Tagged: visa

Citi Ventures Invests in Latin American Open Finance Platform Belvo

Citi Ventures has become the latest major company to invest in Mexico City’s open finance API platform Belvo. Citi Ventures has reportedly joined Visa as an investor in Belvo, which finalized a $43 million Series A investment round back in June 2021. The investment also… Read More

Swiss Fintech Klarpay AG Adds 70+ Currencies to Enable Cross-Border Payments

Klarpay AG has completed another milestone “with the integration of Visa‘s B2B Connect product to its services.” This latest achievement “enables Klarpay’s business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.” Swiss fintech… Read More

UK Fintech Modulr Teams Up with Nebeus, the European Crypto Payments App

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

ReceiptHero Joins Visa Fintech Partner Connect to Bring Digital Receipts to Visa’s Clients

ReceiptHero recently announced that it has joined the Visa Fintech Partner Connect—a program designed “to help Visa’s issuing clients quickly connect with a vetted and curated set of technology providers.” Visa Fintech Partner Connect is “an initiative that provides financial institutions and merchants in Europe… Read More

Astra, Visa to Support Faster Funding for New Accounts

Astra, a provider of instant card-to-card funding as a service in the US, recently announced it is using Visa Direct – which is Visa’s real-time payments service – “to provide fast payments to millions of its end-users who can fund cards, wallets, and other accounts… Read More

Contactless Payments: Visa, Metrolinx Support Tap to Pay to Transit in Toronto

Visa (NYSE: V) announced that Visa tap to pay will officially “arrive on GO Transit, and has launched on the UP Express, making it easier to travel on transit by offering riders a contactless payment option with their Visa credit card or payment-enabled device (e.g…. Read More

Figure’s “Banking in a Box” Platform to Offer Issuing Processing Services

Figure Technologies, Inc., a key player in transforming financial services through the power of blockchain tech, announced a collaboration with Visa “to provide issuing processor services via Figure’s blockchain-based Banking in a Box platform.” Visa DPS, used by financial institutions around the globe, will be… Read More

Western Union and Visa Strengthen their International Partnership

Western Union (NYSE: WU) recently announced an update to its existing partnership with Visa (NYSE: V), expanding its integration with Visa Direct, Visa’s real-time1 money movement network, “into Western Union’s United States network.” Western Union’s integration with Visa Direct was “initially activated across Europe, allowing Western… Read More

Digital Lending Platform Ranqx Extends Visa Partnership to North American Markets

Ranqx, the digital lending platform built for lenders to small-to-medium sized businesses (SMBs), has expanded its working relationship with Visa (NYSE: V) into North America. Before collaborating with Visa in North America, Ranqx worked cooperatively with Visa in its Asia Pacific region. Under the latest… Read More

Checkout.com, CEX.IO to Support Visa Direct Off-Ramps

As part of its strategy to power its next phase of growth, global crypto exchange CEX.IO has appointed Checkout.com as its preferred global payment processor, which uses Visa Direct, Visa’s real time money movement network, “to provide real-time off-ramps for its customers.” Since its launch… Read More

Hong Kong based Bloom Teams Up with Web 3.0 Service Providers to Support Crypto Rebates

Tech firm Bloom recently announced that their members may get spending rebates in the form of virtual currency. This move should see the Bloom App become one of Hong Kong’s first-ever spending apps that supports digital currency rebates for Visa card transfers made in Hong… Read More

“Friendly” Fraud Is on the Rise, Visa’s Compelling Evidence 3.0 to Assist Merchants with Issues

According to Visa (NYSE: V) internal reporting, friendly fraud can “account for up to 75% of all chargebacks.” Mike Lemberger, Senior Vice President of North America Risk at Visa, said: “Friendly fraud is not always friendly, especially from a merchant’s perspective,” The Fair Credit Billing… Read More

London based Plutus Card to Launch in the US, 8% Crypto Cashback Offered to Clients

Plutus, the Visa debit card offering 3-8% in crypto cashback, recently announced its plans to further expand into the US neobanking sector. Plutus is a London-based Fintech providing crypto cashback rates and 20+ Perks “such as 100% back on Netflix, Spotify, and Prime.” Its user… Read More

SaaS Banking Platform Mambu Enters Partnership with Visa

Mambu, a Cloud banking platform, announced a partnership with Visa (NYSE: V) to utilize Visa DPS – one of the largest processors of Visa debit transactions. The partnership will aim to give Mambu clients a connection to Visa DPS for end-to-end card issuing as well… Read More

Cryptocurrency Purchases with Bank Cards Now Supported by MEXC Global

MEXC Global, which claims to be a leading digital asset and cryptocurrency trading platform, reveals that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard. Visa and Mastercard… Read More

UK Payment Systems Regulator (PSR) Sets Out Details for Work on Card Fees

The Payment Systems Regulator (PSR) in the UK has set out its plans showing how it proposes “to carry out two market reviews focusing on card fees.” As noted in the update from PSR, one “looks at scheme and processing fees, and the other at… Read More

Credit Karma Money Brings Cash Back Rewards for US Consumers

Credit Karma Money™, a single destination within Credit Karma for spending and saving, has announced the launch of cash back rewards, “giving its more than 110 million members in the U.S. the chance to earn cash back when they spend money at certain merchants using… Read More

Visa, First Abu Dhabi Bank, DBWC Introduce “She’s Next” Initiative in UAE

Visa (NYSE: V), which claims to be the leader in virtual payments, recently announced the launch of its global She’s Next initiative in the United Arab Emirates in order to economically empower women entrepreneurs. The initiative has been introduced with assistance from First Abu Dhabi… Read More

Visa Introduces Bitcoin (BTC) Cashback Cards in Brazil, Argentina

Visa (NYSE: V) has introduced Latin America’s first crypto cards, through partner firms based in Brazil and Argentina. Working cooperatively with Fintech startups and other companies in the region, Visa will reportedly issue cards that allow consumers to receive Bitcoin (BTC) cashback with each  payment… Read More

Open Banking Provider Tink Partners with Revolut

Open banking platform Tink has signed a strategic partnership for open banking technology with Revolut, a popular neobank. Tink’s payment initiation services (PIS) technology is expected to allow Revolut users across Europe to easily move money into their Revolut accounts. PIS enables users to connect… Read More

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