This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: Card network Visa has expanded its board of directors from 11 to 12 members by appointing Pinterest CEO Bill Ready, the company said in a press release and regulatory filing last week. Ready was elected to the post by the board and qualifies as an “independent” director, effective Sept. 29, joining the board’s finance and nominating and corporate gov ...

Visa (NYSE: V) initiated a pilot program via its Visa Direct platform to allow businesses, including banks and remittance services, to preload accounts with stablecoins rather than traditional fiat currencies for international transfers.This approach treats stablecoins as readily available funds, akin to deposited cash, which helps minimize delays in liquidity access and offers greater adaptability in handling worldwide disbursements.The initiative, unveiled at SIBOS 2025, aims to modernize outdated cross-b ...

Core Insights - Pool United, Inc. is launching a new multi-user financial account called "Pool" in partnership with First Internet Bank and Visa, aimed at enhancing consumer payment options [1] Company Overview - Pool United, Inc. is based in San Francisco and focuses on consumer payments [1] - The new account allows multiple users to share a single account, providing flexibility in managing finances [1] Product Features - The Pool account enables users to add multiple participants, assign roles and permissions, and spend directly from a shared balance using the Pool Visa Debit Card [1] - It introduces fine-grained spending controls and collaborative features, simplifying the management of shared expenses [1]

Core Insights - Visa Inc. has launched a pilot program through its Visa Direct platform allowing businesses to use stablecoins for cross-border payouts, enhancing payment modernization efforts following the GENIUS Act [1][4] - The initiative addresses liquidity management issues in international payments, providing a more efficient system for companies managing large payouts [2] - Visa's approach allows businesses to prefund transactions with stablecoins, which are treated as cash reserves, ensuring recipients receive funds in local fiat currency [3] Business Impact - The pilot program is expected to strengthen Visa's position in cross-border flows, increase participation in digital asset infrastructure, and boost transaction volumes [4] - Visa processed 65.4 billion transactions in the last reported quarter, reflecting a 10% year-over-year growth [4] Competitive Landscape - Competitors like Mastercard and American Express are also advancing in the stablecoin space, with Mastercard announcing end-to-end capabilities for stablecoin transactions and American Express launching a crypto-linked credit card [5][6] Financial Performance - Visa shares have increased by 10.7% year-to-date, outperforming the broader industry but lagging behind the S&P 500 Index [7][9] - The forward price-to-earnings ratio for Visa is 27.19, above the industry average of 20.21, with a projected EPS growth of 13.7% for fiscal year 2025 [10][12]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7] Investment Landscape - Wall Street is investing hundreds of billions into AI, but there is a pressing concern regarding the energy supply needed to sustain this growth [2] - AI data centers, such as those powering large language models, consume energy equivalent to that of small cities, indicating a significant strain on global power grids [2] Company Profile - The company in focus is not a chipmaker or cloud platform but is positioned as a crucial player in the energy sector, set to benefit from the rising demand for electricity driven by AI [3][6] - It owns significant nuclear energy infrastructure assets, making it integral to America's future power strategy [7] Financial Position - The company is noted for being completely debt-free and holding cash reserves that amount to nearly one-third of its market capitalization, providing a strong financial foundation [8] - It is trading at less than 7 times earnings, which is considered undervalued given its strategic position in the AI and energy markets [10] Market Trends - The company is poised to capitalize on the onshoring trend driven by tariffs, as well as the surge in U.S. LNG exports under the current administration's energy policies [5][14] - There is a growing recognition on Wall Street of this company's potential, as it quietly benefits from multiple market tailwinds without the high valuations typical of other firms in the sector [8][9] Future Outlook - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, reinforcing the importance of investing in AI-related companies [12] - The overall sentiment is that investing in AI infrastructure and energy is not just about financial returns but also about participating in a transformative technological revolution [15]

Glendale, WI, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Visa Lighting, a leader in architectural lighting for over 60 years and still proudly manufacturing all of its luminaires in the USA, has expanded its popular Harmony recessed ceiling fixture family with eleven new models designed for healthcare, commercial, behavioral health, and other high-abuse applications. Originally launched in 2022, the Harmony 2x4 Overbed fixture (CM1885-W) earned the prestigious Nightingale Gold Award and quickly became a favorite amo ...

Group 1 - The core focus of the article is on the increasing interest of payment companies in stablecoin applications, particularly in the cross-border payment sector following the passage of the GENIUS Act [1][4] Group 2 - Visa is opening its real-time cross-border payment network, Visa Direct, for stablecoin pre-funding trials, allowing businesses to transfer funds in real-time across countries, even outside banking hours [4] - Mark Nelson, head of Visa's commercial and cash flow solutions, stated that the initiative aims to demonstrate how stablecoins and their technology can modernize existing payment infrastructures without altering Visa's payment network [4] - Richard Crone, CEO of Crone Consulting, emphasized that Visa's strategy positions Visa Direct as a "Swiss-style hub" for processing third-party tokens within existing regulatory frameworks [4] - Visa will not issue its own stablecoin or launch any co-branded stablecoins, confirming support only for third-party tokens, including PayPal's PYUSD and other approved issuers [4] - Visa Direct processed 10 billion transactions in 2024, covering 11 billion endpoints, including 3.5 billion bank accounts, 4 billion cards, and 3.5 billion digital wallets [4]

Visa Inc. (NYSE:V) is among the 10 Best Mobile Payments Stocks to Buy Now. Visa Inc. (NYSE:V) disclosed the general availability of the Visa Commercial Solutions Hub, a platform designed to streamline commercial payments for issuers and fintechs. The hub is now widely accessible after a pilot program, including flexible ad hoc payment alternatives, invoice and supplier payments, and end-to-end payables. Integration with accounting solutions is a key component that allows embedded financial capabilities. V ...

Group 1 - Warren Buffett may retire as CEO of Berkshire Hathaway at the end of the year, but his investment strategies remain relevant for investors [1] - Buffett emphasizes investing in sectors he understands, particularly the financial sector, highlighting two stocks to consider in October [2] Group 2 - American Express is the second-largest position in Berkshire Hathaway's portfolio, with over 20% ownership, focusing on premium credit card services for affluent clients [3][4] - In the last quarter, American Express added 3.1 million new cards, bringing the total to nearly 150 million, demonstrating strong demand despite high fees [4] - The company has increased fees for its Gold and Platinum cards, contributing to a 158% growth in earnings per share (EPS) over the past decade, with expectations for similar growth in the next ten years [5] Group 3 - Visa operates the largest credit card network globally, processing payments without issuing cards or managing credit risk, relying on transaction fees for revenue [8]

Core Insights - The U.S. Justice Department has received a temporary stay in its antitrust lawsuit against Visa due to a government funding lapse, which has affected the ability of DOJ attorneys to work on the case [8] - Visa holds over 60% of the U.S. debit card transaction market and generates more than $7 billion annually in processing fees, leading to allegations of operating an illegal monopoly [5][4] - The lawsuit, which has been ongoing since the Trump administration, claims that Visa imposes agreements that exclude competitors from the debit processing market, a claim Visa denies [6][4] Group 1 - The DOJ's lawsuit against Visa alleges illegal monopoly practices in the debit card market [4] - Visa's market share in the U.S. debit card transactions is over 60%, with Mastercard holding less than 25% [5] - Visa has not opposed the temporary stay requested by the DOJ, which allows for ongoing negotiations regarding document subpoenas [3][8] Group 2 - Prior to the funding lapse, Visa and the DOJ reported progress in negotiations about the electronic debit card data to be produced for discovery [7] - The court has granted a stay in the proceedings, which will last until government funding is restored [8] - Visa's motion to dismiss the complaint was denied, indicating the court's willingness to proceed with the case [6]