Visa U.S.A. has become one of the principal owners of Integrion Financial Network, along with Bank of America Corp., Bank One Corp., and Washington Mutual Inc.

By increasing its capital investment in Integrion, Visa gained the right to vote on decisions concerning the direction of the home banking consortium. The amount of the investment was not disclosed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.