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Bankable Inks Banking-As-A Service Deal With Visa
April 30, 2019

Bankable, the global provider of “Banking as a Service” solutions, announced Tuesday (April 30) that it inked a partnership with Visa to enable financial firms and banks to access real-time modular banking services. In a press release, Bankable also said Visa made an undisclosed financial...

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Visa Next: Visa’s Next ‘Digital First’ Act
April 22, 2019

Digital comes to all things, it seems, where plastic and physical conduits once reigned — spanning music, media and, in leaps and bounds, payments. Visa announces a new platform offering beta APIs to help issuers and issuer developers build and test new payment products, rendered in bits...

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Visa Partners With Remitly On Real-Time Global P2P
March 28, 2019

Instant payments — and the ability to push funds immediately across the debit rails to consumer bank accounts — has entered something of a renaissance. The demand is there: According to the latest edition of the PYMNTS Disbursements Tracker,  75 percent of consumers expressed a preference for faster payments, and...

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Visa, PayActiv Launch Real Time Payroll
March 07, 2019

If rules were made to be broken, what better rule to break than the rigid two-week payday cycle? Visa and PayActiv have teamed up to offer on-demand access to earned wages, which Cecilia Frew, SVP and head of North America push payments at Visa Direct, says...

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Visa Celebrates International Women’s Day With A Global Challenge For Female Entrepreneurs
March 06, 2019

On Friday (March 8), the world will recognize International Women’s Day — celebrated globally since 1975, when it was adopted as a holiday by the United Nations. In the 44 years since, much has changed for women all over the world. More women have finished college and started businesses, as well as...

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Visa Shares Down After Lower-Than-Expected Payments Volume
January 31, 2019

Visa shares dropped 2.3 percent on Thursday (Jan. 31) after an announcement by the company of earnings that beat expectations, but also of low growth in payments volume and cross-border transactions, according to reports. The company reported a fiscal first-quarter adjusted net income of $3...

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Visa, Digital Wallet LINE Debut Credit Card
January 30, 2019

LINE Pay Corporation, operator of the popular payment app LINE Pay, announced that it is launching a LINE Pay co-brand credit card with Visa in Japan. The LINE Pay-Visa credit card is set to be released later this year, allowing consumers to make payments at merchants...

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Visa Inks Deal To Buy UK-Based Earthport For $250.6M
December 27, 2018

Visa, the payments company, is acquiring U.K.-based Earthport, which facilitates international transactions for banks and companies. Reuters, citing Visa, reported Visa International Service Association is paying $250.6 million to acquire Earthport. The stock deal, in which the Visa unit offered 30 pence for each Earthport share, gives...

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Visa: ‘Time As The New Coupon’ Will Drive Retail In 2019
December 18, 2018

It’s easy to get swept up in the retail apocalypse narrative. With historic retailers like Toys R Us and Sears shutting their doors after more than 100 years in business, and reports of “sad Santas” in empty malls, it’s hard to not take a rather dim...