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Huntington Announces Appointment Of New Chief Financial Officer
Wells Fargo Names Charles Scharf Chief Executive Officer
Soros Fund Management Takes Share Stake In Visa, Allergan
Visa Inc. (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants. The Company's transaction processing network facilitates authorization, clearing and settlement of payment transactions and enables to provide its financial institution and merchant clients a range of products, platforms and value-added services. The Company is a retail electronic payment network based on payments volume, number of transactions and number of cards in circulation. Its products/services include core products, processing infrastructure, transaction processing services, digital products, merchant products, and risk products and payment security initiatives.
PO Box 8999
Alfred F. Kelly
Chairman of the Board, Chief Executive Officer
Vasant M. Prabhu
Vice Chairman of the Board, Chief Financial Officer, Executive Vice President
President of Visa Foundation
Mary Ellen Richey
Vice Chairman - Risk and Public Policy
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Visa <V.N>, Mastercard Inc <MA.N> and other key financial partners may reconsider their involvement in Facebook Inc's <FB.O> cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
British-based digital banking app Revolut is set to hire around 3500 staff as it expands into 24 new markets thanks to a new global deal with payments giant Visa Inc <V.N>, the two companies said on Monday.
Financial technology company Plaid Inc said on Monday that Visa Inc and Mastercard Inc were strategic investors in a $250 million round of Series C financing raised in December.
Global card payments group Visa <V.N> is critical of the Indian government's decision to boost adoption of electronic payments by requiring banks and card payment networks to offer no-fee debit card transactions, a senior Visa executive said.
Visa Inc <V.N> beat analysts' estimates for quarterly earnings on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's largest payment processor.
Visa Inc reported a 33% rise in quarterly profit on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's largest payment processor.
Visa Inc said on Wednesday it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.
* Shares partly recover two-day losses sparked by Visa entry (Recasts, adds share movement, fund manager comments, context)
Australia's Afterpay Touch Group Ltd, an early adopter of buy-now-pay-later consumer lending, has come under heavy selling pressure for consecutive trading days after credit card giant Visa Inc unveiled plans to enter the market.
Delivery startup Rappi is partnering with Visa Inc to offer a prepaid card linked to its digital wallet in Brazil, expanding the product's rollout from Mexico and Colombia, where Rappi was founded, executives from the two companies told Reuters.
Visa Inc has launched a new network to help financial institutions process cross-border payments globally on behalf of corporate clients faster and at a lower operational cost, it said on Tuesday.
The European Union has accepted an offer by Visa and Mastercard to cut fees on payments made by tourists using cards issued outside the bloc to stave off fines and end an EU antitrust investigation.
Visa Inc reported higher expenses and lower spending by people using its cards abroad on Wednesday even as increased overall consumer spending drove quarterly profit 14 percent higher.
Visa Inc reported a 14.3 percent rise in quarterly profit on Wednesday, as more people swiped cards using the extensive network of the world's largest payment processor.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
Britain's Competition and Markets Authority on Friday said it was investigating Visa Inc's planned acquisition of payment company Earthport Plc to gauge if the deal would reduce competition in the country.
UK's competition watchdog said on Thursday it was considering assessing Visa Inc's planned takeover of payments firm Earthport Plc to see if the deal would result in less competition.
The United States is considering imposing financial sanctions that could prohibit Visa Inc , Mastercard Inc and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday.
Mastercard Inc said on Friday its offer window to buy payments firm Earthport Plc had lapsed, which potentially clears the way for rival Visa Inc to make a bid for the British company.
U.S. supermarket chain Kroger Co on Friday said its Smith's Food and Drug Stores division will stop accepting Visa Inc's credit cards, starting April 3, because of excessive transaction fees.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.