British Reporter -- The Biden administration recently allowed a Trump-era ban on certain work visas to expire, opening the door for foreign workers to reenter the American labor pool after being locked out for nearly a year, University of Pennsylvania notes.…
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The FINANCIAL -- Visa, the world’s leader in digital payments, and Airbnb,…
The FINANCIAL — While fan experiences at live events continue to evolve…
The FINANCIAL — Visa Inc. announced the launch of the Visa Economic Empowerment Institute (VEEI),…
British Reporter -- The Biden administration recently allowed a Trump-era ban on certain work visas to expire, opening the door for foreign workers to reenter the American labor pool after being locked out for nearly a year, University of Pennsylvania notes.…
The FINANCIAL -- Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets will be able to access their earnings more quickly. Through Airbnb’s use of Visa Direct, Visa’s real-time push payments platform, Hosts will have an option to move money…
The FINANCIAL — While fan experiences at live events continue to evolve due to the ongoing effects of COVID-19, today, Visa and the National Football League (NFL) finalized plans for safer and more secure payments via a cash-free future for the Super Bowl. Visa, the “Official Payment Services Technology Partner” of the NFL, will now enable seamless, safe and secure digital payments…
The FINANCIAL — Visa Inc. announced the launch of the Visa Economic Empowerment Institute (VEEI), a center of excellence for research and public-private dialogue on payments policy, committed to promoting and advancing equitable economic empowerment of individuals, businesses and societies around the world. The VEEI will develop new research and insights designed to inform long-term policy within the…
The FINANCIAL — The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa (NYSE: V) announced two new components of its fintech Fast Track program: 1.…
THe FINANCIAL — Visa Inc. (NYSE:V) issued the following statement regarding its planned acquisition of Plaid: “Visa strongly disagrees with the Department of Justice (DOJ), whose attempt to block Visa’s acquisition of Plaid is legally flawed and contradicted by the facts. This action reflects a lack of understanding of Plaid’s business and the highly competitive payments landscape in which Visa operates. The combination of Visa and Plaid will…
The FINANCIAL — Visa Inc. announced it has signed a definitive agreement to acquire YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean. The acquisition of YellowPepper builds on a strategic partnership and investment Visa made in YellowPepper in May 2018. The YellowPepper platform offers a rich set of APIs to enable…
The FINANCIAL — As the world increasingly turns to digital payments amidst COVID-19, a simple mobile app can help millions of sellers worldwide quickly and securely accept contactless payments, while improving the checkout experience for customers. After piloting Visa Tap to Phone over the past year, Visa (NYSE:V) announced product availability in more than 15 markets with…
The outbreak of the COVID-19 pandemic has led many peopleto fall back extensively on digital infrastructure–be it collaborating virtually with co-workers and clients across geographies or orderingessential goods and servicesthrough e-commerce portals. If the growth of connected devices which are predicted to nearly triple its current level by 2025, from 26+billion IoT devices to 75+…
Across the globe we’re settling into a new normal as COVID-19 pandemic continues to reshape much of life and business as we know it, the way we we work, travel, shop and communicate. While many companies and industries are facing difficulty maintaining in-store sales, we see an immediate acceleration of digital shopping.…
The COVID-19 pandemic has prompted an unprecedented surge in eCommerce transactions, with more and more consumers choosing to shop online especially as their favorite retailers have had to temporarily close their physical stores. We observed a significant increase in e-commerce. Today, the importance of online presence has increased for both business and consumers. Merchants and…
The FINANCIAL -- Tbilisi, May 13, 2020 – The Visa Foundation has announced its approval of a $1.6 million COVID-19 relief grant to the Red Cross to support their COVID-19 recovery programs across Central and Eastern Europe, Middle East and Africa. The Red Cross is supporting the frontline response to the pandemic and providing critical services…
Visa today announced the appointment of Cristina Doros as Visa Country Manager for Caucasus region. In her new role, Cristina Doros will focus on growing the electronic payments business in Caucasus region by increasing Visa’s footprint in these markets, and enhancing value it provides to banks, merchants, and cardholders.…
The FINANCIAL —Visa Inc. (NYSE: V) today announced it has acquired control of Earthport (AIM:EPO), a company that provides cross-border payment services to banks, money transfer service providers and businesses via the world’s largest independent ACH network.…
The FINANCIAL -- Visa Inc. (NYSE: V) and FIS are joining forces to enable FIS’ commercial financial institution clients to quickly and securely access the Visa B2B Connect platform globally*. Visa B2B Connectwill be available to FIS’ customers who are looking for an innovative, fast and transparent way to process high-value corporate, cross-border payments.…
