Pismo news and trends

Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform
Partnerships // February 21, 2024

Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends the reach of Kani’s software-as-a-service (SaaS) platform to Pismo’s client base, including large banks, marketplaces and FinTechs, the companies said...

Visa Completes Acquisition of Pismo, Expands Core Banking Offerings
VISA // January 16, 2024

Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking and card-issuer processing capabilities across all product types via cloud-native application programming interfaces (APIs), Visa...

Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 
Banking // June 29, 2023

For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that are already in place. And along the way, with technological infrastructure and application programming interfaces (APIs) in the mix, a...

Visa to Acquire Core Banking Platform Pismo for $1 Billion
Acquisitions // June 28, 2023

Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native issuer processing and core banking platform that has operations in Latin America, Asia-Pacific and Europe, the companies said in a...

Interviews & Exclusives
Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future

April 02, 2024
2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars. FIS bought Worldpay for a staggering $43 billion. Fiserv bought First Data for more than $22 billion. Global Payments added TSYS to its roster for nearly $22 billion. Much has happened […]

Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 

June 29, 2023
For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that are already in place. And...

Connected Economy Demands New End-to-End Banking Infrastructure

October 19, 2021
Building out the digital connected economy has created a demand for new, end-to-end financial services infrastructure. As Ricardo Josua, CEO of FinTech Pismo, told Karen Webster, without that infrastructure in...

Quick Reads
Kani Payments and Pismo Partner on Data Reconciliation, Reporting Platform

February 21, 2024
Kani Payments, a global data reconciliation and reporting platform, has formed a strategic partnership with Pismo, an issuer processing and core banking platform. This partnership extends the reach of Kani’s software-as-a-service (SaaS) platform to Pismo’s client base, including large banks, marketplaces and FinTechs, the companies said in a Wednesday (Feb. 21) press release emailed to PYMNTS. […]

Visa Completes Acquisition of Pismo, Expands Core Banking Offerings

January 16, 2024
Visa has completed its previously announced acquisition of Pismo. With the addition of this global cloud-native issuer processing and core banking platform, Visa and Pismo will together provide clients with core banking...

Visa to Acquire Core Banking Platform Pismo for $1 Billion

June 28, 2023
Visa plans to acquire Pismo for $1 billion cash to provide more solutions to its customers. The acquisition will also expand the geographic footprint of Pismo, a cloud-native issuer processing and core banking...

Visa Competing to Acquire Banking and Payments Platform Pismo

March 27, 2023
Visa is reportedly competing to acquire cloud-based banking and payments platform Pismo. The company has boosted its offer for the Brazilian-based FinTech company from $1 billion to $1.4 billion, Seeking...