There has been no shortage of new takes on card-based loyalty schemes — especially in the last decade as digital has exploded and the competition for customer spend has become increasingly tight. Particularly, in the travel and hospitality sector, co-branded card programs have flourished. But...
At its investor day presentation Tuesday (Feb. 11), Visa executives laid out a roadmap to displacing cash and checks across the global stage, digitizing payments through click to pay, tap to pay, digital wallets and cross-border flows – along with capturing a sizable slice of...
In some ways, the dawn of 2020 is a golden time for female entrepreneurs — in that there are more female-founded firms than ever before. In fact, women are founding new firms at 1.5 times the rate of their male counterparts. However, while women may...
Banking as a service (BaaS) startup Bankable is partnering with Visa to accelerate digital banking solutions, Bankable announced on Tuesday (Feb. 4). The strategic collaboration will provide Visa’s U.S. clients access to Bankable’s real-time digital banking solutions and faster payments. The London headquartered FinTech is...
Visa is proposing to change its interchange rates — commonly known as swipe fees — in ways that would vary according to transactions and merchant classification. The changes, reported by Bloomberg, outlined in a document sent by the payments giant to banks, would be the...
Visa’s fiscal first-quarter results showed an acceleration of cross-border volumes, while contactless payments continued to gain ground in the U.S. and beyond. Headline results showed earnings per share of $1.46, which missed consensus by a penny. Net revenues of $6.05 billion were up 10 percent...
Commerce Bank will strive to provide timely and convenient payments with its new partnership with Progressive Insurance in what they tout as a “truly strategic combination.” According to an emailed press release, the new program will be called CommercePayments PreferPay. It will focus on providing...
Futureproofing is the process of creating systems and processes resilient enough to hold their value in the face of an unknown future. It’s also about creating a mindset and a corporate culture where everyone is responsible for weighing risks against future opportunities. It’s one of...
Visa has announced that it is sponsoring athletes from the Olympic and Paralympic Games and teaching them about financial literacy for when their athletic careers come to an end, according to a report by CNBC. The summer games in Tokyo are just a few months...
