Visa plans to support more stablecoins and blockchains on its settlement platform. 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. Meanwhile, stablecoins are gaining mainstream acceptance. This week, the White Ho ...

Core Insights - Mastercard is transitioning from a traditional payment processor to a data-driven technology platform, focusing on interoperability, digital identity, and agentic AI [3][4][10] - The company's value-added services, including cybersecurity and fraud prevention, saw a revenue growth of 23% in Q2 [4][6] - Mastercard is investing in "multi-rail" capabilities to accommodate various payment types and currencies, positioning itself as an "interoperability layer" [9][10] Financial Performance - Mastercard reported net revenue of $8.1 billion, a 17% increase year over year on a GAAP basis, and 16% growth on a currency-neutral basis [6] - Adjusted net income reached $3.8 billion, up 13%, with adjusted earnings per share of $4.15, an increase of 16% compared to the same period last year [6] - Total gross dollar volume (GDV) grew 9% year over year, reaching $2.6 trillion, with U.S. GDV increasing by 6% and international GDV rising by 10% [7] Strategic Developments - The launch of Mastercard Agent Pay, which utilizes conversational AI for secure payments, marks the company's entry into agentic AI [5][13] - Mastercard's strategic updates include renewing its exclusive co-brand agreement with American Airlines and launching new solutions under the "Mastercard Collection" and "Agent Pay" brands [12] - The company is rearchitecting itself as an overlay network that connects various payment methods while embedding compliance and fraud detection [10][11]

Financial Data and Key Metrics Changes - Euronet reported a record second quarter with revenue of $1.1 billion, operating income of $159 million, adjusted EBITDA of $206 million, and adjusted EPS of $2.56, reflecting a 14% year-over-year growth in adjusted EPS [10][11] - The company achieved constant currency operating income growth of 13% year-over-year, with consolidated operating margins expanding by more than 112 basis points compared to the prior year [8][11] - The company repurchased $247 million of its shares during the quarter, which had a marginal benefit to the second quarter adjusted EPS [11][12] Business Line Data and Key Metrics Changes - The Money Transfer segment led with constant currency operating income growth of 33%, driven by increased transaction volumes and higher principal amounts per transaction [10][25] - The EFT segment saw revenue growth of 6%, with operating income and adjusted EBITDA remaining in line with prior year results, facing tough comparisons due to exceptionally strong performance in the previous year [14] - Epay revenue grew by 5%, with operating income increasing by 17% and EBITDA by 15%, primarily driven by growth in digital channel sales [14] Market Data and Key Metrics Changes - Direct-to-consumer digital transactions in the Money Transfer segment grew by 29%, indicating strong consumer demand for digital products [15] - The company noted that the new 1% remittance tax would only affect 27% of the Money Transfer segment's revenue, limiting overall exposure [25] - The Asia Pacific region saw significant expansion through the acquisition of Kyodai Remittance, enhancing the company's capabilities in the Japanese remittance market [28] Company Strategy and Development Direction - The acquisition of CoreCard is a strategic milestone, extending Euronet's reach into the digital payments processing space and targeting a $10 billion revenue market with attractive operating margins [4][32] - Euronet aims to shift from legacy cash-based business lines towards digital offerings, with a target of reducing revenue from owned ATMs from 19% in 2024 to 7% by 2034 [36] - The company plans to leverage its existing relationships and expand CoreCard's reach into emerging markets, capitalizing on rising GDP and consumption expenditures [46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining a growth trajectory, reaffirming an earnings growth expectation of 12% to 16% for 2025 [56] - The company acknowledged macro uncertainties but highlighted strong operational performance and growth opportunities in digital payments [11][25] - Management emphasized the importance of AI and stablecoin as strategic enablers for future growth, with ongoing discussions regarding stablecoin facilitation [53][54] Other Important Information - The company signed significant REN deals with major banks, enhancing its technology's reputation and potential for cross-selling [7][70] - Euronet's digital transformation is supported by its REN technology and Dandelion network, positioning it as a leader in the global payments market [55][56] Q&A Session Summary Question: Insights on CoreCard acquisition and potential revenue concentration risks - Management acknowledged the risk of revenue concentration with the Apple partnership but expressed confidence in cross-selling opportunities and the strength of CoreCard's platform [59][60] Question: Growth deceleration in EFT segment - Management clarified that the deceleration was due to tough comparisons from the previous year and anticipated stronger performance in Q3 [63][64] Question: Revenue expectations from the new U.S. bank deal - Management indicated that revenue from the new deal is already being realized and expected to accelerate, with significant potential for cross-selling [70][72] Question: CoreCard's sustainable growth potential - Management expressed optimism about CoreCard's growth potential, particularly with Euronet's global distribution capabilities [100][102] Question: Travel trends and interchange impacts on EFT business - Management reported strong travel trends and positive impacts from interchange increases, with expectations for continued growth [112][114]

U.S. and Canadian merchants now benefit from per-transaction interchange prediction, real-time settlement visibility, and a unified global experience across all payment operations MONTREAL, July 31, 2025 /PRNewswire/ -- Nuvei today announced the expansion of its proprietary global clearing and settlement platform to include the U.S. and Canada, modernizing its North American infrastructure. The upgrade brings the region onto Nuvei's global standard, giving merchants faster reconciliation, greater transparen ...

Core Viewpoint - Visa remains a dominant player in the global payments industry, showing strong performance in 2025 despite macroeconomic challenges, with a year-to-date total return exceeding 11% compared to the S&P 500's approximately 9% [1] Financial Performance - In fiscal Q3 2025, Visa reported revenues of just under $10.20 billion, reflecting a 14% revenue growth, surpassing estimates of around 11% [2] - Adjusted earnings per share (EPS) reached $2.98, a 23% increase, exceeding the analyst estimate of 17% [2] - Q4 guidance indicates "high-single-digit to low-double-digit" revenue growth and EPS growth in the "high single-digit range," which fell short of analyst expectations [4] Business Drivers - Payment volume growth remained solid at 8% in constant currency, indicating resilience in consumer spending despite trade tensions [5] - Visa's value-added services (VAS) experienced robust growth of 26% in constant currency, up from 22% in the previous quarter, enhancing Visa's market position [7] Consumer Trends - Consumer spending is described as "resilient," which is crucial for Visa as it accounts for about two-thirds of the U.S. GDP [6] Strategic Initiatives - Visa Direct, the company's remittance platform, saw a 25% increase in transactions and added several new banks, highlighting its potential for growth in cross-border transactions [10] - The company is integrating stablecoins into Visa Direct, which may facilitate faster cross-border money movement and cater to emerging market economies [11][12] Market Outlook - Despite a drop in shares post-earnings release, Visa's long-term strength is attributed to its global scale, technological readiness, and strategic initiatives [13] - The conservative guidance may reflect caution amid macro uncertainties but does not undermine Visa's strategic momentum [14]

Analyst's Disclosure:I/we have a beneficial long position in the shares of V either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. At a market capitalization of $685B, Visa Inc. (NYSE: V ) ranks #14 of the U.S. biggest publicly traded companies. Visa is a global firm operating ...

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Flywire Corporation (NASDAQ: FLYW) and certain of the Company's senior executives for potential violations of the federal securities laws. Investors have until September 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchase ...

The stock slipped more than 8% following the report, as the company saw slowing growth in transaction margin dollars. PayPal's payment transactions declined 5% in the reported quarter. PayPal Holdings (PYPL) reported second-quarter 2025 non-GAAP earnings of $1.40 per share, which surpassed the Zacks Consensus Estimate by 7.7% and jumped 17.6% year over year. Results reflected better- than-expected growth in revenues. PayPal saw an uptick in both total payment volume (TPV) and revenues compared to the first ...

Core Insights - PayPal Holdings, Inc. (NASDAQ: PYPL) reported earnings results on July 29th that significantly exceeded market estimates, yet the stock price fell by approximately 10%, indicating a potential overreaction from the market [1]. Company Performance - The earnings report from PayPal showed strong cash generation, which is a key focus for investors looking for durable businesses with a competitive advantage [1]. Market Reaction - Despite the positive earnings results, the market's reaction was negative, suggesting that investor sentiment may not align with the company's financial performance [1].

Market Overview - The S&P 500 and Nasdaq reached intra-day record highs but closed in the red, with the Dow down 204 points (-0.46%), S&P 500 down 18 points (-0.30%), Nasdaq down 80 points (-0.38%), and Russell 2000 down 13 points (-0.61%) [1] - Trade deals are progressing but lack the strength to drive the market higher, with Q2 earnings showing some weaknesses outside of Big Tech [2] Federal Reserve Policy - A new announcement on Fed policy is expected, with the current interest rate of 4.25-4.50% likely to remain unchanged for the fifth consecutive FOMC meeting [3] - Some analysts anticipate dissent among Fed members regarding the need for rate cuts despite current unemployment at +4.1% and inflation at +2.7% [3] Earnings Reports - **Starbucks (SBUX)**: Reported Q3 earnings of $0.50 per share, missing the consensus of $0.65, attributed to a one-time charge of $0.11. Revenues were $9.50 billion, exceeding expectations of $9.30 billion. Same-store sales fell -2% compared to a -1.3% consensus [4][5] - **Visa (V)**: Reported earnings of $2.98 per share, beating expectations of $2.86, with revenues of $10.2 billion surpassing the $9.87 billion forecast. Despite strong performance, shares fell -3% in after-hours trading [6] - **Booking Holdings (BKNG)**: Reported Q2 earnings of $55.40 per share, exceeding the $50.59 estimate, with revenues of $6.8 billion above the $6.56 billion consensus. Gross bookings reached $46.7 billion [7] - **Mondelez (MDLZ)**: Reported earnings of $0.73 per share, beating estimates by $0.05, with revenues of $8.98 billion exceeding the $8.88 billion expectation. The company faced challenges from rising cocoa prices and tariffs [8] Upcoming Market Events - The earnings season is expected to peak with reports from major companies like Microsoft and Meta Platforms, along with others such as Ford and Qualcomm [9] - Private-sector payroll data from ADP is anticipated, with a consensus of +64K jobs for July, following a previous decline of -33K [10] - Q2 GDP is projected to rebound to +2.3% from Q1's -0.5%, influenced by tariff policies and economic outlook improvements [10]