All Visa Articles
Visa To Release Fiscal Q4 & Full Year 2023 Financial Results On October 24 – $V $DIA $SPT $INDP $LTRN
As per reports, Visa Inc. (V) has slated the disclosure of its financial performance for the fiscal fourth quarter and full year 2023 on Tuesday, October 24, 2023. Following the market's closure, Visa will file these results with the Securities and Exchange Commission and make them available, comple...
Oct 19, 2023
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Visa & Mastercard Withdraw Support From Binance Amid Regulatory Scrutiny – $V $MA $DIA $SPY
Reportedly, Mastercard Inc. and Visa Inc. (V) have distanced themselves from their card partnerships with Binance Holdings, the cryptocurrency platform facing regulatory challenges globally. Binance has faced significant scrutiny from financial regulators worldwide, and the pressure has increased...
Aug 29, 2023
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Visa Welcomed Cybersecurity Expert Pam Murphy To Board Of Directors – $V $DIA
As per reports, Visa Inc. (V) declared that Pam Murphy had been chosen as a new member of its board of directors. Ms. Murphy, who has been the CEO of Imperva, Inc. since January 2020, has a background in enterprise software, having spent nine years at Infor, Inc., where she served as COO...
Apr 20, 2023
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Visa’s Vice Chair & CFO To Exit Office This September – $V $DIA $INVO
Reportedly, Visa's (V) board announced the that Vasant Prabhu , Vice Chair, Chief Financial Officer will exit the company on September 30, 2023. Vasant Prabhu will assist the payment giant with the search for and onboarding of his successor, allowing sufficient time for a smooth transition for his r...
Feb 23, 2023
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Visa Asia Pacific Regional President Chris Clark To Now Lead As Chairman For The Region – $V $DIA $INVO
Reportedly, Visa Inc. (V) has announced that Chris Clark has been elevated from Regional President to Chairman, Asia Pacific, and Stephen Karpin will succeed him, effective 1 April 2023. In his new role. Mr. Clark will lead regional and global initiatives, including strategic engagements with i...
Feb 09, 2023
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Visa Facing DOJ Investigation Over Competition & U.S. Debit Card Practices – $V $DIA
As per reports, the U.S. Department of Justice is investigating is seeking documents and information from Visa Inc (V) about its practices and competition with other payment networks. In 2019, the digital payment giant had to settle a European Union antitrust probe over card fees. Payment giants Vis...
Feb 09, 2023
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Visa Releases Strong Q4 Boosted By Robust Payments Volume – $V $DIA $INVO
As per reports, Visa's (V) fourth quarter payments volume increased 10% year over year and the number of processed transactions rose 12%. The company's cross-border volume leapt 36% as international transaction revenue jumped 52% to $2.87 billion. The company's first quarter fiscal 2023 earnings and...
Jan 31, 2023
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Visa Schedules Fiscal Q1 2023 Release On Jan. 26- $V $DIA $INM $ATOS
Reportedly, Visa Inc. (V) is to report fiscal Q1 2023 financial results after the market closes, on Thursday, January 26, 2023. The release will be followed by a live audio webcast beginning at 2:00 p.m. PT /5:00 p.m. ET with Visa’s executive management team to discuss financial results and busine...
Jan 20, 2023
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Visa To Boost #Africa’s E-payments With $1 Billion In Investment – $V $DIA $INVO
As per reports, Visa Inc. (V) announced an investment of $1 billion in Africa over the next five years to capitalize on the emerging economy's rapid growth in digital payments. According to a McKinsey report, investments are a major growth opportunity in the continent where cash is likely to be chal...
Dec 15, 2022
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Visa Appoints President Ryan McInerney As Its New CEO – $V $DIA $INVIO
Reportedly, Visa (V) has named its president, Ryan McInerney, as its new CEO to help the company come through a challenging period for the payments industry as consumers shrink and tighten their expenses. Starting in February, McInerney will lead replacing Alfred Kelly Jr, who has been CEO since 201...
Nov 21, 2022
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Visa Recently Beat Quarterly Estimates As Consumers Spent ‘Huge’ On Travel – $V $DIA $ATOS $INVO
Reportedly, Visa Inc (V) had better-than-expected quarterly earnings as more Americans took advantage of a stronger dollar and flew to international destinations, and splurged on shopping and entertainment. Transactions increased 12% on a constant dollar basis to 50.9 billion in the fourth quarter t...
Dec 01, 2022
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Visa To Include New Code Identifying Sales At U.S. Gun Stores – $V $DIA $INVO
As per reports, Visa Inc. (V) announced the implementation of a new merchant category code for U.S. gun retailers, that will identify transactions at firearms stores. Recently, the International Organization for Standardization (ISO) approved the creation of the merchant code after gun-control activ...
Sep 25, 2022
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Payment Giants Visa, Mastercard, Amex Urged By Officials To Track Gun Sales – $V $MA $AXP $DIA $INVO
As per reports, top New York City and California pension officials have asked payments processors Visa Inc. (V), Mastercard Inc (MA) , and American Express Company (AXP) to create a new tool to track suspicious gun purchases. Brad Lander, Staff for New York City Comptroller overseeing pension funds,...
Oct 03, 2022
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Visa Token Service (VTS) Outpaces Total Number Of Physical Cards In Circulation – $V $DIA
Reportedly, Payments giant Visa Inc. (V) has issued over 4 billion network tokens worldwide through its security technology Visa Token Service (VTS), outpacing the total number of its physical cards in circulation. VTS replaces 16-digit Visa account numbers with a token that only Visa can unlock, pr...
Aug 31, 2022
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Visa Launches Its Suite Of Sustainability-Focused Solutions ‘Visa Eco Benefits’ – $V $DIA
Reportedly, Visa (V) is to launch its suite of sustainability-focused solutions, Visa Eco Benefits in the Asia Pacific. A suite of sustainability-focused solutions, Eco Benefits will help Visa cardholders across the region better understand the environmental impact of their day-to-day payments, al...
Aug 04, 2022
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Visa Beats Quarterly Estimates Riding Summer Travel Boom Across United States – $V $DIA
Reportedly, Visa Inc. (V) beat estimates for quarterly profit as consumer spending increased and a summer travel boom across much of the United States translated into higher card spending. The world's largest payments processor raked in higher revenue as payment volumes jumped 12% during the third q...
Aug 02, 2022
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Digital Payment Giant Visa Announces Release Date Of Q3 Earnings On July 26 – $V $DIA
As per reports, Visa Inc. (V) has scheduled the release of its fiscal Q3 2022, financial results on Tuesday, July 26, 2022. The company’s executive management team will host a live audio webcast beginning at 2:00 p.m. PT / 5:00 p.m. ET to discuss and review the results. After the market closes, Vi...
Jul 19, 2022
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Visa Enters Deal With M-Pesa, Mobile Phone-based African Money Transfer Service – $V $DIA
Reportedly, Visa Inc. (V)and M-Pesa, the mobile phone-based African money transfer service owned by Kenya's Safaricom Plc have entered a deal to launch a virtual payment card in a bid to cover some of the continent's $40 billion-a-year subscriptions market. The M-Pesa Global Pay Visa Virtual card ...
Jun 23, 2022
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Visa Selects 5 Startups For Its Visa Accelerator Program 2022 – $V $DIA
Reportedly, Visa Inc. (NYSE: V) has selected five startups to join the 2022 cohort of its Visa Accelerator Program in the Asia Pacific, Cymonz, Moneytree, Perfios, TallyKhata, and TripleA. The startups will work closely with Visa over the next six months creating defined commercial opportunities th...
Apr 28, 2022
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Visa Brings Board Level To 11 With Terry List’s Appointment – $V $DIA
Reportedly, Visa Inc. (V) announced that Teri List has been appointed to its board of directors, effective April 11, 2022. Ms. List was executive vice president and chief financial officer of Gap Inc. from January 2017 until March 2020 and served as an advisor until June 2020. Ms. List also serves o...
Apr 12, 2022
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Visa Announces To Release Fiscal Q2 Earnings On April 26 – $V $DIA
As per reports, Visa Inc. (V) has scheduled the release of its fiscal Q2 2022 financial results on Tuesday, April 26, 2022. The company's executive management team will host a live audio webcast beginning at 2:00 p.m. PT / 5:00 p.m. ET to discuss and review the results. After trading closes, Visa wi...
Apr 11, 2022
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Visa Acquires Open Banking Platform Tink – $V $DIA
Reportedly, Visa (V) has completed the acquisition of Tink, an open banking platform that enables financial institutions, fintech, and merchants to build financial products and services and move money. Through a single API, Tink offers its customers to move money, access aggregated financial data,...
Mar 10, 2022
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Visa Appoints BlackRock’s Frank Cooper III As New CMO – $V $DIA
Reportedly, Frank Cooper III will join Visa (V) as its Chief Marketing Officer (CMO) in May 2022. Additionally, he will also serve as a member of the company’s Executive Committee and report to Al Kelly, Chairman and Chief Executive Officer (CEO). Mr. Cooper will head the global marketing organiza...
Mar 05, 2022
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Amazon & Visa Resolve Dispute Over Payment Fees – $AMZN $V $DIA
Reportedly, Amazon (AMZN) and Visa Inc. (V) have resolved their dispute where Amazon was considering a ban on U.K.-issued Visa credit cards, threatened to damage the financial giant’s business, and disrupt e-commerce payments. The retailer informed it will no longer charge customers who use Visa...
Feb 22, 2022
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Visa U.S. Spending Momentum Index Show Drop In Consumer Spending For January -$V $DIA
As per reports, Visa Inc. (V) announced that the U.S. Spending Momentum Index (SMI) came in at 102.4 in January, dropping from 109.4 in December. The SMI’s decline from December was mainly due to the rise in new Omicron variant cases. The Visa SMI is an economic indicator of consumer health spendi...
Feb 14, 2022
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Jennifer Como Promoted To Head Of Investor Relations For Visa – $V $DIA
Reportedly, Visa Inc. (V) has appointed Head of Investor relations succeeding Mike Milotich who will leave Visa later this month and join as chief financial officer of a publicly-traded company. She joined the company in 2019, and currently serves as the senior vice president of investor relations a...
Feb 13, 2022
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Visa Reports Quarterly Beat As Travel & Online Spend Witness Upward Trend – $V $DIA
Reportedly, Visa ( V) quarterly earnings beat estimates as more international travel and e-commerce witnessed an increase in spending. Even though travel spending dropped since late December due to the Omicron variant of the coronavirus, the company executives believe the recovery will resume and n...
Feb 01, 2022
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Visa To Release Q1 Earnings On Jan 27 – $V $DIA
Reportedly, Visa Inc. (V) to report its fiscal Q1 2022 financial results on Thursday, January 27, 2022, after the market closes. The release will be followed by an executive management team hosting a live audio webcast beginning at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss financial...
Jan 17, 2022
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Visa & Uber Join To Offer $1M In Grants & Resources Supporting Small Businesses – $UBER $V
As per reports, Uber and Visa (V) announced Grants for Growth, a program that will provide $1 million in grant funding to small businesses in 10 U.S. cities that are currently active on Uber Eats, focussing on restaurant recovery and entrepreneurship, the program was created to support merchants whe...
Jan 11, 2022
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Visa Acquires Cross-Border Payments Co. Currencycloud
Reportedly, Visa Inc. (V) has completed the acquisition of Currencycloud, a global platform enabling banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between Currencycloud and Visa. The transact...
Dec 21, 2021
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Visa U.S. Spending Momentum Index (SMI) Rises To 111.9 In November – $V
Reportedly, Visa Inc. (V) announced the U.S. Spending Momentum Index (SMI) of 111.9 in November adjusted seasonally, an increase from 1.3 points in October, marking the second consecutive month of acceleration in consumer spending momentum. The SMI’s further increase above 100 shows that even mo...
Dec 09, 2021
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Visa States Latest SMI Supports View That Consumer Spending Set To Bounce Back In Q4
Reportedly, the U.S. Spending Momentum Index has increased to110.6 in October up 2.1 points from September, as per the Visa (V) SMI index, an economic indicator of the health of consumer spending. The Visa SMI above 100, indicates strong consumer spending momentum and when it falls below 100, it d...
Nov 15, 2021
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Visa To Now Offer Visa Installments In Australia With ANZ & Quest Payment Systems
Reportedly, Visa (V) has announced the expansion of Visa Installments in Australia in partnership with one of the country’s largest financial institutions, ANZ, and merchant payment provider, Quest. The solution allows Australian shoppers to access "Buy Now, Pay Later" (BNPL) financing via the...
Oct 12, 2021
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Visa To Release Fourth-Quarter Earnings On Oct 26
As per reports, Visa Inc. ( V) is to announce its fiscal fourth quarter and full-year 2021 financial results on Tuesday, October 26, 2021, after the market closes. The Visa’s executive management team will host a live audio webcast beginning at 2:00 p.m. P.T (5:00 p.m. ET) to discuss the results....
Oct 11, 2021
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Visa To Expand Operations & Hiring In Midtown Atlanta
Reportedly, Visa Inc.(V) to open a new office in Atlanta next year as part of an expansion in the city. Visa’s new office will be based at 1200 Peachtree Street in Midtown Atlanta district and will have employees performing a range of functions, focussing mainly on technology and client services. ...
Sep 30, 2021
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Visa Releases Shipt, Skillshare, Sofar Sounds Benefits For U.S. Consumer Credit Cardholders
Reportedly, Visa (V) announced exclusive benefits for Visa’s U.S. Consumer Credit cardholders, with three exclusive benefits, such as Shipt, Skillshare, and Sofar Sounds. Eligible cardholders can enjoy; Free Shipt membership to receive free same-day delivery on groceries and household essenti...
Sep 21, 2021
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Visa & Chase Come Together To Donate To New York Cares With Their Chase Visa Contactless Card
As per reports, Visa (V) and Chase (JPM) announced that riders on MTA subways or buses, who tap with their Chase Visa contactless card, will donate 10 cents per tap, up to $250,000, to local nonprofit New York Cares, through September 30, 2021 or when maximum donation amount is reached). Local nonpr...
Aug 30, 2021
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50 First-Year College Students Welcomed Into Visa’s Black Scholars & Jobs Program
Reportedly, Visa Inc. (V) announced the inaugural class of the Visa Black Scholars and Jobs Program, rewarding 50 first-year college students around the country with scholarship assistance for up to four years. Visa Black Scholars will get a chance to work with Visa mentors throughout their college ...
Aug 29, 2021
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Rising Vaccinations & Reviving Economies Boost Visa’s Q3 Earnings
Visa (V) reported strong quarterly earnings as domestic spending bounced back to pre-pandemic levels and international travel is also on the road to recovery as vaccinations rise and economies reopen. Payment giants are witnessing an increase in volumes from the coronavirus-induced slump as travel a...
Aug 03, 2021
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Visa Announces Acquisition Of Currencycloud – Pushing Forward Goal To Facilitate Global Money Movement
Reportedly, Visa Inc. (V) has entered a definitive agreement to acquire a global platform that enables banks and fintech to provide innovative foreign exchange solutions for cross-border payments, Currencycloud. The deal builds on existing strategic partnerships between the two companies and values ...
Jul 23, 2021
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Customer Spending On Crypto-Linked Cards Exceed $1B In 1H2021 Per Visa
As per reports, Visa Inc. (V) informed that more than $1 billion has been spent by its customers on its crypto-linked cards in the first half of this year. The company is taking the necessary steps to smoothen crypto transactions and partnering with 50 cryptocurrency platforms, making it easier for ...
Jul 08, 2021
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Blockchain Capital Raises $300M From Investors Including Visa, PayPal, Etc.
Reportedly, Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including Visa Inc.(V) and PayPal Holdings Inc. Blockchain Capital informed that some investors in Fund V, including PayPal and Visa, will also ...
Jun 25, 2021
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Visa Collaborates With Wave, Offering Instant Payouts To Canadian Small Business Owners
Reportedly, Visa Inc. (V) has partnered with Wave, an all-in-one accounting and business banking platform to launch Instant Payouts to Canadian small businesses helping them to manage their cash flow. The platform will be enabled by Visa Direct, Visa's real-time2 push payments platform, and made ava...
May 14, 2021
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Visa Quarterly Earnings Signal Reviving Economy
Visa (V) earnings are showing signs of recovery as an increase in online shopping helped the world's biggest payment processor quarterly earnings beat Wall Street estimates and overcome sluggish travel spending. Visa's total payment volumes increased 11% on a constant dollar basis. Visa's net revenu...
May 03, 2021
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Visa Enhances Global Money Movement Capabilities With Its Visa Direct Payouts
Reportedly, Visa (V) has announced the expansion of Visa Direct with the introduction of Visa Direct Payouts. The new solution allows global Visa clients and partners to use a single point of connection to push payments to eligible cards and/or accounts for cross-border payments, and eligible cards ...
Mar 31, 2021
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Visa Faces Probe By U.S. Justice Department Over Debit-Card Routing Practices
As per reports, Visa Inc. (V) is under investigation by the U.S Department of Justice to probe the credit card’s giant involvement in anti-competitive practices in the debit-card market. The antitrust division is probing the network’s rules for routing transactions both in stores and online. ...
Mar 22, 2021
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Visa Elects Michelle Gethers-Clark As Its Chief Diversity Officer & Head Of Corporate Responsibility
Visa Inc. (V) announced the appointment of Michelle Gethers-Clark as its Chief Diversity Officer and Head of Corporate Responsibility. Gethers-Clark to be a part of Visa’s Executive Committee and will report to Al Kelly, Chairman, and Chief Executive Officer. Gethers-Clark will be responsible for...
Mar 22, 2021
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Visa’s US Consumer Credit Account Holders Can Now Enjoy Benefits With NortonLifeLock
As per reports, Visa Inc. (V) has announced the availability of a new benefit for its Visa consumer credit account holders in the U.S. Consumers holding Visa Infinite, Visa Signature, or Visa Traditional credit cards can now enroll and enjoy benefits of complementary offers and discounts on product...
Feb 10, 2021
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Visa Beats Q1 Estimates As Holiday Shopping Revives Consumers Spending
Visa Inc. (V) reports quarterly profits, beating Wall Street estimates and witnessing a surge in online shopping during Christmas and New Year holidays, a much-needed recovery in payment volumes from the coronavirus-driven slump. U.S. holiday sales increased 8.3% last year to record their best growt...
Jan 29, 2021
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Visa To Announce Fiscal Q1 2021 Earnings On January 28, 2021
Reportedly, Visa Inc. (V) will announce its fiscal first-quarter of 2021 on Thursday, January 28, 2021, after the market closes. Visa’s executive management team to host a live audio webcast at 2:00 p.m. Pacific Time/ 5:00 p.m. ET to discuss and review the financial results and business highligh...
Jan 18, 2021
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Visa $5.3B Purchase of Plaid Following Antitrust Pushback From The Department Of Justice
Reportedly, Visa Inc (V) has withdrawn from its $5.3 billion purchase of payment-processing technology company, Plaid following an antitrust pushback from the Department of Justice. The deal was proposed in January 2020. Plaid’s infrastructure allows consumers and businesses to make payments dire...
Jan 13, 2021
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