August 12, 2017 @ 12:31 pm By Xu Gao  |  

China Sets up Centralized Clearing Platform for Online Payments The People’s Bank of China, the country’s central bank, has required all banks and third-party payment institutions to connect to a unified platform by June 30 of 2018 to ensure effective regulation and transaction security. The… Read More

July 28, 2017 @ 8:05 am By JD Alois  |  

Visa (NYSE: V) and Marqeta, a payment card issuing platform that can provide consumers with immediate loans, has announced a global partnership to propel innovations in commercial and consumer payments in lending. Visa has also made a strategic investment in Marqeta and led a $25… Read More

July 28, 2017 @ 7:49 am By Jonathan Nieh  |  

TenX, a fintech firm based out of Singapore, is trying to bring cryptocurrencies, like Bitcoin and Ether, out of the digital world and into the real world through the creation of a pre-paid Visa card that will instantly convert cryptocoins into real spendable cash. Bitcoin… Read More

June 28, 2017 @ 4:39 am By Jonathan Nieh  |  

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

June 27, 2017 @ 4:09 pm By Jonathan Nieh  |  

Last week, Visa posted a new job opening for an Ethereum engineer to continue work on the company’s growing blockchain technology products. The company had previously launched an international B2B payment solution that utilized blockchain technology last year. Ethereum Developer Wanted The job posting describes Visa’s… Read More

April 28, 2017 @ 8:54 am By Jonathan Nieh  |  

This week, two separate partnerships involving Fintech education were announced in Singapore. Visa announced it has partnered with the Singapore Fintech Association and five local polytechnic schools to nurture future talent through a series of engagements with students from the schools. IBM also announced this week… Read More

March 16, 2017 @ 7:52 am By JD Alois  |  

At South by Southwest (SXSW) this week, Visa unveiled contactless payment sunglasses.  The glasses incorporate the technology created by a “Sydney surfer startup founder” who is part of the Australian Fintech scene. Visa shared the WaveShades sunglasses at SXSW to an international audience. The back… Read More

March 2, 2017 @ 10:07 pm By Jessica Pham  |  

Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press these past few weeks)… Read More

January 20, 2017 @ 9:16 am By Samantha Hurst  |  

Philippine-based startup Ayannah, a provider of affordable and accessible digital financial services for the world’s unbanked, was named Best in Show by the judges at the Fintech Finals 2017 (FF17) pitch competition at PMQ in Hong Kong on Thursday night. The second annual event, which was… Read More

December 20, 2016 @ 9:16 am By Samantha Hurst  |  

Hong Kong is set to host the Next Money Fintech Final 2017 as part of the StartmeupHK Festival. The event, which is brought to the community by credit card giant Visa, will be held on January 18-19th 2017 at the PMQ and is expected to host… Read More

December 8, 2016 @ 3:43 am By Erin Hobey  |  

Visa has partnered with the Hong Kong-based VC firm and incubator Nest to run a four-day fintech bootcamp in Nairobi for innovative startups in Africa, according to a release. Nest mentors will join executives from Visa’s teams in Kenya, South Africa, and the UAE to coach selected… Read More

November 30, 2015 @ 4:32 pm By Samantha Hurst  |  

On Monday, media company Mashable announced it has teamed up with Visa to introduce its brand new marketplace, Mashable Shop. To celebrate the launch this holiday season, Mashable and Visa are offering custom apparel and accessories with designs from the Mashable Collective, along with curated, tech-focused… Read More

September 10, 2015 @ 12:02 pm By Erin Hobey  |  

“We believe in the power of blockchain technology to transform how financial assets are transferred, but it has to be done with the right partners to insure it gets off the ground,”  Adam Ludwin, CEO of Chain said in an interview with the WSJ. It feels like everything… Read More

July 28, 2015 @ 11:35 am By Erin Hobey  |  

Payments startup Stripe landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion. According to the announcement, Stripe signed an agreement with Visa to work on digital transactions such as website ‘buy… Read More

June 17, 2014 @ 10:10 am By Samantha Hurst  |  

WePay, the payments company powering platform businesses, continues to build on its executive team by announcing on Tuesday that Steven Pellizzer has been named Chief Financial Officer. Mr. Pellizzer will be a key player in furthering WePay’s role as a leader in online payment processing for… Read More

October 28, 2013 @ 10:20 am By Charles Luzar  |  

Russell Simmons may be best known for co-founding Def Jam Records with famed producer Rick Rubin. He also co-founded the RushCard, a prepaid Visa with a goal to “provide financial freedom and access long denied to an underserved population.” RushCard has now teamed with crowdfunding platform CrowdRise in launching… Read More

September 10, 2013 @ 10:38 am By Charles Luzar  |  

Russell Simmons may be best known for co-founding Def Jam Records with famed producer Rick Rubin. He also co-founded the RushCard, a prepaid Visa with a goal to “provide financial freedom and access long denied to an underserved population.” RushCard has now teamed with crowdfunding platform… Read More