Visa announced Tuesday (August 7) that it has made an investment in and inked a partnership with Behalf, an Israeli startup. In a press release, Visa said the investment and partnership is aimed at supporting small business growth via easy-to-access capital and financing. Behalf provides working...
Kroger might expand on a ban on Visa credit cards imposed by its unit in California — proof that retailers are ready to fight back against the $90 billion they pay in swipe fees every year. This week, Foods Co., a subsidiary of grocery giant Kroger, has...
France wasn’t the only winner at the FIFA World Cup: Payments innovation won big, too, with contactless payments accounting for 45 percent of all Visa purchases in the 11 host cities. Fans from Poland, in particular, made a whopping 74 percent of Visa transactions using...
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...