Visa and Mastercard Allegedly Spend Millions to Block Competition
Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.
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Visa to Promote Digital Payments in India
Visa is currently partnering with companies such as Paytm and PayU to promote digital payment practices in India.
Visa Launches Cross-Border Business Payments Partnership With Revolut
The giant of the global payment industry, Visa, announced the launch of a partnership with Revolut, a London-based fintech company, in the area of cross-border transactions belonging to the business operations category.
Axis Bank Reveals Ultra Luxury Credit Card With Visa Infinite Privilege Benefits
The new Axis Bank credit card product developed in partnership with Visa targets ultra-high net worth customers in India.
RBI Fines Payment Operators Including Visa
The Reserve Bank of India (RBI) imposed penalties on Visa, Manappuram Finance, and Ola Financial Services for non-compliance.
Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
Commercial Bank of Dubai Partners With Visa
Commercial Bank of Dubai cooperates with Visa in the area of credit and debit cards, core data assets and insights, and marketing initiatives.
Visa Launches AI-Powered Fraud Detection Service in UK
Visa has launched a real-time artificial intelligence-based fraud detection service in the United Kingdom.
Dwolla and Visa Collaborate on Account Verification for Pay-by-Bank
Dwolla and Visa announced a joint effort to simplify the process for medium and large businesses to use the pay-by-bank system to make payments and receive transactions of the corresponding category.
Visa Rolls Out Risk Management Solutions for Non-Visa Transactions
On Wednesday, March 27, the payment industry giant Visa announced plans to implement artificial intelligence tools in three new apps as part of its fraud and risk management technology platform to protect merchants, issuers, and consumers.
Mastercard and Visa Agree to $30 Billion Settlement
Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.
Visa and Western Union Form New Cross-Border Payment Agreement
Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.
Visa and Transak to Enable Crypto-to-Fiat Withdrawals
Cooperation between the Visa payment network and Web3 infrastructure provider Transak will facilitate crypto-to-fiat withdrawals without centralised exchanges involved.
Visa and TECH5 to Promote Digital ID-Based Payments
Visa announced the beginning of cooperation with the biometric company TECH5.
Alchemy Pay Partners With Worldpay to Enhance On & Off-Ramp Payments
Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.
UK Regulator Proposes Cap on Mastercard, Visa Interchange Fees
A proposed cap on cross-border interchange fees charged by Visa and Mastercard aims to avoid businesses overpaying after Brexit eliminated fee limitations applied in the EU.
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