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.
Today In Payments: Affirm Raises $500M; US Offices At 50 Pct Capacity In August
September 18, 2020
In today’s top news, Affirm raised $500 million, and U.S. offices were reportedly at only half capacity in August. Plus, the European Union could pass new laws that would force ... Read moreToday In Digital-First Banking: ClearBank Unveils Multicurrency Accounts; LoanDepot Eyes IPO
September 18, 2020
In today’s top news in digital-first banking, ClearBank has begun offering multicurrency bank accounts through an application programming interface (API), and LoanDepot is considering going public. Plus, EVO Payments Inc. ... Read morePayment Rail Innovators Dive Into Real-Time
September 18, 2020
It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context.
This week’s look at payment rail innovation is all ... Read moreVisa: Real-Time Settlement, Online Marketplaces Help Put SMBs Back On The Road To Recovery
September 18, 2020
Online marketplaces are the digital storefronts helping small to mid-sized businesses survive — but adding real-time settlement into the mix can help them thrive.
To that end, joint research between PYMNTS ... Read moreEVO Rolls Out Express Deposit B2B Push Payments With Visa Direct
September 17, 2020
To help merchants receive faster access to funds, EVO Payments Inc. has rolled out its Visa Direct-enabled EVO Express Deposit real-time push payments technology. The offering lets eligible U.S. retailers instantaneously ... Read moreToday In Digital-First Banking: SWIFT To Retool Platform For RTP; VSoft Rolls Out Bread Merchant Payment Network
September 17, 2020
In today’s top news in digital-first banking, SWIFT has announced that its international platform will be updated to let financial institutions (FIs) provide instant transactions, and VSoft has rolled out ... Read moreToday In Payments: NYC Approves Restaurant Surcharge; SWIFT To Create New Cross-Border Real-Time Rails
September 17, 2020
In today’s top news, New York City changed a rule banning restaurant surcharges, and SWIFT announced plans to retool its platform to enable instant transactions. Plus, the combined value of ... Read moreA CFO’s Take On Growing Businesses In A World Full Of Unknowns
September 17, 2020
This will be the first holiday season in roughly 40 years when Black Friday isn’t quite happening on the day after Thanksgiving. That isn’t to say Black Friday isn’t happening at ... Read moreCrate And Barrel: Personalizing The Shopping Experience For A Digital-First Buyer
September 17, 2020
Consumers were shopping, transacting and interacting with merchants via online or mobile channels well before the COVID-19 pandemic’s onset, but the global health crisis has dramatically accelerated this trend. Customers ... Read moreFlywire, Mastercard Team On Cross-Border Tuition Payments
September 17, 2020
Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS.
The offer will be available for ... Read more
Standard Chartered, Amazon To Offer Installment Payments In UAE
September 15, 2020
Standard Chartered and Amazon.ae, the company’s United Arab Emirates website, are launching a new installment payments method for customers, according to The Fintech Times.
Standard Chartered cardholders will now be able ... Read moreToday In Payments Around The World: Visa’s Click To Pay Launches In Canada, Lonestar Cell Joins Forces With WordRemit For Mobile Remittances
September 15, 2020
In today’s top news in payments around the world, Visa Canada has launched Click to Pay in Canada, and Change Financial has agreed to buy the Wirecard’s assets in Australia ... Read moreVisa's Click To Pay Rolls Out In Canada
September 15, 2020
To reshape the digital checkout experience for retailers and shoppers, Visa Canada has unveiled the extension of Click to Pay to Canada. The offering helps consumers make safe and fast purchases ... Read moreVisa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020
As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed ... Read moreBrazil Says Central Bank Digital Currency Set For 2022 Rollout
September 8, 2020
The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And although it’s not a winner-take-all ... Read moreThe Commercial Card Embraces A Season Of (Major) Change
September 7, 2020
The year 2020 began inconspicuously — but in a few short weeks, everything changed. For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged.
In B2B payments, ... Read moreVisa Takes Aim At Unemployment Insurance Fraud
September 1, 2020
At the intersection of government assistance, vulnerable populations and digital payments … the fraudsters lie in wait.
Amid the trillions of dollars in pandemic-related aid being disbursed by federal, state and ... Read moreHow AI Helps Visa ‘Step In’ (Smartly) When Issuers Go Offline
August 26, 2020
Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers.
When part of that ecosystem goes offline, faces a service interruption ... Read moreBarclaycard On Everyday Spend Management And The Digital Shift
August 20, 2020
Remote workers use many digital tools to remain productive while away from the traditional office – except when it comes to managing work-related expenses. There, Maria Parpou, chief product officer ... Read moreMarcusPay’s Buy Now Pay Later Product Takes Off With JetBlue
August 19, 2020
Buy now, pay later (BNPL) point-of-sale credit is such a productive lending model that giant financial brands are getting into the act, adding debt consolidation, home improvement and unsecured loans ... Read more
Cloud Technology For FIs, Debit Cards, Potential Credit Card Default Crisis Top This Week's News
July 31, 2020
It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have ... Read moreNew Report: How FIs Are Finding Fraudsters Wherever They May Hide
July 24, 2020
Synthetic identity fraud is costing companies heavily, with $14.7 billion lost to this type of crime in 2018 alone.
This is a particularly subtle and nefarious kind of attack, in which ... Read moremyPOS Rolls Out Metal Card With New Benefits For SMBs
July 23, 2020
European FinTech payments company myPOS, which works in offering affordable payments to small- to medium-sized businesses (SMBs), has new credit cards that it says will help SMBs in Europe access ... Read moreFidel Targets US Market In Expansion Of Card-Linking Technology
July 16, 2020
U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also appointing a new executive to ... Read moreCall It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger
July 14, 2020
Installment credit at the digital point of sale has been gathering steam among investors, consumers and providers for the last few years, long before pandemic frugality was a thing.
That alternative ... Read moreToday In Payments: Amazon Introduces Smart Shopping Carts; Europe Reopens, Shopping Spree Underway
July 14, 2020
In today’s top news, Amazon introduced shopping carts that let customers skip checkout lines, and retail sales in Europe surged by nearly 18 percent. Plus, Robinhood raised $320 million.
Amazon Introduces ... Read moreMarqeta Preps For IPO, Had $4.3B Valuation In May
July 9, 2020
Oakland, California-based issuer processor Marqeta, which is backed by Goldman Sachs, is preparing for an initial public offering (IPO) and seeking out investment banks for advice, Reuters reported.
Marqeta’s business allows ... Read moreThe Next Big Thing Is … Debit
July 7, 2020
Using credit cards (aka spending the bank’s money instead of your own) seemed so cool — until it suddenly wasn’t nearly as cool anymore. That change in consumer behavior had ... Read moreVerizon Debuts Visa Credit Card With Rewards
June 22, 2020
To provide a new method for cardholders to save on their cell phone bills, Verizon plans to debut the Verizon Visa Card. The Synchrony-issued credit card, which will officially roll ... Read moreVisa Launches Advanced Identity Score To Help FIs Fight Application Fraud
June 22, 2020
It’s the battle against fraud that can be lost right at the beginning.
Bad actors, are, increasingly, targeting online card applications, using stolen personally identifiable information to apply for credit, leveraging ... Read more
Brazil Says Central Bank Digital Currency Set For 2022 Rollout
September 8, 2020The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. And although it’s not a winner-take-all ... Read moreVisa: SoftPOS Helps Merchants 'Reimagine' Commerce Flows In A Physical World
September 4, 2020
Bit by bit, economies are reopening.
But business as usual will be anything but traditional – even with face-to-face commerce – due to the great digital shift we’re seeing now, and will ... Read moreVisa Teams Up With Norway's Vipps To Boost Digital Wallets And Mobile Pay In EU
September 3, 2020
Visa is teaming with Norwegian digital-wallet company Vipps on a new initiative to boost mobile payments in Europe, according to a report from Cards International.
With the new strategic partnership, Visa ... Read moreVisa Takes Aim At Unemployment Insurance Fraud
September 1, 2020At the intersection of government assistance, vulnerable populations and digital payments … the fraudsters lie in wait.
Amid the trillions of dollars in pandemic-related aid being disbursed by federal, state and ... Read moreHow AI Helps Visa ‘Step In’ (Smartly) When Issuers Go Offline
August 26, 2020Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers.
When part of that ecosystem goes offline, faces a service interruption ... Read moreMarcusPay’s Buy Now Pay Later Product Takes Off With JetBlue
August 19, 2020Buy now, pay later (BNPL) point-of-sale credit is such a productive lending model that giant financial brands are getting into the act, adding debt consolidation, home improvement and unsecured loans ... Read moreCensus Says eCommerce Sales Grew 44 Pct YOY – Why It Could Be Even More Than That
August 18, 2020
There’s data and then there’s the story the data can tell — and sometimes the story you get is not the whole story.
To that end, on Tuesday (Aug. 18th), the ... Read moreDosh Expands Card-Linked Offer Platform
August 12, 2020
Dosh, the company that bills itself as the fastest-growing cash-back, card-linked offer platform, is expanding its retail-based solution to the financial services business. The announcement represents an ambitious extension for ... Read moreB2B FinTechs Overcome Pandemic VC Slump
August 7, 2020
Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the ... Read moreThe Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
July 30, 2020
“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June as COVID-19 was raging.
Figures out ... Read more