Payments giant Visa reported fiscal third quarter results that showed continued momentum on the international stage, with cross-border transactions up 10 percent year on year. That number was a slight deceleration from 11 percent in previous quarters, owing to the strength of the dollar. The...
MoneyGram and Visa announced today (July 24) that they have partnered to deliver real-time digital disbursements to MoneyGram customers using Visa’s push payments platform, Visa Direct. Launching in October in two key markets, Mexico and the Philippines, MoneyGram will expand its options in which receivers...
Women’s relationship with money in the United States has been something of an evolving area in the 242 years since Thomas Jefferson declared America’s independence with the phrase “all men are created equal.” In those days, women could not control bank accounts, own land, write...
To roll out a mobile wallet for its credit and prepaid Visa cardholders, Kuwait Finance House (KFH) teamed up with Visa. The wallet will use Visa’s token service, and KFH Chief Retail and Private Banking Officer Waleed Khaled Mandani said to the media that the tie-up...
Visa is gearing up to hire an outside party to investigate a service disruption in the U.K. of its card payment services. According to a report in CityAM.com, Charlotte Hogg, Visa’s Europe chief executive, wrote in a letter to the Treasury Select Committee that Visa is...
Visa customers in parts of the U.K. and Europe weren’t able to use their cards on Friday (June 1) after a system failure prevented transactions from being processed. “Visa had a system failure that impacted customers across Europe,” the company said, according to The Wall...
To accelerate the adoption of mobile payments and tokenization in Latin America and the Caribbean, Visa has made an investment in YellowPepper, which will help support growing opportunities for tokenized payments, increasing access to Visa application programming interfaces (APIs) and expanding the usage of push...
On Tuesday (May 15), Senior Analyst Tien-Tsin Huang of JPMorgan Securities interviewed Visa CEO Alfred Kelly at the JPMorgan Chase Global Technology, Media and Communications Conference. In the interview, Kelly offered up details beyond the earnings call that was held last month, covering topics as far-flung as Europe,...
Visa, the payments company, announced Tuesday (May 15) its launch of a search for a travel enthusiast to send on an international trip to highlight the value of being cash-free. In a press release, Visa said the international trip is the sequel to the Visa...
