Latest Visa News: Finextra Research

PSR steps back from capping Visa and Mastercard fees despite lack of competition

The UK's Payment System Regulator (PSR) has stepped back from imposing financial penalties on Visa and Mastercard scheme and processing fees, despite evidence that the firms are running an effective duopoly in the supply of services to merchants.

21 May 2024

/payments

Visa unveils suite of new products for the digital age

Visa has unveiled a suite of new digital-first products and services that it claims will revolutionise the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them

16 May 2024

/markets

US FS giants explore multi-asset settlement using share ledger tech

A host of major US financial services firms - including Citi, JP Morgan, and Visa - are taking part in a Regulated Settlement Network (RSN) proof-of-concept that will explore multi-asset settlement using shared ledger technology.

09 May 2024

/security

Visa applies generative AI to clamp down on brute force attacks

Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.

07 May 2024

/payments

JP Morgan taps Visa Direct for faster payments

JP Morgan is promising faster domestic payments in the US, through the Visa Direct network.

07 May 2024

/crypto

Visa develops dashboard to make sense of stablecoin activity

Visa has teamed up with blockchain data provider Allium Labs to build a dashboard that helps people make sense of stablecoin activity.

26 April 2024

/retail

Visa launches open banking with Tink in the US

Visa has launched open banking in the US, using technology from recently acquired Swedish vendor Tink.

25 April 2024

/payments

NextGen Nordics 2024: The current state of play of cross-border payments

Moderating the second panel of the day, Niamh Curran, senior reporter at Finextra, discussed real-time cross border payments with Patrik Havander, head of B2B Connect Europe at Visa, Christian Schwarz, director payments Europe at Finastra, Dr Hubertus von Poser, member of the management board at PPI, Colin Williams, global lead for clearing transformation at J.P. Morgan, and Jenny Winther, head of payment schemes at Svenska Handelsbanken.

23 April 2024

/security

Visa launches AI-powered fraud prevention tools

Visa has added a trio of AI-powered risk and fraud prevention tools to its suite of products for businesses.

28 March 2024

/payments

Visa and Mastercard reach $30bn interchange fee settlement with merchants

After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with US merchants lowering and capping credit card interchange rates in a deal that could save the merchants $30 billion over five years.

26 March 2024