Visa

U.S. regulators blocked the card network's attempt to buy Plaid last year for antitrust reasons. Its bid to acquire Tink, a similar company based in Sweden, may have a better shot given European officials' desire to promote open banking.

Visa Inc. has agreed to buy Swedish open-banking platform Tink AB as the payment giant looks to expand beyond its card network.

The bank and card brand will combine digital connections for supply chain finance and corporate disbursements.

The card network's Fintech Partner Connect, which was previously available only in Europe, provides a curated list of companies that Visa clients, including banks, can consult for help opening accounts or aggregating customer data.

Small businesses are upset at Visa and Mastercard's proposal to raise rates on cross-border payments initiated online, now that the European Commission's caps on credit and debit fees no longer apply in the U.K.

Days after Visa touted its crypto tech and settlement partnership with USD Coin, Mastercard showcased its work with the Central Bank of the Bahamas and supporting innovation such as digital ID.

Days after Visa touted its crypto tech and settlement partnership with USD Coin, Mastercard showcased its work with the Central Bank of the Bahamas and supporting innovation such as digital ID.

CEO Al Kelly sees strong potential in central bank digital currencies and other virtual assets.

CEO Al Kelly sees strong potential in central bank digital currencies and other virtual assets.

The unfortunate reality for merchants and their customers is that swipe fees have continued to increase because the payment card market is broken, says payments consultant Mark Horwedel.