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Visa Inc. (NYSE:V) Reinstates Payment Processing for Pornhub Sites Offering Professional Content

Visa Inc. (NYSE:V) has announced that it will process payments made on adult websites owned by MindGeek, Pornhub’s parent company. The company said that the allowed sites are those that host adult studio content produced professionally instead of user-created content which it bans. Visa upholding the ban on payments to Pornhub and other MindGeek sites […]

Visa Inc. (NYSE:V) Warming Up to Cryptocurrencies Through Partnerships With Crypto Firms

This year Bitcoin price has surged to over $20,000 and this rise is attributed to increasing institutional investment and public buy-in from Square and PayPal. Also, another company that has warmed up to cryptocurrencies is Visa Inc. (NYSE:V). Visa partnering to issue crypto credit cards The entry of Visa into the crypto space might have […]

Visa Inc. (NYSE:V) Partners with BlockFi To Launch First Bitcoin Rewards Credit Card

Visa Inc. (NYSE:V) has partnered with crypto-financial tech company BlockFi to introduce a Bitcoin Reward Credit Card in Spring 2021 for US residents except for those in New York. Evolve Bank & Trust will issue the card, and Deserve will be the card’s technology and program management partner. Customers to earn rewards in BTC The […]

Visa Focusing On A Blockchain And Crypto Strategy That Will Shape The Future

Visa Inc.’s (NYSE:V) fintech and crypto heads have revealed that cryptocurrencies and blockchain tech will be vital in its future growth plans. Terry Angelos, the SVP global fintech head at the company and senior crypto head Cuy Sheffield in a recent interview with Forbes, made these revelations. Visa shares innovative approaches to incorporate crypto and […]

Card Spending Up Despite End Of Unemployment Benefits- Visa Inc (NYSE:V)

Visa Inc (NYSE:V) has reported an overall increase in spending on its cards in the U.S the months of July and August even after the termination of the unemployment benefits. Visa says it reported a 26% increase in debit card spending in July and 24% increase in August compared to last year. This is according […]

Visa Inc (NYSE:V) Vs. Mastercard Inc (NYSE:MA) Continue To Dominate The Card Payment Industry

Four major companies dominate the electronic payments industry- Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA), American Express Company (NYSE:AXP), and Discover Financial Services (NYSE:DFS). Jointly, the companies handle the largest number of card transactions in the world. As opposed to other companies that extend credit to then client, Visa and MasterCard are unique cases as they do […]

Visa Inc. (NYSE:V) Puts Off US Interchange Fee Changes Until Next Year Because Of COVID-19

Visa Inc. (NYSE:V) has announced that it will delay expected US interchange changes and fees up to April next year. The company has cited disruptions due to the coronavirus pandemic for the postponement of the changes. Similarly, the company has confirmed a six-month delay of the EMV liability shift for gas owners for them to […]

Visa Inc (NYSE:V) Spends $5.3 Billion To Acquire Silicon Valley Start-up – Plaid

Visa Inc (NYSE:V) spends $5.3 billion to take over the Silicon Valley Start-up – Plaid. It is roughly double to that of the private valuation of Plaid. API Software of Plaid, aka plumbing, is behind the fintech companies. It allows the start-ups to connect with the bank accounts of users. Some of the Plaid customers […]

Cybercriminals Steal Data From Visa Inc (NYSE:V)’s Credit Or Debit Cards At Gas Pumps: Visa Advises Caution To Its Customers

Visa Inc (NYSE:V) issued a warning to its customers because cybercriminals target transactions at Gas Pumps to steal credit or debit card data. According to a communiqué from Visa, the cyber groups carried out a sophisticated attack at two fuel dispenser merchants in North America. Gas Pumps are attractive targets for hackers. Different from skimming […]

Visa Inc. (NYSE:V) Leading A $40 Million Funding Round For Crypto Startup Anchorage

Visa Inc. (NYSE:V) has made a second investment in the cryptocurrency industry after the payment processor put millions of dollars in a startup called Anchorage during the startup’s new funding round. Visa investment in Anchorage Anchorage secures digital assets for institutional investors in that rather than using passwords that can be hacked the startup requires […]

Visa Invests in Cryptocurrency Again, Leads $40 Million Round for Anchorage

Visa (NYSE: V) took part in the Series B funding round for cryptocurrency startup Anchorage, signaling the big bank’s support for the future of the industry.  Formed in 2017, the money services business provides crypto custody services making it safe for institutions to hold and use digital currencies.  According to Anchorage, venture capital firm Blockchain […]

Former Visa Inc (NYSE:V) Managing Director Kevin Jenkins Joins Blockchain Payments & Identity Brand Nuggets

The former managing director of Visa Inc (NYSE:V), Kevin Jenkins has joined the blockchain payments and identity brand Nuggets. This new development is expected to give a major boost to the expansion plans of the company. As per the report, Nuggets wants to team up with financial institutions in Europe and other parts of the […]

Visa Europe To Sponsor Formula-E Electric Auto Racing Event Amid Speculations of Merger Talks With Visa Inc (V)

Visa Europe is joining in the sponsorship of the Formula E electric auto racing. The company joins the ranks of DHL, Michelin, watch maker TAG Heuer and Julius Bär, a Swiss private bank in the sponsorship of Formula E. Visa Europe’s jump into Formula E sponsorship comes amid widespread speculations that the company is in […]

Apple Inc. (NASDAQ:AAPL): Why PayPal and Google Inc. (NASDAQ:GOOGL)’s Google Wallet Ought To Be Concerned About Apple Pay

Boston, MA 10/08/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) has reiterated its desire to revolutionize the mobile payment platform with its new service ‘Apple Pay.’ A push for the space is expected to be a major threat for the likes of PayPal and Google Inc. (NASDAQ:GOOGL)’s Google wallet that over the years have acted as the dominant […]