Articles from Visa Inc.

Visa (NYSEV) today announced its fiscal first quarter 2025 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

In response to the Los Angeles Wildfires, Visa Foundation announced a $2 million donation to support fire aid efforts in its home state of California. By supporting FireAid, Visa Foundation has the opportunity to not only support relief efforts but also help amplify the human spirit through music, community and shared purpose.

Visa (NYSEV) will report its fiscal first quarter 2025 financial results on Thursday, January 30, 2025. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents.

Visa, a global leader in digital payments, today announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the overall holiday retail spend in the U.S. increased 4.8% year over year. This is across all forms of payment, including cash and check and is not adjusted for inflation.

Visa (NYSEV) today announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security for its customers and consumers worldwide.

Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year.1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by fraudsters.2

Visa, a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1.

Visa (NYSEV) today announced its participation in the following investor conference.

For years, the card didn’t change. Built for an analog world, one card for one type, debit or credit. The Visa Flexible Credential has fundamentally changed that, allowing people to pay from different account funding sources with a single card. Today, Visa (V: NYSE) announced that the Flexible Credential is expanding to the U.S. and will be rolling out with Affirm, and in the United Arab Emirates with Liv, giving millions more people greater choice and control over how they pay.

At the opening session of Web Summit in Lisbon, Portugal, Visa unveiled significant commitments to digital creators. Acknowledging the impact of creators on the digital economy, Visa officially recognized creators as small businesses. Today, creators can easily and securely pay and be paid with Visa’s financial tools, resources and products made available to small businesses worldwide.

Visa (NYSEV), a world leader in digital payments, today announced a partnership with Coinbase, a trusted place to buy, sell, and manage crypto. This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time1, reliable, and secure money movement. By integrating with the Visa Direct network, Coinbase customers will be able to deposit funds into their Coinbase account in real-time1 using eligible Visa debit cards.

Visa (NYSEV) today announced its fiscal fourth quarter and full-year 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

Visa (NYSEV), a global leader in digital payments, announced new capabilities that enable frictionless, provisioned virtual card push-to-wallet experiences. Users can now seamlessly push virtual cards to mobile wallet ecosystems including Apple Pay and Google Pay, with control and security that allows for precise spending limits and monitoring of transactions, thereby minimizing the risk of fraud and unauthorized expenditures.

Visa (NYSEV), a world leader in digital payments, today announced it is working jointly with the United States Agency for International Development (USAID) to improve access to open, secure, and inclusive digital government systems across the world.

Visa (NYSEV), a global leader in digital payments, announced the findings from its second annual global Growth Corporates Working Capital Index. The findings revealed an astounding increase in working capital usage and efficiency, with an 81% adoption rate of at least one working capital solution in 2024. Beyond increased adoption, top-performing companies1 saved an average of $11 million in interest and fees – a YoY efficiency increase of 300%.

Visa (NYSEV), a global leader in digital payments, today announced that it has entered into a new strategic partnership with Analytic Partners, a global analytics solution provider. Together, Visa and Analytic Partners plan to address commercial challenges faced by merchants and brands, including improving the return on advertising investments, with value-enhancing AI-driven data analytics.

Visa (NYSEV) will report its fiscal fourth quarter and full year 2024 financial results on Tuesday, October 29, 2024. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents.

Visa (NYSEV), a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through the Visa Tokenized Asset Platform (VTAP), a new product designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks. The VTAP solution is available on the Visa Developer Platform for participating financial institution partners, to create and experiment with their own fiat-backed tokens in a VTAP sandbox.

Visa (NYSEV), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of commercial payment solutions, complementary capabilities and integrations into a range of fintech services, making it easier for them to manage their commercial payments.

Visa (NYSEV) today announced it has signed a definitive agreement to acquire Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. The acquisition of Featurespace will complement and strengthen Visa’s portfolio of fraud detection and risk-scoring solutions used by clients around the world to grow and protect their businesses.

Visa (NYSEV), a world leader in digital payments, today announced the launch of its Money Movement Advisory Practice in the United States and Canada. The new value-added service, offered by Visa Consulting & Analytics (VCA), the payments consulting advisory arm of Visa, focuses on helping clients and partners navigate the increasingly sophisticated money movement industry and capture opportunities that are estimated at $200T1 globally.

Visa (NYSEV) today announced its participation in the following investor conferences.

Please replace the release dated Aug. 12, 2024 with the following corrected version due to updated data.

Visa (NYSEV), the Official Payment Technology Partner of the Olympic and Paralympic Games, today shared new data revealing initial consumer spending patterns during the kickoff of the 2024 Paris Games.

Visa (NYSEV) today announced its fiscal third quarter 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

With the Opening Ceremony in Paris about two weeks away, Visa (NYSEV), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, today announced its final roster of 147 Team Visa athletes for Paris 2024. Visa also shares ways to connect fans to the spirit of Paris 2024, both for those in attendance and those who want to participate at home.

Visa (NYSEV) and HSBC (LON: HSBA) today announced the technological collaboration in support of HSBC Group’s new international payments app, Zing. Zing enables users to hold funds in over 10 different currencies, send over 30 currencies, transact in over 200 countries and territories worldwide, all managed through a single app and smart multi-currency card. The app successfully launched in the U.K. in January 2024 and will expand to additional markets in the near future.

Visa (NYSEV) will report its fiscal third quarter 2024 financial results on Tuesday, July 23, 2024. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents.

Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases. This convenient payment option is now available and enables eligible consumers to convert their purchases into smaller, fixed payments made over a defined period.

Digital wallets have become an essential part of the travel experience for many, with 74% of U.S. travelers now using them on their trips1. Kicking off the summer travel season, Visa (NYSEV), a global leader in digital payments, today announced its Digital Emergency Card Replacement, a new service that promptly delivers a digital card replacement on behalf of card issuers via text or email. Once received, cardholders can authenticate and add the new card into their digital wallet, offering a convenient, fast and secure solution that helps enhance travel experiences and boost issuer customer satisfaction.

Visa Inc. (NYSEV) today announced the relaunch of Visa SavingsEdge, aimed at delivering greater value to small businesses (SMBs) across the United States and Canada. For more than a decade, Visa SavingsEdge has provided eligible Small Business cardholders with the savings, tools and resources to help them grow. The latest enhancements introduce a more dynamic platform with new offerings and features designed to support smarter spending and saving.

Standing at the intersection of art, culture and sports, Visa, a global leader in digital payments, announced a new brand film featuring cultural icons, world class athletes and artists that embody the brand and the brand position, “Prodigies.” This fresh campaign starts with their initial hopes and dreams, covering the hard work and challenges faced on their path to becoming the best in their respective fields, long before they were recognized as accomplished stars. The campaign serves as a tribute to the power of small steps to move you forward, resonating with anyone striving to achieve their goals.

While remittances are a lifeline for millions of migrant workers and their families, Visa’s annual “Money Travels: 2024 Digital Remittances Adoption” research report found that humanitarian assistance was a predominant driver of remittance usage on the send side, with many noting that it was important to support the lives of people in need, amid worldwide events.

Visa today announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion1 in incremental ecommerce revenue for businesses globally and saved $650 million2 in fraud in the last year. Visa also announced it has issued more than 10 billion tokens since the technology’s launch in 2014.

The way people pay and get paid has changed more in the past five years than in the last 50. Consumers have evolved, adapting to new payment experiences – from the advent of embedded, digital commerce to the rapid adoption of “the tap.” Today at the annual Visa Payments Forum in San Francisco, Visa (NYSEV) unveiled new products and services that will revolutionize the card and address the future needs of businesses, merchants and consumers and the financial institutions that serve them.

Visa, a global leader in digital payments, will connect music, art and culture by taking over the Cour Carrée of the Louvre Museum for a unique show called “Visa Live at le Louvre.” Post Malone will headline the first-of-its-kind performance, also featuring a diverse group of superstars from around the globe. This unprecedented performance will take place on May 28, 2024 at 7:30PM local time, and will be the first global IRL concert streamed exclusively on Roblox at 9PM local time/3PM EDT.

Threat actors are leveraging sophisticated technologies, like automated scripts and botnets, to amplify their card testing attacks, allowing them to exploit vulnerabilities at an unprecedented scale and speed. These attacks, known as enumeration attacks, inflict operational expenses and $1.1B annually in fraud losses,1 accounting for a significant portion of global fraud. To combat this threat, today, Visa (NYSEV), a leader in digital payments, announced updates to its Visa Account Attack Intelligence (VAAI) offering with the addition of the VAAI Score, a new tool that uses generative AI components to identify and score enumeration attacks. The VAAI Score, which will be available to U.S. issuers first, will help reduce fraud and operational losses by assigning each transaction with a risk score in real time to detect and prevent enumeration attacks in card-not-present (CNP) transactions.

Visa Inc. (NYSEV) and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network.

Visa (NYSEV) today announced that its Exchange Offer for Class B‑1 common stock expired on May 3, 2024. The Exchange Offer allowed each participating holder of Class B‑1 common stock to exchange their shares of Class B‑1 common stock for a combination of Visa’s Class B‑2 common stock, Visa’s Class C common stock and, where applicable, cash in lieu of fractional shares.

Visa (NYSEV) today announced its participation in the following investor conferences.

Visa (NYSEV), a world leader in global digital payments, announced today it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to build solutions and services for customers. Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select Visa services more efficiently.

Visa (NYSEV) today announced its fiscal second quarter 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

With a new fast-growing segment of ‘Click-and-Mortar™, shoppers who rely on digital features to shop both online and in-store1, merchants are managing complex technology as they work to provide consistent payment experiences. Visa (NYSEV), a global leader in digital payments, is offering sellers expansive, simplified services to keep pace with those demands.

Visa (NYSEV) today commenced its previously announced initial Exchange Offer for any and all outstanding shares of its Class B-1 common stock for a combination of Visa’s Class B-2 common stock, Visa’s Class C common stock and, where applicable, cash in lieu of fractional shares.

Visa (NYSEV) will report its fiscal second quarter 2024 financial results on Tuesday, April 23, 2024. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents.

The global subscription market is on a steady rise, expected to reach a staggering $406B by 20251. As the trend of consumers subscribing to services in sectors such as retail, food and more increases, so does the challenge of managing their payments. Recognizing this, Visa (NYSEV), a world leader in digital payments, today announced the launch of Subscription Manager, a new, all-in-one service for financial institutions to provide Visa cardholders with a simple, convenient way to track their subscriptions, all from the palm of their hands.

Bay FC, the new women’s professional soccer franchise representing the Bay Area in the National Women’s Soccer League (NWSL), today announced Visa, a world leader in digital payments, as a Founding Partner. Visa is the team’s Official Payment Services Partner, and the Visa logo will be featured on the right sleeve of Bay FC players’ jerseys. Core to the partnership will be direct financial investment in local youth and Bay FC current players, putting an emphasis on financial equity, leadership and education, and improving communities throughout the Bay Area.

Today, Visa (NYSEV), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions both on and off Visa’s network.

After nearly 20 years of litigation, Visa (NYSEV) today announced it has agreed to a landmark settlement with U.S. merchants, more than 90 percent of which are small businesses, lowering credit interchange rates and capping those rates into 2030. The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments.

Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in the payments’ ecosystem: humans.

Today, Visa Foundation released its inaugural Impact Report, capturing six years of grant making and impact investing since its founding. As Visa’s corporate foundation, Visa Foundation partners with local organizations to invest in primarily women-owned small- and micro-businesses (SMBs), creating ripple effects for the entrepreneurs and their employees, and the customers and communities they serve. The Impact Report shows the effect Visa Foundation has had in partnering with grantees and investees that support over four million SMBs in 60 countries, more than one million jobs and more than $2 billion of capital invested in local communities around the world, reinforcing its goal to uplift everyone, everywhere through the power of economic mobility.

Visa (NYSEV), a global leader in digital payments, and Taulia, an SAP company, and a leading provider of working capital management solutions, have announced a new partnership to make embedded finance accessible to businesses worldwide. The collaboration will incorporate Visa’s digital payments technology into Taulia Virtual Cards, a solution that integrates with SAP enterprise resource planning (ERP) solutions and business applications for a seamless and streamlined payments experience for buyers and suppliers.

Today, Visa (NYSEV) announced a 7-year agreement with Western Union NYSE: WUNYSEWU)

Today, Visa (NYSEV), a leading global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere. This five-year initiative aims to advance digital financial inclusion for 20 million individuals, including women, small holder farmers (SHF), and nano, micro and small enterprise (NMSE) owners across low- and middle-income countries in Africa, Asia and Latin America.

Visa Inc. (NYSEV) today announced its participation in the following investor conferences.

Visa (NYSEV), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.

Visa Inc. (NYSEV) today announced its fiscal first quarter 2024 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

The Formula One grid is charging into the 2024 season with a new look and new support. Today, Red Bull F1 Teams and Visa (NYSEV) announced an unprecedented multi-year agreement where Visa will become the first global partner of both Red Bull F1 teams, bringing a new look team to the F1 grid in the form of Visa Cash App RB, formerly Scuderia AlphaTauri.

Visa (NYSEV) today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform.

Visa Inc. (NYSEV) will report its fiscal first quarter 2024 financial results on Thursday, January 25, 2024. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents.

Visa (NYSEV), a world leader in digital payments, today announced the launch of the Visa Web3 Loyalty Engagement Solution. The new value-added service ushers in the future of customer engagement and loyalty, helping brands meet next-generation customers where they increasingly are – in digital and virtual worlds – through immersive programs like gamified giveaways, augmented reality treasure hunts, and new ways to earn and burn loyalty points.

In today’s evolving payments landscape, fintechs of all shapes and sizes are seeking to carve out their unique niche. Fintech builders need ways to differentiate their offerings – and embedding payment capabilities has proven to be a successful strategy for speeding up transactions. Recognizing this, Visa is expanding its Fintech Fast Track program beyond card issuance to connect members to Visa’s real-time1 money movement platform, Visa Direct. Additionally, Visa Consulting & Analytics has developed capabilities to support key needs of Fintech Fast Track partners.

Visa (NYSEV), a global leader in payments, today announced the commercial launch of Visa Provisioning Intelligence (VPI), an AI-based product designed to combat token fraud at its source. Available as a value-added service for clients, VPI uses machine learning to rate the likelihood of fraud for token provisioning requests, helping financial institutions prevent fraud in a targeted way and enable more seamless and secure transactions for Visa cardholders.

During the 28th United Nations Climate Change Conference (COP28), Visa (NYSEV), a global leader in digital payments, and Oxfam America, a part of the global Oxfam organization fighting inequality to end poverty and injustice, announced intent to collaborate to scale Oxfam’s Building Resilient, Adaptive and Disaster-Ready Communities (B-READY) project to deliver real-time streamlined money movement and relief payments to individuals and businesses in the Philippines, Kenya, Colombia, and Puerto Rico.

Today Visa (NYSEV) announced the results of its 2023 U.S. edition of the Visa Global Travel Intentions Study, revealing emerging trends in consumer behaviors and preferences for outbound and inbound cross-border travel. Travel has surged post-COVID and there are no signs of retreating, despite rising costs. According to U.S. Travel Association’s recent Travel Price Index1, travel costs have increased 4.4%, and while most Americans surveyed by Visa (73%) notice an increase in costs, only 6% of travelers plan to cancel or delay their plans.

Today, Visa Inc., a world leader in digital payments, revealed its Holiday Edition Threats Report, which anticipates heightened scam activity during the holiday season across both card-present (CP) and card-not-present (CNP) transactions. The new report identifies popular fraud tactics expected between November 2023 and January 2024 due to the rapid increase in eCommerce activities and in-person spending across retail and hospitality. Visa, today, also unveiled its list of top 10 habits consumers can follow to practice safe and secure shopping.

Visa (NYSEV) and Visa Foundation today made several announcements related to their ongoing commitment to support small and micro businesses (SMBs) across APEC and the world. First, Visa Foundation is pledging $100 million to support underserved and women-led SMBs in APEC economies over five years. Visa announced it has exceeded its three-year goal of digitally enabling 50 million SMBs globally by June 2023 and has now helped nearly 67 million SMBs. To deepen its support for global SMBs, Visa launched a new initiative to further accelerate digital enablement of underserved SMBs in the United States and developing economies with an initial focus on APEC economies including Indonesia, Mexico, Peru, Philippines, and Vietnam. Visa and Visa Foundation made these announcements as part of the Asia Pacific Economic Cooperation (APEC) Forum Economic Leaders and CEO Summit hosted by the United States in the City of San Francisco.

Visa Inc. (NYSEV) today announced its participation in the following investor conference.

Today, Visa (NYSEV), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, unveiled the current list of 117 athletes joining Team Visa for Paris 2024. The 2024 class is the largest group of Olympic and Paralympic athletes and hopefuls in the program's history and the most diverse, representing more than 60 markets and 40 sports including new addition Breaking.

Visa (NYSEV), a world leader in digital payments, today announced the launch of its AI Advisory Practice. The new value-added service, offered by Visa Consulting & Analytics (VCA), the payments consulting arm of Visa, focuses on providing actionable insights and recommendations to empower clients to unlock the potential of AI and utilize generative AI.

Visa (NYSEV), a leading global payments technology company, today announced the launch of the Visa Payments Learning Program designed to upskill employees, students, clients and military talent through training courses and certifications to support a sustainable and diverse talent pipeline. The initial focus of this program is centered around payments cybersecurity, created in response to the White House National Cybersecurity Strategy Implementation Plan that calls on business to heighten pathways for individuals to get into cybersecurity as the call for skilled cyber professionals continues to increase.

Visa Inc. (NYSEV) today announced impactful Instant Savings offers for small businesses (SMBs) across North America, comprised of industry-leading tools and resources aimed at enabling small businesses to grow and meet the expectations of their customers. Through the Visa SavingsEdge™ website, eligible Visa Small Business cardholders can unlock savings and discounts on business-related services and goods, including offers from Dropbox, Microsoft and Verizon.

Visa Inc. (NYSEV) today announced its fiscal fourth quarter and full year 2023 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx.

Visa (NYSEV), a global leader in payments, today announced the forthcoming pilot launch of Visa AR Manager, a new home-grown innovation that will reduce the friction commercial merchants experience with virtual card acceptance. This solution, which will be available for limited pilot in November, reinforces Visa’s commitment to delivering a seamless digital payment experience for issuers and suppliers alike – and it further expands offerings designed to support the commercial B2B community.

Visa (NYSEV) today announced that Alfred F. Kelly, Jr. will retire as Chairman and a member of Visa’s Board of Directors on January 23, 2024. He will remain at the company as Senior Advisor until February 15, 2024, when he will retire from Visa. The company also announced the Board’s intention to name Lead Independent Director, John F. Lundgren, Chair of the Board subject to his reelection at Visa’s annual meeting of stockholders in January 2024.