Company
Visa Inc
NYSE:V
Visa Inc is a global payments technology company. The company provides digital payments across more than 200 countries and territories. Visa Inc connects consumers, merchants, financial institutions, businesses, strategic partners and government entities through technologies. The company operates through the payment services segment.
88 stories
UK payment regulator to review fees charged by Visa and Mastercard
Visa and Mastercard have increased some fees five-fold since the UK left the European Union
Will sanctions on Russia actually make a difference?
Sanctions, sanctions everywhere, but plenty of oil to sell
Visa, Mastercard, TikTok and Netflix join list of companies to suspend services in Russia
TikTok said it took the decision to ensure the safety of its users and staff in Russia
Visa and MasterCard block Russian institutions from their networks
The international community also imposed SWIFT sanctions over the weekend
China’s digital currency takes gold at Beijing Winter Olympics, report
e-CNY transactions are seemingly used more frequently than Visa ones at the games
UK and Australia finalise signing of trade deal
The deal is expected to unlock £10.4bn of additional trade, boosting the economy and increasing wages across the UK, the DTI said
Visa aims to take crypto mainstream
94% of 6000 people surveyed globally have some awareness of crypto, while almost a third have invested or used it as a form of exchange
Visa launches crypto consultancy as banks mull crypto-linked cards
18% people surveyed said they would likely switch banks to one that offered crypto-related services
Archive
CryptoPunk: what is it, what you need to know about VISA’s choice NFTs
Each CryptoPunk is a 10,000 pixel piece of digital art - they are among the most popular NFTs.
Visa sparks rush into CryptoPunk NFTs with US$150,000 buy
Visa bought CryptoPunk 7610, one of 3,840 female punks
Bitcoin higher as El Salvador legislature backs president’s plan to make crypto legal tender
The Central American nation's Legislative Assembly backed president Nayib Bukele's plans in a supermajority vote in a vote early on Wednesday, with the bill expected to be signed into law by Thursday morning
The problems with thematic ETFs
A column by Peter Sleep, senior investment manager at 7IM
Bitcoin trading scam lands Manchester man with half-million-dollar fine
The US District Court for the Southern District of New York has ordered Benjamin Reynolds to pay the fine after finding he had fraudulently solicited at least 22,190 Bitcoin, at the time valued at around US$143mln, from over 1,000 customers
Visa to accept cryptocurrency USDC for payments
Visa said it is the first major payments network to settle transactions in USD Coin (USDC)
Hardware & electrical equipment
Ipsidy realigns corporate organization, makes several management changes
Phillip Kumnick, who recently joined the Ipsidy board, will assume a new role as deputy chairman
Government and regulatory criticism means Facebook’s Libra could be dead on arrival
Trump, Fed chair Jerome Powell and now the US Congress have all turned their fire on the social media giant's planned digital currency, which is scheduled to launch next year
Bitcoin sinks over 10% as Powell calls for halt to Facebook’s Libra project
The Fed chairman said on Wednesday that the new cryptocurrency presented "serious concerns" around privacy, consumer protection and money laundering
Hardware & electrical equipment
Facebook unveils new Libra cryptocurrency
The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year
Bitcoin hits 12-month high as launch of Facebook cryptocurrency expected imminently
The social media giant is expected to launch its own cryptocurrency, known as Libra, on Tuesday
SafeCharge becomes latest payments processor to be snapped up as it accepts £700mln bid
Canada’s Nuvei has offered 436p for every SafeCharge share, which bosses have urged shareholders to accept
Watchdog waves through Earthport takeover by Visa
CMA said it had decided that the agreed acquisition “does not qualify for investigation”
MIDDAY MOVERS: ServiceNow soars after 4Q profit surprises to the upside; DowDuPont weighs down the Dow industrials
Charter Communications, Visa and United Parcel Service are also seeing intraday action
Investments and investor services
EARLY MOVERS: General Electric shares light up as latest quarterly revenue cheers, but Visa flops
Also in the frame in New York pre-market is United Parcel Service Inc and United States Steel Corp
Visa reports slight beat in EPS for fiscal 4Q and guides for revenue growth in 2019
Research brokerages reiterate Outperform rating for the company and set price targets ranging from $150 to $160
Investments and investor services
Uber IPO may be worth all-time record $120 billion, says Wall Street Journal
The offering could easily eclipse the record held by Alibaba when it listed in 2014
PRE-MARKET MOVERS: Tripadvisor shares travel lower after earnings miss, but glucose monitoring group Dexcom sweetens up
Also in the frame before the New York bell was Wayfair Inc and Kroger Co.
Morgan Stanley analysts are bullish on US bank stocks and other financial stocks
Rising interest rates, expense management and deregulation should help bank stocks, according to the analysts
Visa says UK consumers cut their spending by the most in over five years in March
On average, spending fell by 1.4% year on year over the first quarter, to mark the worst quarterly performance since the fourth quarter of 2012
S&P/ASX 200 closes 53 points down on weak global cues
S&P/ASX 200 opened lower as expected but slowly rallied throughout the day.
Investments and investor services
S&P/ASX 200 opens down but bounces above 5,800
S&P/ASX 200 opened lower as expected but has started to rally.
Visa's quarterly revenue beats forecasts but slower growth in coming months seen
Visa said it expects an increase in full-year expenses and slower revenue growth in the current quarter
Medical Cannabis Payment Solutions to accept bitcoin for legal pot purchases using its Green app
“The ability to process bitcoin will make us that much more attractive to marijuana establishments and, perhaps more importantly, their clients,” said CEO Jeremy Roberts
Visa plays its cards right in the third quarter
Visa saw strong growth across payments volume, cross-border volume and processed transactions
Microsoft, Visa, Capital One, Ebay- AFTER HOURS
We are covering all the movers and shakers in after hours trade in New York
Visa plans to offer incentives to UK firms to go cashless
Visa has said it wants to put "cash out of business"
Apple and Visa landed with electronic payments lawsuit
The company has claimed unspecified damages for the alleged infringements of patents for electronic payments and identity authentication technology
Solid week fizzles out
Markit's PMI releases for April poured cold water on sentiment and the week's gains were pared
FTSE 100 ends tough week on a flat note
Friday was a bit of a wash-out, with the Footsie ending little changed after a rough week
Time Warner AT&T tie up more likely, buoys broker view, Ford upgraded
Media group Time Warner shares were higher on Friday as brokers at Wedbush raised their price target on growing optimism that a deal to merge with telecoms behemoth AT&T will not get blocked by US President Donald Trump.
US stocks gain, financials lead on deregulation, Macy’s could have a Canadian owner
Financials led the gains on the benchmark S&P 500 on Friday after US President Donald Trump signed off on two executive actions to make good his promise to reform financial regulation
US shares end mixed in heavy earnings day
US shares closed mixed on Thursday after an earnings-heavy session and a deceleration in New York manufacturing activity
US shares close firmer after uneventful pre-holiday trading
US shares ended firmer on Friday after the lead tickers toggled with relatively flat positions throughout the session
Visa CEO departs and moves back to East Coast
Scharf lived in New York before he took the Visa job in 2012
US stocks gain, S&P 500 chalks best quarter since 2015
US stocks posted a strong gain on Friday and the S&P 500 bellwether marked its best quarterly close this year
Planet Payment surges after deepening ties with Visa
The deal marks a significant expansion of Planet Payment's partnership with the credit card giant.
Weak growth, subdued interest rates and another oil price slide hurt stocks
Bank stocks, fears for growth and subdued rates, and new oil price nadirs helped push Wall Street indices south on Thursday.
Wall Street rises more than 2% on Bank of Japan’s bold move
The BOJ cuts a benchmark rate below zero to stimulate the Japanese economy.
U.S. Risers & Fallers: Microsoft, Visa, MasterCard, Whirlpool, Amazon, Chevron, AbbVie
Below are some of the main news-driven share price changes as at 11:41 a.m. in New York.
M&A activity pushes back towards pre-crash highs
Deals on Monday took this year's M&A total above 2014
Archive
Wall Street rallies on spate of deal-making
A flurry of M&A provided many of Monday’s highlights.
Wall Street dealmakers in rude health, stocks rally
A flurry of M&A provided many of Monday’s highlights
Wall Street to start Monday positively, traders eye M&A
Visa, Dyax, Bristol-Myers Squibb, MedAssets, Coty and TreeHouse Foods are all involved in new deals
Visa consolidates with US$23bn buy of European arm
“We are very excited about unifying Visa into a single global company," said Visa CEO Charles Scharf.
Wall Street slides as biotech, commodities weigh; Biogen, TripAdvisor sink
U.S. stock indexes fell Friday as investors dumped shares of biotechnology companies after disappointing results from Biogen and as materials and energy stocks continued to lag. The S&P 500 (INDEXSP:.INX) slid 1.1 percent to 2,077.95 at
Wall Street poised to halt 3-day rout on strong earnings from Amazon, Visa, Starbucks
U.S. stock-index futures rose today after three straight days of losses as Amazon, Visa and Starbucks beat expectations. Nasdaq-100 futures rose 0.2 percent to 4,629. S&P 500 futures edged up 0.1 percent to 2,100, while those for the Do
Wall Street drops on fresh Greek drama, economic data; J.M. Smucker slumps
Wall Street fell today, pressured in part by fresh Greek drama and U.S. economic reports that helped make an interest-rate increase this year look more likely. The S&P 500 (INDEXSP:.INX) slipped 0.9 percent to 2,094.98 at 3:40 p.m. in N