Tag: visa

Visa
June 08, 2021 BY Steffy Bogdanova

Visa teams up with Goldman Sachs to improve global payments

Alan Koenigsberg, global head of new payment flows, Visa Business Solutions said: There is an immediate need for modernization of global money movement to help businesses around the world simplify and enhance how they pay and get paid across borders. Visa’s partnership with Goldman Sachs Transaction Banking is an important milestone in our efforts to…

Read more
Forex Weekly Look Back
April 02, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: FXCM adds social and copy trading via ZuluTrade, ASIC bans binary options and restricts CFDs trading

The Financial Conduct Authority (FCA) released a new policy statement on its website announcing that all UK crypto firms must now submit financial crime reports on a yearly basis, regardless of annual revenue. Within the new financial crimes reporting sphere are cryptoasset business, following plans released eight months ago alluding to the policy change. The…

Read more
technology partnership
March 29, 2021 BY Steffy Bogdanova

Visa joins forces with Crypto.com to enable fiat transaction settlement on Ethereum

Jack Forestell, executive vice president and chief product officer, Visa, commented: Crypto-native fintechs want partners who understand their business and the complexities of digital currency form factors. The announcement today marks a major milestone in our ability to address the needs of fintechs managing their business in a stablecoin or cryptocurrency, and it’s really an…

Read more
TransferWise and Visa Announce global partnership
January 27, 2021 BY Steffy Bogdanova

TransferWise and Visa announce global partnership

Jack Forestell, executive vice president and chief product officer, Visa said: The TransferWise team came to us last year with a challenge: enable the global rollout of their debit card program, and do it entirely in the cloud. It was an exciting opportunity for us to partner with TransferWise and show how we’re thinking and…

Read more
acquisition
October 28, 2020 BY Steffy Bogdanova

Visa signs a deal to acquire fintech YellowPepper

YellowPepper will assist with easing the integration to Visa Direct, the real-time push payments platform Visa B2B Connect, Visa’s non-card-based payment cross-border B2B network and value added services. This will expand the digital products and services, provide safe experiences for the ecosystem and grow new flow volumes and transactions. The combination of Visa Direct capabilities…

Read more
forex and crypto market analysis
July 28, 2020 BY Valentina Kirilova

Daily Market News: New restrictions in place but vaccine prospects enter final stage trials

Airline stocks hit by quarantine news London-listed stocks started the week in the red, with the travel sector taking the market lower after the British government introduced a 14-day quarantine for travellers coming in from Spain.  In the FTSE 100, International Consolidated Airlines Group (IAG) fell 5.9% and Intercontinental Hotels Group closed 4% down. In…

Read more
Visa and Mastercard support the use of cryptocurrencies in the financial services industry
July 27, 2020 BY Steffy Bogdanova

Visa and Mastercard support the use of cryptocurrencies in the financial services industry

Mastercard has also supported blockchain technology and cryptocurrency through its new programme aiming to increase its partner base for crypto payment cards. Visa and Mastercard were both initially partners of the cryptocurrency project of Facebook, Libra. They both pulled away from it but have not stopped supporting the use cryptocurrencies. In the end of May,…

Read more
May 26, 2020 BY Steffy Bogdanova

Eidoo and Visa team up to bring new Visa crypto debit card

Eidoo’s card will be allow storage of two cryptocurrencies, Bitcoin and Ethereum, as well as fiat funds. Contis as a principal member of Visa Europe and holder of a UK e-money license will act as the issuer of the Eidoo Card. The new card will utilize regulated stablecoins for crypto-to-fiat conversion from UK financial firm…

Read more