Visa

German bank says the $220 million settlement closes the book on its Libor-related misdeeds; reopening mandatory arbitration could backfire on banks.

As Visa continues its long reintegration of Visa Europe, the card brand is tackling the continent's changing regulatory environment — and is sending its top executive overseas to address its needs.

The move creates more room for developers to work on new payment types and build additional use cases.

As incidents such as the Equifax breach create more urgency to move beyond static identifiers and authentication methods, Visa is getting aggressive about pushing dynamic tools to vet and shield identity.

In a surprise move, the Supreme Court will decide whether Amex may bar merchants from steering customers to less expensive card networks. The card issuer will have to prove the consumer gain from its practices outweighs the merchant pain.

Same-day ACH debits rolled out last month, a year after same-day credits, cutting processing time for these payments from a couple of days to a few hours — but for many emerging use cases, that’s not fast enough. And debit is filling the void.

Competition between card networks, tech titans Facebook and Google, Chinese fintech proxies Paytm and Hike, and M-Pesa will be fierce, and offer signs how other large emerging payments markets may evolve, writes Eric Grover, a principal at Intrepid Ventures.

The slow and difficult EMV migration has slowed major adoption of contactless cards, but there are signs that momentum may be turning around.

As long as we can create enough trust between the parties involved in a payment transaction, the system works, writes Francis Limousy, principal adviser for UL Transaction Security Advisory Services.

The internet wasn't built to accommodate identity, which challenges initiatives to balance security with user efficiency.

Companies behind the most popular U.S. credit cards said they are severing ties with extremist organizations that incite violence after they came under pressure to stop providing ways for white supremacists groups to raise funds.

Mastercard and Visa have also opened development centers in India, where digital payments are growing quickly.

Visa's recent leading of a $25 million investment round in Marqeta is an unusual move for the card network, which has most recently focused its investments in merchant acquiring technology companies.

New entrants don’t pose a disruptive threat to the incumbent cohort of issuers, credit card networks and acquirers primarily because the incumbents — Visa, Mastercard and First Data — are prepared to compete in all segments of the market.

Cash and checks are still the most transparent and predictable form of payment for grocers, writes Mark Horwedel, CEO of the Merchant Advisory Group.

Visa has led a $25 million investment round in open card issuing platform Marqeta, and the two companies will collaborate on consumer and commercial payment projects.

The incumbents, such as Visa, Mastercard and First Data, are prepared to compete in all segments of the market, writes Subhajit Das, a visiting research fellow at the Christensen Institute from Tata Consultancy Services.

Visa is developing its first international transaction processing centers — one in the U.K. and one in Singapore — on the heels of other moves to accelerate digital payments growth globally.

Visa’s efforts to expand its mobile payments service mVisa in developing nations reached a milestone this month in Nigeria, the first country where banks are enabling cross-border payments with the QR code-based mVisa technology.

Visa has extended partnerships with PayPal in the U.S. and Asia to Europe to encourage digital payments. The strategy has helped boost the card network's earnings.