlier, the Financial Times reported that the digital payments giant PayPal might be pulling out of the Facebook-led cryptocurrency project due to regulatory issues. This afternoon, WSJ.com has confirmed… Read More

Report: Prominent Libra Association Members Now Hesitant About Officially Endorsing Facebook’s Currency Project

Officials at Visa, Mastercard, PayPal, and Stripe are reportedly hesitating now about officially signing on as members of the Libra Association, a governance consortium assembled by Facebook to advise on its proposed private, in-app currency system, Libra. The 28 current members of the Libra Association are reportedly being asked… Read More

Digital Bank Revolut Plans to Hire 3500 New Staff Members for Company’s Global Expansion

Revolut, a UK-based digital bank and Fintech unicorn, will be hiring around 3500 new staff members, as the company expands its operations into 24 new markets.  Revolut’s expansion plans involve a new global partnership with payments giant Visa Inc, the two companies revealed on September… Read More

U.S. Insurtech Lively Teams Up With Visa to Add New Debit Processor For HSA Program

U.S.-based insurtech Lively announced on Tuesday it has partnered with Visa to add a new debit card processing to its HSA program. Lively reported its customers now have access to their HSA funds and what the company believes is quick, reliable debit transactions secured by… Read More

MoneyGram Teams Up With Visa to Launch New Debit Card Deposit Service

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has teamed up with Visa to launch a new debit card service. MoneyGram reported that the money transfer option will allow customers in the U.S. to send money domestically through its mobile app or… Read More

NovoPayment Announces Acceleration of Digital Payments in Latin America & the Caribbean With Visa Direct

NovoPayment, an enabler of digital financial services for the Americas, announced on Wednesday it may now scale the deployment of Visa Direct for instant payments, P2P and P2M payments, account-to-account payments, fast funds, and mass payouts, as well as the use of Visa Token Services…. Read More

Visa’s Fintech Fast Track Program Launches in the U.S.

Visa announced on Wednesday it is launching its Fintech Fast Track program in the U.S. According to Visa, Fast Track aims to speed up the process of integrating with Visa, to allow startups the ability to more “easily leverage” the reach, capabilities and security VisaNet,… Read More

Report: Facebook Assembling “Army” of Washington Lobbyists to Bend Ears on Libra

Facebook has added the services of two lobbying firms specializing in financial services to its squad of existing lobbyists to try and curry favour for Libra, Facebook’s proposed cryptocurrency project, among regulators in Washington, Politico reports. According to to the outlet: “Facebook has also been… Read More

India B2B Payments Platform Paymate Raises $25 Million Through Series D Funding Round With Participation from Visa

Paymate, an India-based B2B payments platform, has reportedly secured $25 million through its Series D funding round, which included participation from credit card giant, Visa, as well as other investors like Recruit Strategic Partners (Venture capital Arm of Recruit Co. Ltd. Japan), Brand Capital, existing… Read More

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