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VISA Inc. - V STOCK NEWS

Welcome to our dedicated page for VISA news (Ticker: V), a resource for investors and traders seeking the latest updates and insights on VISA stock.

Visa Inc., headquartered in San Francisco, California, is a leading multinational financial services corporation. Known for facilitating electronic funds transfers worldwide, Visa primarily operates through its extensive range of Visa-branded credit cards, debit cards, and prepaid cards. Recognized as one of the world's most valuable companies, Visa's significance in the global economy is immense.

Core Business & Operations: Visa is the largest payment processor globally, with an impressive record of processing over $14 trillion in total volume in fiscal 2022. The company operates in more than 200 countries and supports transactions in over 160 currencies. Visa's advanced technological infrastructure can handle an astounding 65,000 transactions per second, ensuring fast, reliable, and secure payment processing for its users.

Recent Achievements & Financial Condition: In the latest financial update, Visa reported a GAAP net income of $4.9 billion or $2.39 per share, alongside a non-GAAP net income of $4.9 billion or $2.41 per share. These figures reflect Visa's robust financial health and its capacity to generate significant profit, securing its position as a leader in the financial services industry.

Partnerships & Products: Visa's extensive network includes partnerships with numerous financial institutions, merchants, and technology companies, enabling it to offer a diverse range of products and services tailored to meet the needs of various market segments. From innovative payment solutions to advanced security features, Visa continually evolves to stay ahead in a competitive market.

Current Projects: Visa is committed to enhancing the future of payments through various initiatives. These include expanding contactless payment options, integrating blockchain technology for enhanced security, and developing new financial tools to support both businesses and consumers in the digital age.

Visa's ongoing dedication to innovation, security, and customer satisfaction makes it a pivotal entity in the global financial ecosystem, delivering unparalleled service and reliability to millions of users globally.

News

Visa Inc. to Announce Fiscal Fourth Quarter and Full Year 2023 Financial Results on October 24, 2023

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Visa Inc. will report its fiscal Q4 and full year 2023 financial results on October 24, 2023. The executive management team will host a live webcast to discuss the results.
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Visa Launches $100 million Generative AI Ventures Initiative

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Visa announces new $100 million generative AI ventures initiative to invest in companies developing generative AI technologies and applications for commerce and payments.
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Visa Enters Strategic Partnership with Expel to Help Clients Manage Cybersecurity Risk

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Visa partners with Expel to enhance its Value-Added Services with Managed Detection and Response capabilities, aiming to protect clients from cyber threats. Global cybercrime costs are expected to reach $10.5 trillion annually by 2025. The partnership allows Visa to offer a more holistic security offering to clients, improving threat detection and response capabilities. The partnership will initially be available in the US and Canada, with global expansion planned.
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Visa Program Combats Friendly Fraud Losses For Small Businesses Globally

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Visa Inc. has made changes to its dispute program, making it easier for merchants to fight first-party fraud for card-not-present transactions. This change could save small businesses over $1 billion globally over the next five years. The rule change gives merchants more ways to show a disputed charge is valid and authorized, helping business owners keep money that is rightfully theirs. This is seen as a gamechanger for small businesses and a significant step in fighting fraud on the Visa network.
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Visa and Swift Team Up to Enhance Transparency, Speed and Security in Global B2B Money Movement

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Visa and Swift collaborate to streamline international B2B payments, aiming to provide more choice and improve speed and transparency of transactions.
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Visa Announces Fintech Finalists for the 2023 Visa Everywhere Initiative at TechCrunch Disrupt

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Visa to host the Visa Everywhere Initiative (VEI) 2023 Global Finals at TechCrunch Disrupt, offering $50K to the winner. VEI participants have collectively raised over $16 billion in funding. The 2023 program saw an increase in diverse applicants, with women-led businesses representing nearly half of the entrants. Visa aims to drive inclusive economic growth and expand its network. The global finale will feature five regional winners pitching their payment solutions to a panel of judges. The awards include $50K for the overall winner, $10K for the audience favorite, and $10K for Visa Direct. Moov Financial, the 2021 VEI winner, has raised $45M in funding and expanded to new markets with Visa's support.
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Paysend and Visa Strengthen Their Strategic Collaboration to Help Transform Global Money Movement

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Paysend and Visa collaborate to enable real-time money transfers to eligible Visa cards across 170 countries and territories.
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Visa Releases First Growth Corporates Working Capital Index for the Middle-Market

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Visa releases first Growth Corporates Working Capital Index, revealing challenges faced by growth corporates in securing working capital solutions. Nearly half of surveyed growth corporates plan to use more working capital for strategic growth initiatives. Top performers achieved an average WCI score of 70, saving $3.3M annually. 92% of growth corporate CFOs plan to use working capital solutions in the next 12 months, representing a 30% increase in utilization. Virtual cards expected to triple in use in 2024.
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Small Businesses Eye Global Expansion as Key to Growth, Visa Study Finds

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Visa's Global Back to Business Study reveals that a majority of surveyed SMBs plan to prioritize cross-border sales for growth. Nearly 60% of shoppers predict increased use of digital payments this year. Small business owners aim to go cashless in the next two years. Consumers intend to shop more at local businesses to support the local economy. Increasing social media presence, offering new products/services, and investing in marketing are identified as top opportunities for reaching new customers. Visa provides various payment services and support for SMBs.
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Visa Research Highlights Emerging Fraud Schemes in Retail and eCommerce

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Visa releases Biannual Threats Report highlighting increasing fraud schemes targeting the global economy. Visa proactively blocked $30 billion in fraud during January - June 2023. Ransomware attacks increased by 91% in March 2023 compared to February 2023. Enumeration attacks increased by 40% in the past six months. Online merchants responsible for 58% of fraud. Visa's efforts resulted in crackdowns on cybercrime activities and arrests of fraudsters.
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FAQ

What is the current stock price of VISA (V)?

The current stock price of VISA (V) is $318.66 as of December 27, 2024.

What is the market cap of VISA (V)?

The market cap of VISA (V) is approximately 621.4B.

What does Visa Inc. do?

Visa Inc. facilitates electronic funds transfers worldwide, primarily through Visa-branded credit cards, debit cards, and prepaid cards.

Where is Visa Inc. headquartered?

Visa Inc. is headquartered in San Francisco, California.

How much total volume did Visa process in fiscal 2022?

Visa processed over $14 trillion in total volume in fiscal 2022.

In how many countries does Visa operate?

Visa operates in more than 200 countries.

How many transactions per second can Visa's system process?

Visa's systems are capable of processing over 65,000 transactions per second.

What was Visa's GAAP net income recently?

Visa's GAAP net income was $4.9 billion, or $2.39 per share.

Who are some of Visa's partners?

Visa partners with numerous financial institutions, merchants, and technology companies worldwide.

What are some current projects Visa is involved in?

Visa is working on expanding contactless payment options, integrating blockchain technology, and developing new financial tools.

What makes Visa a leader in the payment processing industry?

Visa's advanced technology, extensive network, and commitment to innovation and security make it a leader in the payment processing industry.

How does Visa ensure the security of its transactions?

Visa uses advanced security features and continually works on integrating new technologies like blockchain to enhance transaction security.

Stock V logo
VISA Inc.

NYSE:V

V Rankings

#15 Ranked by Market Cap
#1933 Ranked by Dividends

V Stock Data

621.43B
1.72B
0.55%
89.74%
1.21%
Credit Services
Services-business Services, Nec
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United States of America
SAN FRANCISCO