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Visa CEO say network ready to back Crypto assets
Visa already has a number of stakeholdings in cryptocurrency via wallet and platform partnerships and digital asset companies like BlockFi, Fold, Bitpanda and Crypto.com already issue Visa-branded products. However, Al... more
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Visa and Plaid agree mutual termination of merger agreement
Visa and Plaid have announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The... more
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US Department of Justice files lawsuit challenging Visa’s acquisition of Plaid
It has been reported that the Justice Department has filed an antitrust lawsuit against Visa in an attempt to block the proposed $5.3 billion acquisition of Plaid. Plaid builds technical... more
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UnionPay accounts for 45% of global cards spending – Visa still on top
New research shows that spending on payment cards continues to grow strongly, expenditure rose by 13% to reach $35 trillion in 2019. There were a number of factors driving this... more
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Visa hit by EC digital wallets investigation
Visa says the European Commission (EC) has opened a preliminary investigation into the its rules for staged digital wallets. Visa has faced criticism for attaching higher fees to staged digital... more
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