Mastercard and Visa lose legal round in Europe over swipe fees

Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for ... Read More

Visa CEO Predicts 100 Million Contactless Cards in a Year

Visa Inc. has been talking up contactless payments lately, though its executives and spokespersons usually dole out percentages rather than hard numbers to describe what is still a minuscule ... Read More

Visa released real-time payments platform in Europe

Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border ... Read More

VISA reports Net Operating Revenue of $4.5 billion

Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal second quarter 2017, ended March 31, 2017. Fiscal Second Quarter 2017 Key Highlights: GAAP net income of $430 million ... Read More

Barclaycard to embed contactless payment in watches and jewellery

Barclaycard names new bPay partnerships to embed Contactless Payment in Watches and Jewellery Partnering DCK, with its range of ‘Tutch’ jewellery, and HK-based Tappy Technologies, a payment pioneer who ... Read More

Visa to Launch First Everywhere Initiative in Europe

Today, Visa announced that the Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into Europe. Entrants in Visa’s ... Read More
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IBM and Visa turn automobiles, appliances and all other connected devices into potential Points of Sale

IBM Watson IoT to Provide Access to as Many as 20 Billion Devices for Visa in the Next Five Years Companies Share Vision for Commerce Based IoT at First Ever ... Read More

What about paying with your sunglasses?

Because we carry our phones with us all the time that it makes sense to include mobile payment functionality on them. However what about those times it’s not convenient ... Read More

Visa reports net income of $2.1 billion for Q1 2017

GAAP net income of $2.1 billion or $0.86 per share, an increase of 7% and 7%, respectively Adjusted net income and earnings per share growth of 23% and 23%, ... Read More

Hong Kong to Start 2017 Disruption With Fintech Festival

The first fintech event of 2017 will see 24 startups from across the globe heading to Hong Kong as part of the week long StartmeupHK Festival. 2017 is expected ... Read More
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