Banking

Visa's global business view

Visa CEO Kelly sees payments industry relief on the horizon

Highlights from Squawk Alley anchor Carl Quintanilla’s Nov 10 CNBC Evolve Summit interview with Visa Chairman and CEO Alf Kelly By Jeff Domansky, Nov 10, 2020 Between the ...
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cash crash is growing

Will cash crash or make a comeback post-pandemic?

By Jeff Domansky, Nov 9, 2020 It’s no secret payments and shopping habits have changed around the world as a result of the global pandemic. Recent data from ...
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Nov 6: Global payments news roundup

What a week! While the US waits for a clear election winner, the payments world was busy as usual. Here’s a fresh news roundup to keep you informed ...
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DOJ blocks Visa acquisition of Plaid.

US DOJ blocks Visa’s $5.3 billion acquisition of fintech Plaid [Updated]

Editor’s note: Late yesterday Visa issued the following statement in response to the US DOJ lawsuit: “Visa strongly disagrees with the Department of Justice (DOJ), whose attempt to ...
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voice payments are growing more popular

Are voice payments ready to find their voice?

By Jeff Domansky, Oct 29, 2020 New developments and improvements in voice technology are already driving customer service, bot automation, and even investments in the banking and payments ...
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Ant Group’s $34 billion IPO

Ant Group’s record $34 billion IPO will be world’s largest [Update: suspended by regulators]

By Jeff Domansky, October 27, 2020 Editor’s update: CNBC reported today (Nov 3) that “Ant Group’s controller Jack Ma, executive chairman Eric Jing and CEO Simon Hu were ...
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global payments news roundup

Oct 26 Global payments news roundup: Ant Fin’l, Stripe, JPMorgan, Visa, Wirecard, PayPal, more…

As the biggest shopping season of the year approaches in the US and around the world, it’s also a hectic time for payments industry news. We’ve got another ...
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Visa Tap to Phone

Visa launches Tap to Phone mobile payments in 15 markets

After a year of development and testing, Visa rolled out its new Tap to Pay mobile payment app that will let micro-merchants and sellers worldwide quickly and securely ...
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Q3 2020 ACH Network volume grew 9%

Q3 ACH payments volume grew 9% in US

Nacha’s US Automated Clearing House Network (ACH) report for electronic funds transfers in the third quarter of 2020 showed exceptionally strong growth in volume and value despite the ...
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UnionPay International has biggest payments market share

China’s UnionPay leads global payment card issuers

Global payment card expenditure grew 13% last year, to reach $35 trillion, according to the latest industry research. Despite a frequent US and western-biased view that Visa and ...
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