pymnts Profile:
Visa Inc. (NYSE: V)
Visa Inc. (/ˈviːzə/ or /ˈviːsə/) (also known as Visa, stylized as VISA) is an American multinational financial services corporation headquartered in Foster City, California, United States.
Missing Big Tech Debate, Stripe And Lost Pet Protection Top Week’s News
June 14, 2019
The news never lets up at PYMNTS, and in case you missed some of our big stories, here is the latest edition of the Weekender. Coverage includes Visa’s new B2B ... Read moreAlipay’s Many European Plays
June 14, 2019
That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far ... Read moreFacebook’s Libra Attracts High-Profile FinServ Support
June 14, 2019
According to reports out in The Wall Street Journal this morning, Facebook has found some big-name backers for its Libra cryptocurrency project set to debut next year.
Facebook reportedly plans to ... Read moreVisa’s McSherry On Responsible AI
June 14, 2019
An AI-driven model offers users great power when it comes to handling data, making sense of seemingly far-flung information. But there also is great responsibility on the part of those ... Read moreOla Ride-Hailing Startup To Build Silicon Valley Tech Center
June 13, 2019
Indian ride-hailing startup Ola, which is backed by SoftBank Group, is planning to build a technology center in Silicon Valley — right near rival Uber.
Bloomberg reported that Ola will hire ... Read moreVisa B2B Connect Goes Global
June 13, 2019
Visa B2B Connect, a corporate cross-border payments solution underpinned by DLT, enters 30 markets. Elsewhere, in India, Mastercard and Payswiff are partnering to boost the acceptance of digital payments in Tier ... Read morePayPal Canada Links Small Businesses To Cross-Border Shipping
June 13, 2019
PayPal is introducing a new solution for Canadian small businesses (SMBs) to lower their logistics costs when doing business with the U.S.
The company announced on Wednesday (June 12) that it ... Read moreComdata Loops Into Billtrust’s Vendor Payments Network
June 13, 2019
Commercial card issuer and payment processor Comdata is integrating its functionality into the invoice-to-pay platform Billtrust to enable joint customers to pay their vendors electronically.
The companies announced their partnership in ... Read moreDiving Into The ‘Check-Replacement Cycle’
June 13, 2019
As much as 80 percent of firms still rely on paper checks. Only 3 percent of firms meet demands for B2C payments. Fiserv VP of Digital Payments and Data Aggregation Paul ... Read moreSecuring Digital Identities In The Information Age
June 12, 2019
Phone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected. In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect, which is built on ... Read more
Visa B2B Connect Goes Global
June 13, 2019Visa B2B Connect, a corporate cross-border payments solution underpinned by DLT, enters 30 markets. Elsewhere, in India, Mastercard and Payswiff are partnering to boost the acceptance of digital payments in Tier ... Read moreDiving Into The ‘Check-Replacement Cycle’
June 13, 2019As much as 80 percent of firms still rely on paper checks. Only 3 percent of firms meet demands for B2C payments. Fiserv VP of Digital Payments and Data Aggregation Paul ... Read moreVisa Launches Visa B2B Connect In 30+ Markets
June 11, 2019
Almost two years in the making, Visa B2B Connect makes its official launch, with a rollout across 30 countries. Kevin Phalen, head of Global Business Solutions at Visa, tells Karen Webster ... Read moreVisa’s Shrauger On What’s Next (And Why Now) For Visa Next
June 10, 2019
A few weeks ago, card giant Visa debuted Visa Next, bringing a wealth of broad API functionality to issuing banks and partners. Sam Shrauger, SVP of digital solutions at Visa, walks ... Read moreMoneyGram Partners With Canada Post For Digital Money Transfers
June 7, 2019
MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to ... Read moreEMVCo Releases SRC Standard
June 7, 2019
The best way to lose money is to make it difficult for people to give you their money. Yes, that’s painfully obvious, but it’s a lesson reinforced every day in ... Read moreLINE Pay, Visa Partner For Digital Payment Offerings
June 6, 2019
LINE Pay, the operator of digital wallet and FinTech services on the LINE messaging app, announced on Thursday (June 6) that it has inked a partnership with Visa to create ... Read moreIs The US On The Verge Of A Contactless Surge?
June 6, 2019
Near-field communication (NFC) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as ... Read moreVisa, Western Union Team To Speed Global Payments
June 5, 2019
Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of push payments at Visa, tells ... Read moreVisa, Currencycloud Team For X-Border, Travel Payments
June 4, 2019
Visa and Currencycloud, an enterprise-class payments platform, announced on Tuesday (June 4) a partnership to drive more innovation in cross-border and travel payments.
In a press release, the two companies said ... Read more
China UnionPay Launches Debit, Credit Cards In Europe
June 3, 2019
China UnionPay, the credit card issuer, is expanding in Europe, rolling out debit and credit cards.
The Financial Times, citing China UnionPay, the world’s largest card issuer, reported it inked a ... Read moreGoogle’s Slowdown Shows A Digital Ad Fizzle
May 3, 2019
On Wall Street, sometimes growth is not enough. Steady growth must be in the cards, and when it comes to tech companies, accelerating growth is a coveted hallmark for revenue ... Read moreB2B And Contactless Drive Visa Earnings
April 25, 2019
Cross-border results slowed, and various currencies were headwinds to at least some international results, but spending on cards continued as Visa posted earnings that topped — and revenues that met ... Read moreAmex Delinquency Rates Flat In March
April 15, 2019
American Express, the payments company, reported Monday (April 15) that credit card delinquency rates in March were flat with February, which should be welcome news as investors look for more ... Read moreRevolution Payments Tackles Biz Card Fees With Level 3 Data
April 8, 2019
Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 percent. Founded 24 years ago, ... Read moreWells Fargo Rolls Out Contactless Credit, Debit Cards
April 2, 2019
Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards.
In a press release, Wells Fargo said the new cards will enable customers to complete transactions ... Read moreData Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019
Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history is forever associated with the ... Read moreSephora Stores Launches Its First Credit Card
March 14, 2019
Sephora, the beauty retailer, announced on Thursday (March 14) the launch of a new credit card program in San Francisco.
The company said in a press release that starting in the ... Read moreVisa, Mastercard, Banks Settle Card Fee Lawsuit
February 22, 2019
In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed to provide roughly $6.24 billion ... Read morePetal Raises $30M To Expand Credit Card Biz
January 29, 2019
Petal, the New York-based FinTech that makes a credit card for consumers just starting out, announced Tuesday (Jan. 29) that it raised $30 million in venture funding.
In a press release, ... Read more
Alipay’s Many European Plays
June 14, 2019That Alipay is moving into Europe — and looking to support the millions of Chinese and Southeast Asian tourists who travel there annually for business and pleasure — is far ... Read moreEMVCo Releases SRC Standard
June 7, 2019The best way to lose money is to make it difficult for people to give you their money. Yes, that’s painfully obvious, but it’s a lesson reinforced every day in ... Read moreLINE Pay, Visa Partner For Digital Payment Offerings
June 6, 2019LINE Pay, the operator of digital wallet and FinTech services on the LINE messaging app, announced on Thursday (June 6) that it has inked a partnership with Visa to create ... Read moreIs The US On The Verge Of A Contactless Surge?
June 6, 2019Near-field communication (NFC) technology isn’t exactly new. For some time now, retailers have been using it and radio frequency identification (RIFD) behind the scenes for stock and quality control, as ... Read moreOn Track With Contactless Mass Transit Payments
May 24, 2019
If they can make it there, can they make it anywhere?
May 31 marks the launch of a contactless payments pilot with a joint effort between the Metropolitan Transportation Authority (MTA) ... Read moreRetail Cozies Up To Mass Transit — Via Payments
May 23, 2019
Mass transit sparks a range of emotions: resignation after just missing that last subway, frustration upon encountering that mysterious smell in that last car, and pleasure from the ability to ... Read moreCoffee Chains Caffeinate Reward Programs With Digital Offerings
April 22, 2019
Coffee chains are brewing up a battle over customer loyalty: After news surfaced that Starbucks was updating its rewards offering, Dunkin’ is revamping its own rewards program with a pilot ... Read moreJumia Stock Debut Signals Appeal Of African eCommerce
April 12, 2019
It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 ... Read moreQSRs Redouble App Efforts Amid Mobile Order-Ahead Surge
April 8, 2019
In the digital age of dining technology, consumers have a range of alternatives to ordering at the counter or drive-thru: They can tap into a wide array of quick-service restaurant ... Read moreWells Fargo Rolls Out Contactless Credit, Debit Cards
April 2, 2019Wells Fargo announced Tuesday (April 2) the launch of contactless consumer credit and debit cards.
In a press release, Wells Fargo said the new cards will enable customers to complete transactions ... Read more