Visa

Visa and Plaid have terminated their tie-up and reached an agreement with the Department of Justice to dismiss the litigation brought against them when the deal raised antitrust questions.

The year — and the coronavirus pandemic — caused a dramatic shift in attitude. Many consumers and merchants now saw contactless cards and mobile payments as a way to move ahead without the germ fears that come with touching cash and PIN pads. And even after those fears subsided, the new habits stuck around.

Visa is accepting card payments again on certain adult entertainment websites owned by Pornhub parent MindGeek, while continuing to block payments to Pornhub itself.

Cross-border online payment service provider PrimeiroPay is partnering with Visa payment management platform CyberSource to open high-growth Latin America markets to merchants seeking access to those regions.

During his 18-year run at Visa driving innovation and strategic partnerships, one of Jim McCarthy’s frustrations was seeing how long it sometimes takes for financial institutions and issuers to embrace new technology.

Mastercard said it won’t allow its cards to be used on Pornhub.com after the network’s review of the website uncovered unlawful content, and rival Visa is suspending acceptance of its cards on the site pending completion of its own investigation.

The incoming Biden administration must take steps to block mergers that could create monopolies, such as Visa's pending acquisition of a competitor.

Fidelity Digital Assets will allow its institutional customers to pledge bitcoin as collateral against cash loans in a partnership with blockchain startup BlockFi.

Michael Moeser, senior analyst at PaymentsSource, talks to Cecilia Frew, senior vice president of Visa Direct at Visa, about the demands driving digital payments throughout the year.

The card brands are reviewing ties to MindGeek after a New York Times column accused the parent of the Pornhub.com website of distributing videos depicting child abuse and nonconsensual violence.