Latest Visa News: Finextra Research

UK shoppers frustrated by payment outage

On Thursday, UK shoppers were hit by a payments outage, preventing them from making online and card payments using Visa and Mastercard.

12 July 2024

/payments

Developing HSBC's Zing app: The role played by Visa, Currencycloud and Tink

Visa has revealed its role in the development of HSBC's money transfer app Zing, with subsidiaries Tink and Currencycloud providing key building blocks.

09 July 2024

/crypto

Visa and Tangem combine payment card with crypto wallet

Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm's self-custodial hardware wallet.

09 July 2024

/payments

Mastercard and Visa extend cap on inter-regional fees for tourist cards in EU

Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.

08 July 2024

/payments

US judge rejects "paltry" $30 billion swipe fee settlement

A US district court judge has rejected an agreed $30 billion settlement over swipe fees between the two major card schemes and US merchants partially on the grounds that Visa and Mastercard have the financial armoury to pay "substantially" more.

01 July 2024

/payments

Visa launches digital card replacement service for travellers

A new Visa service means that travellers that lose their wallet can now get a digital card replacement via text or email.

27 June 2024

/payments

US judge rejects $30bn interchange fee settlement

A US judge has rejected a $30 billion settlement between Visa, Mastercard and retailers over credit card interchange fees.

25 June 2024

/security

EBAday 2024: Collaboration is key to fraud management

In one of the closing sessions of EBAday 2024 in Lisbon, panellists Marc Corbalan, VP of RTP analytics at Visa; Erwin Kulk, head of service development and management at EBA Clearing; Simone Löfgen, global head of payment platforms and managing director at Commerzbank; and Kannan Rasappan, founder and CEO of Banfico, explored innovations in cybersecurity in a panel titled ‘New approaches to fraud management’.

20 June 2024

/payments

Visa and Mastercard set for card fee suit

A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.

07 June 2024

/payments

Visa looks to generative AI to enhance tokenisation

At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.

04 June 2024

/retail

Visa and Mastercard offer $197m to settle ATM class action suite

Visa and Mastercard have agreed to pay $197 million to settle a long-running class action lawsuit accusing them of keeping ATM fees artificially high.

31 May 2024

/ai

Pay.UK hails fraud detection pilot results

Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country's economy over £112 million a year.

30 May 2024

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