Payments News

On The Web

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Companies

Visa to Seek Foothold in Ex-Pariah State With Sudanese Office

“Visa Inc. will open an office in Sudan as more local banks start issuing payment cards, the latest step in the country’s reintegration into the global financial system after decades of isolation.  The San Francisco-based electronic payments operator has eight “partner institutions” in the African country and sees “real interest” from Sudanese authorities in digitizing […]
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Companies

VTB and Visa Test ‘Pay-by-glance’

“Russia’s VTB is working with Visa and a local fintech to let restaurant customers make payments by looking at a camera. The bank is working with O.Vision, which is a member of its corporate accelerator on the system, which is being tested at the KiO Kitech network of outlets in St Petersburg.To pay with their […]
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Companies

Visa Seeks RBI’s Permission To Enter Cross-Border Payment Segment: Report

“Financial services company Visa Inc has pursued the Reserve Bank of India’s (RBI) permission to roll out a new cross-border payments system so that they can process trade flows to and from India and provide a cheaper and swifter blockchain-based solution that is currently under trial. Visa will collaborate with a private-sector bank for this […]

On The Wires

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Companies

Visa and Ascenda Partner on Next-gen Loyalty and Rewards in Asia Pacific

“Visa, the world leader in digital payments, today announced a strategic partnership in Asia Pacific with Ascenda, the loyalty technology company. The payments network will be first globally to leverage Ascenda’s new Nexus platform, which will enable Visa’s partners to adopt a comprehensive new rewards program for their customers.”
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Companies

Meet Visa: Reintroducing the Iconic Visa Brand to Everyone, Everywhere

“Inviting the world to ‘ Meet Visa ,‘ the global payments technology company today unveiled the initial phase of its brand evolution spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. Aligned closely with the company’s business strategy, this phase includes the debut of a dynamic global marketing campaign and […]
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Companies

McAfee Partners With Visa to Offer Holistic Security Solutions for Visa Business Cardholders

“McAfee today announced a new partnership with Visa that enables Visa financial institution partners in North America and EMEA to offer award-winning internet security to Visa Business cardholders. Visa Business cardholders can save up to 40% on a two-year subscription on comprehensive McAfee solutions that protect sensitive data via email, provide web and firewall protection, […]
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Companies

Visa U.S. Spending Momentum Index Signals Continued Spending Growth

“Visa (NYSE: V) today released the June reading of the Visa U.S. Spending Momentum Index (SMI), an economic indicator designed to be a timely gauge of the health of consumer spending. The Visa SMI delivers insight into what drives upturns and downturns in spending by measuring the breadth of the momentum supporting these trends. In […]
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Companies

Inclusive Fintech 50 Launches 2021 Competition to Recognize Early-stage Fintechs Driving Innovation in an Era of Uncertainty

“The Center for Financial Inclusion (CFI) has launched the third year of Inclusive Fintech 50 (IF50), a competition to recognize the most promising inclusive fintech startups pushing the frontiers of innovation. This year, the competition seeks to recognize early-stage fintechs that are helping low-income customers and micro- and small enterprises not just respond to the […]