Latest news with #VisaDirect
Finextra
22-05-2025
- Business
- Finextra
Banking Circle teams up with Visa Direct for global payments
Banking Circle S.A., the next-generation technology-led payments bank, today announced a strategic partnership with Visa, a global leader in digital payments. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The partnership provides Visa Direct with access to Banking Circle's extensive local clearing rails across the world, further strengthening the business's global payment reach for its customers. Visa Direct is one of the world's largest digital payment networks – connecting cards, currencies and markets across the globe. Through this new partnership, Visa Direct will leverage Banking Circle's single API technology to gain access to multiple direct and local clearing rails via a single, secure, and trusted provider. 'Our partnership with Visa Direct represents an important milestone in our firm's mission to increase speed, efficiency and reduce costs associated with cross-border transactions.' said Laust Bertelsen, CEO, Banking Circle S.A. 'Partnering with a business of Visa Direct's scale and stature as a payments industry leader reinforces the growth of Banking Circle's capabilities and highlights the trust in, and significance of our single API. This announcement is yet another example of the ways in which Banking Circle and its partners are helping international businesses with global scale access multiple clearing rails through one trusted partner.' Sandeep Gupta, Global Head of Network, Visa Direct, added: 'Visa Direct is at the forefront of money movement transformation, being a single point of entry for all solutions and capabilities. We are delighted to partner with Banking Circle and excited to utilise its single API technology, which will allow us to offer an enhanced service for our customers.'
Yahoo
15-05-2025
- Business
- Yahoo
Visa (NYSE:V) Expands Reach with Global Money Transfer Partnership
Visa experienced a price move of 6% over the last month, amid significant market momentum, where the broader market posted a 5% increase. Key developments during this period included Visa's collaboration with Euronet to enhance digital payout services through Visa Direct, potentially adding value to its market position. The partnership with Webull for faster fund transfers and Rain's stablecoin settlement initiative may have further bolstered investor confidence in Visa's innovative strides. These collaborations, along with a positive market climate, likely contributed to the overall positive sentiment driving Visa's share price performance. Buy, Hold or Sell Visa? View our complete analysis and fair value estimate and you decide. Find companies with promising cash flow potential yet trading below their fair value. Visa's recent collaborative strides, particularly with Euronet and Webull, are poised to align with the company's strategy to enhance global payment systems through tokenization and stablecoin settlements. These initiatives not only address security and efficiency but also bolster user engagement globally, potentially boosting revenue streams and reinforcing Visa's market position. Over the past five years, Visa's total shareholder return, including dividends, soared by 90.53%, illustrating robust performance in a competitive landscape. In the last year, Visa's earnings growth outpaced the US Diversified Financial industry, exhibiting an 8.5% increase against the industry's 7.9%. While the market saw a 10.6% rise, Visa also delivered relatively superior returns over the same period. Recent developments are likely to positively influence analysts' revenue and earnings forecasts. Analysts currently anticipate Visa's earnings to grow 11.01% annually, largely supported by increasing cross-border transactions and stablecoin innovations. At present, Visa's share price reflects an optimistic market sentiment, trading closely near consensus price targets. The share is at about US$347.70, with a price target of US$374.25, implying a modest potential upside of 7.1%. The relatively small gap between Visa's current share price and the price target suggests a consensus that the stock is fairly valued based on projected earnings and market positioning. Investors should consider this balance of optimistic innovation-driven growth against prevailing market risks and operational challenges. Unlock comprehensive insights into our analysis of Visa stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:V. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Finextra
13-05-2025
- Business
- Finextra
Are Customer Demands Higher Than Bank Capabilities?
Whilst attending the 2025 NextGen Nordics event, Patrik Havander, Head of Nordics & Baltics at Visa Direct, spoke to FinextraTV to address cross-border payments and the current disparity between customer expectations and bank capabilities. Alongside this, Havander explained how G20 directives and input from the Financial Stability Board show the way the world is evolving and how banks have had to rely on Fintech partnerships to keep up.
Yahoo
07-05-2025
- Business
- Yahoo
Visa pursues stablecoins for cross-border payments
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Visa is locking arms with a pack of fintechs as it pursues development of stablecoin payments for cross-border transactions. Over the past week, the largest U.S. card network disclosed working with digital payments upstart Stripe's stablecoin orchestration unit Bridge to enable payments in Latin America. It also struck up partnerships with stablecoin companies Baanx and Rain to facilitate disbursements, commerce and financial services. Stablecoins are cryptocurrencies tied to fixed values, like fiat currencies, and therefore they're considered a steadier store of value than crypto coins such as bitcoin. Stablecoins could be used in the massive remittances market, Richard Meszaros, Visa's head of cross border money movement, told attendees last week during a panel discussion at the Nacha Smarter Faster Payments conference in New Orleans. Remittances are used by individuals to send money mainly to family members and friends, and the U.S. is the biggest part of that market. Stablecoins might be used to reduce the costs of sending such payments and increase transparency with respect to exchange rates and fees. 'We do believe that (stablecoins present) significant opportunity for cross-border payments,' Meszaros said during the Wednesday discussion focused on cross-border transactions. Stablecoins could also be used by companies to pay employees, contractors or suppliers, among other possibilities. 'Visa, actually, has been working over the past two years on a cross-border settlement using stablecoins between an issuer and an acquirer, and that allows for 24-by-7 settlement, not beholden to a banking day,' Meszaros explained. 'It also allows for a kind of reconciliation and streamlining of the operational aspect of that payment.' San Francisco-based Visa isn't the only company that's seeking to tap stablecoins for cross-border purposes. Digital payments pioneer PayPal and card rival Mastercard also sees possibilities on that front. Visa has positioned itself to act as a network-of-networks, bridging domestic systems to provide cross-border payment services. Currently, its Visa Direct service reaches 14,500 financial institutions in about 200 countries and territories, processing about 630 million transactions each day, Meszaros said. As for expanding cross-border activity via stablecoins, 'regulatory clarity' remains a sticking point, as does the means to link such cryptocurrencies into the broader payments system, Meszaros said.
Yahoo
07-05-2025
- Business
- Yahoo
Is Visa Inc. (V) the Best Dow Stock?
We recently published a list of The Best and Worst Dow Stocks. In this article, we are going to take a look at where Visa Inc. (NYSE:V) stands against other Dow stocks. The Dow Jones Industrial Average is a benchmark index of the top 30 companies in the US. It represents the strength of the US economy and carries great historical significance as well. It also acts as a reference point for analysts and investors. However, not all stocks within this elite group of companies perform equally. While some thrive on innovation and economic boom, others struggle due to various setbacks and economic trends. We decided to break down the index and find out the best and worst stocks, looking at what was making them perform unexpectedly this year. Methodology In order to come up with our ranking of the best and worst Dow stocks, we first assigned a rank to each stock based on the number of hedge funds holding the stock. We then looked at the short interest in each stock and assigned the top rank to the company with the least short interest. We then combined the two ranks to see which stock was the best on average. The list is in ascending order, with the best stock taking the number one spot. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Is Visa Inc. (V) the Best Dow Stock? A close-up of a modern payments terminal with a pile of credit cards on the side. Visa Inc. (NYSE:V) Number of Hedge Fund Holders: 181 Short Interest as of Apr 30, 2025: 1.53% Visa Inc. (NYSE:V) is a payment technology company. It operates a transaction processing network, VisaNet. The company provides debit, credit, and prepaid card products, Visa B2B Connect, Visa Direct, Visa DPS, and Visa Cross-Border Solution. Despite economic headwinds that have impacted consumer spending, the firm delivered a solid performance. In Q1, it surpassed both revenue and EPS estimates. Visa's revenue growth was recorded at 10%, along with EPS growth of 14%. This growth was fueled by robust consumer spending for the holidays. As a result of the increased consumer spending, payment volumes grew by 9%. Visa Inc. (NYSE:V) announced its Q2 earnings last week. A 9% topline growth and a 10% EPS growth mean the company continues its growth story. In the next quarter, things look even better with a low-double-digit revenue growth powering a high-teens growth in the bottom line! Clearly, these are good times to be a Visa investor.
