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.
Fizzle Of The Week: The NYC Amazon HQ That Will Never Be
February 15, 2019
Amazon and the city of New York managed to pull off one of history’s more spectacular break-ups this week, with the Valentine’s Day announcement that the city and the nation’s ... Read moreThe Price Of Paying With Plastic Is Going Up
February 15, 2019
The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged ... Read moreVisa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct
February 13, 2019
Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said.
Merchants who have upgraded to chip technology saw a decrease ... Read more2ndKitchen And Platforms As A Satellite Kitchen Service
February 12, 2019
Bars, breweries and bowling alleys may serve up drinks and experiences, but they don’t always have kitchens to prepare meals or bar bites for customers. “When it comes to food, ... Read morePlaid Expands Auth App To All US Banks
February 12, 2019
The U.K. may have been “ground zero” for Open Banking, but the collaborative model that brings together traditional financial services players and tech upstarts has been gaining traction in far-flung ... Read moreTwitter CEO Dorsey Summoned To Appear Before Indian Parliamentary Panel
February 11, 2019
Twitter Chief Executive Jack Dorsey is being summoned by an Indian Parliamentary panel that wants him to appear later in February.
According to a report in Reuters, the panel is ... Read moreThe State Of Faster Payments: ‘Early Innings’
February 11, 2019
In the latest “State Of” podcast, Fiserv’s Vice President Tim Ruhe weighs in on why we are at the beginning of a long-term movement to real-time payments in the U.S. Even ... Read moreAs Brexit Looms, FinTech Firms Scramble For Lithuanian Licenses
February 8, 2019
With Britain set to leave the European Union on March 29, financial companies from Britain and elsewhere are scrambling to secure electronic money institution licenses in FinTech-friendly Lithuania to make ... Read moreEarthport Bidding War Heats Up As Visa Ups The Ante
February 8, 2019
The bidding war over U.K.-based payments firm Earthport – squarely in the crosshairs of card giants Visa and Mastercard – is heating up.
On Friday (Feb. 8), Financial Times reported that ... Read moreBlackbaud Rolls Out P-Cards, Expense Management Platform
February 6, 2019
Cloud software company Blackbaud is rolling out purchasing cards and expense management services for its corporate customers, the company said Tuesday (Feb. 5).
Blackbaud Purchase Cards are designed for “social good ... Read more
Senders As Issuers: A New Space For Cards In Global P2P
February 6, 2019
When InstaReM CEO and Co-founder Prajit Nanu started putting together a global remittance firm for consumers and businesses in 2014, he had been struggling with what he called the entrepreneurial ... Read moreLINE Puts $182M In Digital Payments Biz
February 4, 2019
LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations.
According to a report, ... Read moreToday In Data: Keeping Up In Accelerating Ecosystems
February 1, 2019
While stock prices have been varied as earnings have come out – depending on specific results – the fact of rapidly digitizing payments and commerce has been the background story ... Read moreVisa Takes VisaNet To Argentina
January 29, 2019
Visa has launched a new ePayment processing system called VisaNet in Argentina, the company announced on Tuesday (Jan. 29).
The company said the new service will bring new ways to pay ... Read moreVisa, NFL To Collaborate On First Cashless Super Bowl
January 29, 2019
Visa and the National Football League (NFL), partners since 1995, will extend their collaboration through 2025 and work together to make a cashless Super Bowl a reality one day, Visa ... Read moreDiscover, Garmin Pay Team On Payments
January 28, 2019
Discover, the payments company, and Garmin International announced on Monday (Jan. 28) that Discover cardmembers can now make payments using Garmin Pay, a contactless payment solution offered by the device maker.
In ... Read moreVisa, Yelp Pair On SMB Advertising
January 24, 2019
Visa and Yelp are pairing on an advertising initiative for U.S.-based small and mid-sized businesses (SMBs), eyeing increased presence on the latter’s local search service.
Under the term of the pact, ... Read moreWill Apple Pay Pay Off in the Land Down Under?
January 18, 2019
Cash as king in the Land Down Under? Cash as the conduit to Apple Pay inroads in the Land Down Under?
News came this week that Apple Pay has support for ... Read moreRegulations Hinder Growth Of Digital Payments In Vietnam
January 14, 2019
Vietnam wants to be a cashless society, according to a report in Financial Times, but bank regulations are hindering the country’s ability to do so.
The problem isn’t a lack of ... Read moreWhy Africa Is eCommerce’s Next Great Frontier
January 14, 2019
Africa is home to 54 countries and hundreds of millions of smartphone users — young, tech-savvy and ready to embrace digital payments and banking. Emergent’s Saqib Nazir talks about the opportunities ... Read more
Petal 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 moreInvestors Eyeing Card Volume, B2B Gains For Visa’s Earnings Report
January 29, 2019
Investors and analysts will have their eyes on Visa’s growth across cross-border transactions and card spend in its fiscal first quarter, a double-digit trajectory seen in its latest earnings report ... Read moreMastercard To Apply For China Payments License
January 27, 2019
Mastercard, the payments company, said late last week that it is still committed to operating in China.
In a press release, Mastercard said that it is making every effort to secure ... Read moreVisa, Yelp Pair On SMB Advertising
January 24, 2019Visa and Yelp are pairing on an advertising initiative for U.S.-based small and mid-sized businesses (SMBs), eyeing increased presence on the latter’s local search service.
Under the term of the pact, ... Read moreTaking Cash-Back Rewards To The Next Level
January 22, 2019
As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. In the U.S., 13 percent of adults have an airline or ... Read moreChase Card Services President On Why It’s Time For Cards To Tap And Go
November 15, 2018
How to speed the checkout process? To echo an old Dustin Hoffman film, the answer may lie with one word: plastic.
To that end, Chase, the largest card issuer in the ... Read moreChase Rolls Out Tap-to-Pay Visa Credit Cards
November 14, 2018
Chase said Wednesday (Nov. 14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019.
Chase, ... Read morePNC Bank Tests CNP Fraud Solution For Commercial Cards
November 8, 2018
PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. The company said in a press release Wednesday (Nov. 7) that it is ... Read moreVisa B2B Biz Nears The Trillion-Dollar Mark
October 25, 2018
Double-digit growth marked Visa’s key metrics in the latest quarter, from processed transactions to cross-border activity. Management pointed to performance and potential as the U.S. consumer remains strong, contactless payments gain ... Read moreFive At Five: Walmart Ups Shipping And Returns Game
October 23, 2018
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Walmart to gain on Amazon and its other ... Read more
2ndKitchen And Platforms As A Satellite Kitchen Service
February 12, 2019Bars, breweries and bowling alleys may serve up drinks and experiences, but they don’t always have kitchens to prepare meals or bar bites for customers. “When it comes to food, ... Read moreLINE Puts $182M In Digital Payments Biz
February 4, 2019LINE, the Japanese messaging app, plans to invest 20 billion JPY ($182 million) into its payments business in an effort to grow that area of its operations.
According to a report, ... Read moreToday In Data: Keeping Up In Accelerating Ecosystems
February 1, 2019While stock prices have been varied as earnings have come out – depending on specific results – the fact of rapidly digitizing payments and commerce has been the background story ... Read moreDiscover, Garmin Pay Team On Payments
January 28, 2019Discover, the payments company, and Garmin International announced on Monday (Jan. 28) that Discover cardmembers can now make payments using Garmin Pay, a contactless payment solution offered by the device maker.
In ... Read moreSamsung Adds Millions To Mobeewave’s Series B
January 28, 2019
In November 2018, Mobeewave announced that it had closed a big Series B round. Led by NewAlpha Asset Management, Mastercard and Forestay Capital, the $16.5 million round was described by Benjamin du Haÿs, ... Read moreWill Apple Pay Pay Off in the Land Down Under?
January 18, 2019Cash as king in the Land Down Under? Cash as the conduit to Apple Pay inroads in the Land Down Under?
News came this week that Apple Pay has support for ... Read moreWhy Africa Is eCommerce’s Next Great Frontier
January 14, 2019Africa is home to 54 countries and hundreds of millions of smartphone users — young, tech-savvy and ready to embrace digital payments and banking. Emergent’s Saqib Nazir talks about the opportunities ... Read morePayments Takes The Driver’s Seat In Connected Cars
January 9, 2019
What still stands as a type of existential dread (or, in some cases, a period of freedom) is on the verge of becoming a new and lucrative source of commerce, ... Read moreVisa, SiriusXM Pair On In-Car eWallets
January 8, 2019
Visa and SiriusXM Connected Vehicles Services, a subsidiary of Sirius XM Holdings, have announced they are teaming up to launch a new in-vehicle payment solution.
It has been projected that new services ... Read more2019: What To Take Forward And What To Leave Behind
January 7, 2019
Welcome to the first Monday of 2019.
According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first blush, inspire much excitement for the ... Read more