Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from Visa took note of the rise of alternative payment systems as money flows across...
Visa’s fiscal first quarter results pointed to continued growth in consumer spending — particularly on travel — though growth rates are slowing. Management, however, noted that growth rates in new payments flows and value-added services are outpacing the transaction growth seen in credit and debit...
Visa posted results after the markets closed Tuesday (Oct. 24) that showed a continued enthusiasm for Tap to Pay transactions in in-store settings across the globe. Earnings materials revealed that global payments volume grew 9%, while U.S. payments volume grew 6%. International payments volume grew...
Visa Vice Chair and Chief Financial Officer (CFO) Vasant Prabhu will retire on Sept. 30. The firm said in a Thursday (Feb. 16) press release that Prabhu will help Visa search for and onboard his replacement, ensuring a smooth transition before he steps down. “I...
February 02, 2024
Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of earnings results from Mastercard and from Visa took note of the rise of alternative payment systems as money flows across borders, digital channels and emerging use cases. To be sure, […]
February 16, 2023
Visa Vice Chair and Chief Financial Officer (CFO) Vasant Prabhu will retire on Sept. 30. The firm said in a Thursday (Feb. 16) press release that Prabhu will help Visa...
November 30, 2022
Ukraine has awarded its Peace Prize to Visa president and future CEO Ryan McInerney. “Visa is one of the first companies [that] suspended operations in Russia back in March,” Ukrainian...
November 17, 2022
Visa has announced that the company’s long-serving president, Ryan McInerney, will become CEO as of Feb. 1, with current CEO Alfred F. Kelly, Jr. transitioning to the executive chairman’s role....
