🇺🇸 NEW: Ex-CFTC Chair Chris Giancarlo says US banks need crypto regulatory clarity more than crypto firms do or risk falling behind in payment innovation. https://t.co/PrBkiWs06S ...

Group 1 - Visa has signed a definitive agreement to acquire Argentine payments platforms Prisma Medios de Pago and Newpay from Advent International, enhancing its presence in the Argentine market [1][2] - Prisma processes over six billion transactions annually for leading banks in Argentina, while Newpay operates a multi-network payments infrastructure, including real-time payments and bill payment services [1][2] - The acquisition is expected to close in Visa's fiscal second quarter of 2026, subject to customary closing conditions, and aims to integrate Prisma's and Newpay's technology with Visa's global network [3] Group 2 - Visa's CEO emphasized that the acquisition strengthens client partnerships and advances innovation in the payments ecosystem, aiming to simplify and secure payment processes for consumers and businesses [4][5] - The combined platform will support agnostic processing for any card brand and all payment methods offered by Newpay, enhancing the overall service offering [4][5] - Visa reported a net income of $10.9 billion in the fiscal first quarter of 2026, reflecting a 15% increase from the previous year, indicating strong financial performance [6]