Payment processing juggernaut Visa Inc. (V) introduced a new product called the Visa Tokenized Asset Platform (VTAP), which enables banks to issue and manage fiat-backed tokens (like stablecoins) on blockchain networks. This new platform is part of the company's broader strategy to integrate traditional finance with blockchain technology. Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) , a major bank, is already working with Visa on testing this solution, planning to run live pilots on the public Ethereum bloc ...

The Federal Reserve's September meeting brought about a 50-basis-point cut to the federal funds rate, the first time the rate has been lowered since 2020. This provides immediate relief to customers looking to take out a mortgage to buy a home and businesses interested in securing a loan to fund their operations, among others.The impact on the nation's credit card users is less clear. Across the U.S., household debt as of the second quarter reached an astonishing $17.8 trillion, $1.14 trillion of which is i ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Visa (V) .Visa currently has an average brokerage recommendation (ABR) of 1.45, on a scale of 1 ...

Parkev Tatevosian, CFA has positions in Visa. The Motley Fool has positions in and recommends Visa. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

SAN FRANCISCO - FEBRUARY 25: Visa credit cards are arranged on a desk February 25, 2008 in San ... [+] Francisco, California. Visa Inc. is hoping that its initial public offering could raise up to $19 billion and becoming the largest IPO in U.S. history. (Photo Illustration by Justin Sullivan/Getty Images)Getty Images“We don’t take American Express.” Those five words kept coming to mind last week while reading about the Department of Justice’s (DOJ) antitrust case again Visa.To which some will reply that th ...

Visa is facing a class action lawsuit from merchants connected to its debit network.The suit accused Visa of anticompetitive behavior related to its debit card network, and was filed in federal court Tuesday (Oct. 1). It comes a little more than a week after the company was hit by an antitrust suit by the U.S. Department of Justice (DOJ).“Visa dominates the debit network market, and it has engaged in unlawful conduct that has artificially raised the price of those fees beyond what they would be in a more co ...

Visa (V) closed the latest trading day at $277.60, indicating a +0.96% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.93%. On the other hand, the Dow registered a loss of 0.41%, and the technology-centric Nasdaq decreased by 1.53%.Coming into today, shares of the global payments processor had lost 0.51% in the past month. In that same time, the Business Services sector gained 1.6%, while the S&P 500 gained 2.17%.Market participants will be closely foll ...

Visa Inc. (V) recently inked a deal to acquire Featurespace, an AI-driven payments protection firm. Featurespace has made waves in the payments industry with its advanced algorithmic solutions capable of analyzing transaction data and identifying even the most elusive forms of fraud. This acquisition would enhance Visa's risk-scoring and fraud-detection solutions for clients globally. This move bodes well for Visa as it will be able to better cater to its client's complex challenges, leveraging Featurespace ...

NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Visa Inc. (NYSE: V) resulting from allegations that Visa may have issued materially misleading business information to the investing public. So What: If you purchased Visa securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm i ...

I'm an individual investor looking to grow my wealth over the long term. I've tried many different styles of investing over the last 25 years and have found that buying dividend growth stocks and reinvesting the dividends is one of the easiest ways to grow wealth over the long term. Over the years, I've owned stocks, options, ETFs, treasury notes, and mutual funds. I operate a blog, HarvestingDividends.com, that provides information on the S&P Dividend Aristocrats and other dividend growth stocks. Analyst's ...