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Visa Participating in FMLS:24 as Key Partner

  • Visa brings a wealth of knowledge and innovation to the table for other attendees.
Tuesday, 29/10/2024 | 13:49 GMT by Jeff Patterson
Payments

Why Cross-Border Payments Matter and What Lies Ahead in 2025

  • Visa has operated at the vanguard of innovation, helping act as an agent of change.
Wednesday, 16/10/2024 | 13:08 GMT by Finance Magnates Staff
Payments

Visa Acquires AI Firm to Boost Fraud Detection Capabilities

  • Featurespace’s algorithmic solutions analyze transaction data to detect fraud.
  • The merger, expected to close in fiscal year 2025, promises real-time fraud detection for financial institutions.
Thursday, 26/09/2024 | 19:42 GMT by Jared Kirui
FinTech

Visa Faces Anti-Trust Lawsuit for “Illegal” Monopoly: How Will It Impact Debit Card Users?

  • The Justice Department alleged that Visa charged higher fees to merchants and consumers who used alternative payment networks.
  • It even squashed competition by partnering with them.
Wednesday, 25/09/2024 | 06:06 GMT by Arnab Shome
FinTech

Visa and Revolut Announce Global Partnership to Enhance Business Payments

  • The service reportedly enables businesses to transfer funds to over 78 countries and supports more than 50 currencies.
  • The agreement is based on previous initiatives, such as Visa Direct-powered peer-to-peer payments and virtual cards for the B2B travel sector.
Tuesday, 27/08/2024 | 16:04 GMT by Jared Kirui
FinTech

Visa and Mastercard Settlement: Merchants Get Extra Time to Claim $5.5 Billion

  • The new claim deadline for the Visa and Mastercard settlement is February 2025.
  • It covers US businesses accepting Visa or Mastercard from January 1, 2004, to January 25, 2019.
Monday, 19/08/2024 | 17:00 GMT by Tareq Sikder
Payments

Wero Challenges Visa and Mastercard

  • Europe's payment revolution might be underway.
  • Wero aims to simplify money transfers using phone numbers, not IBANs.
Monday, 29/07/2024 | 16:16 GMT by Pedro Ferreira
Payments

Visa's Bold Move into BNPL

  • Visa Installment Credential program expands Visa's global BNPL reach.
  • Visa’s approach counters competition, embedding BNPL into financial systems.
Wednesday, 17/07/2024 | 15:47 GMT by Pedro Ferreira
FinTech

Visa Expands Partnership with Wirex to Boost Web 3 Payments in Europe

  • Central to the partnership is the introduction of Wirex Pay, a Zero Knowledge payment chain.
  • This product enhances payments by enabling transactions between blockchain technology and traditional finance.
Monday, 15/07/2024 | 13:05 GMT by Jared Kirui
FinTech

Visa and HSBC Partner for Multi-Currency Transaction Platform

  • The new platform supports holding funds in over ten currencies, sending money in over 30 currencies, and transacting in more than 200 countries.
  • Launched in the UK this year, the Zing app plans to expand to additional markets.
Tuesday, 09/07/2024 | 14:25 GMT by Jared Kirui
Payments

What the Rejection of the Visa and Mastercard Settlement Signals for the Payments Industry

  • 5 key takeaways from Judge's denial of $30B Visa and Mastercard deal.
  • Swipe fee settlement rejected: A new era of scrutiny in the payments industry.
Wednesday, 03/07/2024 | 15:16 GMT by Pedro Ferreira
FinTech

US Judge Delays Visa, Mastercard $30 Billion Settlement on Swipe Fee Lawsuit: Report

  • The federal judge halted the settlement that sought to cap merchant fees, signaling a possible rejection.
  • The settlement, aimed at reducing and capping transaction fees, has encountered resistance from major retail groups.
Wednesday, 26/06/2024 | 17:03 GMT by Jared Kirui
Payments

China Pushes Visa and Mastercard to Lower Foreign Card Fees

  • The Payment & Clearing Association of China is pushing to reduce foreign card transaction fees to 1.5%.
  • China aims to ease payments for visitors by cutting fees for foreign bank cards.
Friday, 21/06/2024 | 08:22 GMT by Tareq Sikder
FinTech

Visa and Dash Solutions Expand Partnership for Instant Payments across Sectors

  • This collaboration aims to digitize payouts in near real-time across the healthcare and insurance sectors.
  • The offering seeks to enhance efficiency in cards, bank accounts, and digital wallet transactions.
Tuesday, 11/06/2024 | 17:07 GMT by Jared Kirui
FinTech

Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Approves Merchant Lawsuits

  • The Competition Appeal Tribunal in London ruled that collective lawsuits against Visa and MasterCard over fees can continue.
  • This ruling enables more merchants to join forces in seeking damages.
Friday, 07/06/2024 | 18:14 GMT by Jared Kirui
FinTech

Visa Marks Tokenization Milestone: Generates $40B in E-commerce Revenue Globally

  • Since its launch ten years ago, Visa has issued more than 10 billion tokens.
  • Currently, 29% of all transactions processed by the payment firm use tokenization.
Tuesday, 04/06/2024 | 14:04 GMT by Jared Kirui
FinTech

Visa Direct Integration Bolsters Nuvei's Payment Offerings in Colombia

  • The collaboration allows real-time fund delivery to accounts via card credentials.
  • Access to Global Visa Direct extends to over 30 countries through this partnership.
Monday, 03/06/2024 | 16:54 GMT by Tareq Sikder
Payments

AI Enters the Fight Against A2A Scams

  • A look into VISA's pilot program with Pay.UK.
Friday, 31/05/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Visa Enlists 22 African Fintech Startups in Accelerator Program

  • The program offers mentorship, training, networking, and access to funding.
  • It has a 65% representation of female-led startups from 28 African nations.
Thursday, 30/05/2024 | 14:27 GMT by Jared Kirui
FinTech

Visa and Mastercard Reached $197 Million Settlement for Inflated ATM Fees

  • The settled class action lawsuit is only for the consumers who withdrew cash from bank-operated ATMs.
  • The payment giants are facing two other similar class actions, one from consumers using non-bank ATMs and another from businesses that own independent ATMs.
Thursday, 30/05/2024 | 05:36 GMT by Arnab Shome
FinTech

London OOH Showcases Visa's Partnership to Promote MyGuava Card

  • Guavapay and Visa team up to promote the multicurrency Card, targeting digital-savvy Gen Z.
  • MyGuava Business provides multicurrency accounts, POS terminals, and payment gateway options.
Friday, 24/05/2024 | 13:19 GMT by Tareq Sikder
Payments

Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees

  • The Payment Systems Regulator answers key questions on proposed reforms.
Wednesday, 22/05/2024 | 14:08 GMT by Pedro Ferreira
FinTech

UK Payment Regulator Faults Visa and Mastercard for Fee Hikes

  • Over the past five years, Visa and Mastercard have increased transaction processing fees by more than 30%.
  • According to the regulator, the rising cost has not resulted in better services.
Tuesday, 21/05/2024 | 21:06 GMT by Jared Kirui
Payments

Visa Unveils a Futuristic Wallet

  • Frictionless payments and data you control.
Friday, 17/05/2024 | 15:00 GMT by Pedro Ferreira
FinTech

Visa Partners with Worldline on Virtual Card Solution for Travel Agencies

  • By 2028, Travel and Tourism are forecasted to dominate online sales, constituting 76% of the total.
  • The entire travel industry is anticipated to achieve a volume of USD 1.74 trillion by 2026.
Tuesday, 14/05/2024 | 16:38 GMT by Tareq Sikder
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