Key Takeaways Visa expands its Tap to Ride service to the entire Shanghai Metro after a successful Maglev pilot. The move allows international cardholders to tap Visa cards for seamless travel across 21 metro lines. This rollout can boost Visa's cross-border volumes and reinforce its footprint in China's payment market.Visa Inc. (V) , a world leader in digital payments, is set to launch its “Tap to Ride” service across the entire Shanghai Metro from June 28, following a successful pilot on the Shanghai Ma ...

Core Insights - Visa Inc. has extended its partnership with FIS to enhance payment capabilities for regional and community banks, aiming to empower smaller financial institutions with advanced technologies typically available to larger banks [1][10] - The integration of Visa's issuing solutions into the FIS ecosystem will enable smaller banks to offer features like digital wallet linking, fraud prevention, and stop payment services, enhancing customer experience without significant infrastructure costs [2][10] - Visa's proactive infrastructure initiatives position the company for long-term growth and support financial inclusion and innovation in the competitive global payment space [3][4] Financial Performance - In Q2 of fiscal 2025, Visa reported an 8% year-over-year increase in payment volume and a 9% rise in processed transactions [5][10] - Year-to-date, Visa shares have gained 9.5%, outperforming the industry growth of 2.6% [8]

Core Viewpoint - A federal judge has allowed the Justice Department's antitrust lawsuit against Visa to proceed, rejecting Visa's attempt to dismiss the case, which alleges that Visa stifles competition in the debit card market [1][2]. Group 1: Lawsuit Details - The Justice Department filed the antitrust lawsuit against Visa in September, claiming that Visa uses exclusionary contracts and anticompetitive practices to maintain its dominance in the debit card market, leading to higher fees for merchants and consumers [3]. - The lawsuit accuses Visa of entering contracts with merchants that require them to route nearly all debit transactions through its network, employing "cliff pricing" structures that penalize merchants for not meeting volume commitments, discouraging issuers from enabling competing networks, and paying potential competitors not to develop alternative debit products [4]. Group 2: Visa's Response - Visa's General Counsel, Julie Rottenberg, described the lawsuit as "meritless," arguing that the debit space is competitive with many companies offering various payment methods, and that Visa's network is chosen for its security, reliability, and fraud protection [5]. - PYMNTS CEO Karen Webster noted that the effectiveness of payment systems for consumers poses a challenge for Visa's competitors, emphasizing that innovation and consumer choice will ultimately determine payment methods [6].

Market Movements - US stock index futures are all up, with Dow futures rising by 0.63%, S&P 500 futures up by 0.81%, and Nasdaq futures increasing by 1.05% [1] - European indices also show positive movement, with Germany's DAX up by 1.83%, UK's FTSE 100 up by 0.33%, France's CAC40 up by 1.20%, and the Euro Stoxx 50 up by 1.40% [2][3] Oil Prices - WTI crude oil has decreased by 3.24%, trading at $66.29 per barrel, while Brent crude oil has fallen by 3.42%, priced at $68.11 per barrel [4][5] Federal Reserve and Economic Outlook - The drop in oil prices may open a window for interest rate cuts, as the easing Middle East tensions could accelerate the Federal Reserve's shift in July [5] - Federal Reserve Chairman Jerome Powell is set to testify before Congress, with key focus areas including interest rates, economic outlook, and the impact of Middle East tensions on the economy [6] Investment Sentiment - Tom Lee, a prominent investor, believes that the market's reaction to recent geopolitical events indicates a stronger performance for US stocks in the second half of the year [7] - Major US banks may benefit from potential regulatory changes that could ease capital requirements, providing them with more capital flexibility [7] Central Bank Trends - A survey by OMFIF indicates that 70% of central banks are hesitant to hold US dollars, with a growing interest in gold, euros, and renminbi [8][9] Company News - Chinese concept stocks are seeing pre-market gains, with New Oriental and Kingsoft Cloud rising nearly 5% [10] - Tesla's Robotaxi service is under investigation for potential traffic violations during its first day of operation [10] - Eli Lilly's experimental drug Bimagrumab shows promising results in weight loss while preserving muscle mass when combined with Wegovy [10] - Novo Nordisk has launched its weight loss drug Wegovy in India, pricing it competitively [11] - Starbucks has confirmed it is not considering a full sale of its China business despite media speculation [12] - Visa is actively exploring the stablecoin market as a new digital payment technology [12]

Berkshire Hathaway currently has dozens of different holdings in its vast $281 billion public equities portfolio. Some positions are huge, like Apple and American Express. These get a lot of the attention. Driving the war on cash Despite having a $657 billion market cap, Visa (V 1.65%) is just a tiny position in Berkshire's portfolio. Investors shouldn't let the small size take away from how outstanding of a business this is. One important reason why is because of a secular trend that has driven ongoing gro ...

Legislation is scaring investors out of the stock. Cryptocurrency is threatening Visa's (V 1.65%) business again in the form of stablecoins -- at least, that's today's narrative. The payments-network giant is down almost 10% from all-time highs, likely due to new stablecoin legislation that's working its way through Congress. Merchants and financial technology players are building acceptance of these cryptocurrencies as a way to pay for goods and services, perhaps circumventing Visa altogether. What are sta ...

在过去一段时间，稳定币主要用途是作为交易员们将资金转入和转出其他加密货币的渠道。但现在越来 越多的加密货币投资者乐观地认为，随着大力支持加密货币发展的特朗普重返白宫，稳定币不久之后可 能将在全球商业以及贸易体系中发挥更重要的作用，特别是作为跨境支付的稳定支付工具。 Visa遇上稳定币，乃天作之合? 有统计数据显示，自2020年以来，数字支付领军者Visa已促成价值近950亿美元的加密货币买入和逾250 亿美元的加密货币消费，该公司首席产品与战略官Jack Forestell 在最新的博文中写道。 智通财经APP获悉，全球数字支付领导者Visa(V.US)的产品业务主管表示，这家支付网络巨头在将稳定 币系统打造为新一代数字支付技术方面"才刚刚开始"发力布局，并表示与稳定币相关的市场规模将无比 广阔。随着美国监管破冰、华尔街金融巨头纷纷入局、高利息回报、稳定币发行商们利润接近大型商 业，以及与跨境支付痛点共振，稳定币发行商自今年以来热度持续飙升，吸引全球资金涌入，推动有 着"稳定币第一股"称号的Circle(CRCL.US)股价自登陆美股以来累涨逾700%。 稳定币是一种数字货币，通过锚定美元、欧元、黄金等核心储 ...

Visa defeated a proposed class action lawsuit that alleged that the company did not warn consumers that its prepaid Vanilla gift cards could be drained by thieves.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The ...

Every economic cycle brings about a popularity contest that many legendary investors discuss. The short-term behavior of financial markets often gravitates toward what’s popular and trending among various investment circles, and that usually spreads to the most unexpected areas, including industries and companies themselves. Today, it seems that the world of cryptocurrencies has taken that path, with companies now holding Bitcoin in their balance sheets as part of a completely unrelated strategy relative to ...

Key Takeaways Visa is expanding crypto efforts with stablecoin settlements and tokenized asset platform launches. V's $200M stablecoin settlement volume reflects growing adoption and cross-border transaction demand. Visa faces risks from crypto market volatility and ongoing global regulatory scrutiny.A global payment giant, Visa Inc. (V) , is increasing its focus on blockchain technology to bridge the gap between the worlds of traditional finance and decentralized currencies. The company has been increasi ...