Visa(US:V) 智通财经网·2025-10-28 23:16Core Insights - Visa's Q4 earnings exceeded market expectations, indicating continued consumer reliance on credit card payments [1] - The company reported a nearly 12% year-over-year revenue growth, reaching $10.7 billion, surpassing the expected $10.6 billion [1] - Adjusted net income was $5.8 billion, with adjusted earnings per share at $2.98, slightly above the anticipated $2.97 [1] Financial Performance - Visa's Q4 revenue growth of nearly 12% reflects strong consumer spending on both luxury and essential goods [1] - The company anticipates a strong performance in the upcoming holiday quarter, contingent on active travel and e-commerce spending [1] Strategic Initiatives - Visa's CEO highlighted the integration of AI-driven technologies, real-time fund flows, tokenization, and stablecoins as key areas for innovation and product development [1] - The company has ended its open banking operations in the U.S. due to increased regulatory uncertainty and changes in the competitive landscape [1] Technological Advancements - Visa is currently supporting "agentic" transactions, where AI-driven agents can complete checkout processes on behalf of users [2] - The company has introduced a framework to help merchants verify the identities of these agents to prevent malicious use [2] - The ultimate goal is to enable AI agents to perform shopping tasks without human intervention, with ongoing collaborations with major platforms to achieve this [2]