Visa Inc.

Intuit Appoints Vasant Prabhu, Former CFO and Vice Chairman of Visa, to its Board of Directors

Retrieved on: 
Thursday, May 2, 2024

Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , announced that it appointed Vasant Prabhu, former Chief Financial Officer and Vice Chairman of Visa, to its board of directors.

Key Points: 
  • Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax , Credit Karma , QuickBooks , and Mailchimp , announced that it appointed Vasant Prabhu, former Chief Financial Officer and Vice Chairman of Visa, to its board of directors.
  • “We are excited to welcome Vasant to our board.
  • He has deep expertise in financial services innovation and building a global technology and payments platform,” said Sasan Goodarzi, CEO of Intuit.
  • With the addition of Prabhu, Intuit’s board now has 12 directors .

Airwallex rolls out Borderless Visa Cards in Canada, giving Canadian businesses a streamlined approach to global expense management

Retrieved on: 
Wednesday, April 10, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today introduced the Airwallex Borderless Visa® Card in Canada.

Key Points: 
  • Airwallex , a leading global payments and financial platform for modern businesses, today introduced the Airwallex Borderless Visa® Card in Canada.
  • The Borderless Visa card leverages Visa’s virtual card capabilities, which will enable Airwallex customers in Canada to instantly generate and issue virtual cards and pay global expenses directly from their Airwallex multi-currency wallet, eliminating unnecessary FX conversion fees.
  • With single- and multi-use card capabilities, the Borderless Visa card allows for stronger security, better control, and heightened visibility of company spending.
  • The Airwallex Borderless Visa cards are tightly integrated with Airwallex’s Expense Management offering, enabling teams to upload receipts, submit expense reports, and send through approval flows, giving businesses a unified view of expenses across all currencies and accounts.

Virtual Cards Market Projected to Reach $89.93 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Tuesday, April 23, 2024

PUNE, India, April 22, 2024 /PRNewswire/ -- The report titled " Virtual Cards Market by Card (Credit Card, Debit Card), Product (B2B Virtual Cards, B2C Remote Payment Virtual Cards, C2B POS Virtual Cards), Issuer Type, Application - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $28.54 billion in 2023 to reach $89.93 billion by 2030, at a CAGR of 17.81% over the forecast period.

Key Points: 
  • PUNE, India, April 22, 2024 /PRNewswire/ -- The report titled " Virtual Cards Market by Card (Credit Card, Debit Card), Product (B2B Virtual Cards, B2C Remote Payment Virtual Cards, C2B POS Virtual Cards), Issuer Type, Application - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $28.54 billion in 2023 to reach $89.93 billion by 2030, at a CAGR of 17.81% over the forecast period.
  • Virtual cards, the digital equivalents of traditional physical cards, are transforming the way online transactions are conducted with their unique blend of convenience and security.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Virtual Cards Market.
  • "Dive into the Virtual Cards Market Landscape: Explore 182 Pages of Insights, 370 Tables, and 24 Figures"

Virtual Cards Market Projected to Reach $89.93 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Tuesday, April 23, 2024

PUNE, India, April 22, 2024 /PRNewswire/ -- The report titled " Virtual Cards Market by Card (Credit Card, Debit Card), Product (B2B Virtual Cards, B2C Remote Payment Virtual Cards, C2B POS Virtual Cards), Issuer Type, Application - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $28.54 billion in 2023 to reach $89.93 billion by 2030, at a CAGR of 17.81% over the forecast period.

Key Points: 
  • PUNE, India, April 22, 2024 /PRNewswire/ -- The report titled " Virtual Cards Market by Card (Credit Card, Debit Card), Product (B2B Virtual Cards, B2C Remote Payment Virtual Cards, C2B POS Virtual Cards), Issuer Type, Application - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $28.54 billion in 2023 to reach $89.93 billion by 2030, at a CAGR of 17.81% over the forecast period.
  • Virtual cards, the digital equivalents of traditional physical cards, are transforming the way online transactions are conducted with their unique blend of convenience and security.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Virtual Cards Market.
  • "Dive into the Virtual Cards Market Landscape: Explore 182 Pages of Insights, 370 Tables, and 24 Figures"

Coast featured in new Visa white paper on innovation in fleet cards

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- Coast, a modern digital fleet fuel and gas card expense management platform that helps companies govern their fuel and fleet spending, announced today that Visa Inc., a world leader in digital payments, has authored a white paper that highlights how the fleet card company has used innovation to improve the check-in process and integrate policies, data and other expense management tools to their card system.

Key Points: 
  • "It's a great honor for Coast's fleet payment system to be featured in a white paper by payments leader like Visa," said Coast CEO and founder Daniel Simon.
  • "Coast has worked with Visa for many years and their trust in our services has led to the development of this white paper.
  • The white paper, entitled " Innovation in U.S. Fleet Cards ," discusses the Coast fleet card's unique value-added solutions, including:
    Eliminating user error with short messaging service (SMS) check-in.
  • The white paper notes that Coast has also been on the forefront in its approach to improving data quality and security by bringing innovation into the fleet card management system.

Your Alaska Airlines Mileage Plan miles go farther with Global Getaways

Retrieved on: 
Wednesday, April 3, 2024

SEATTLE, April 3, 2024 /PRNewswire/ -- Eager to get even more bang with your Mileage Plan miles? Alaska Airlines has just the ticket with Global Getaways. Starting today, we're offering savings of up to 50% on award redemptions to select international destinations with us and our global partners. Mileage Plan members can redeem miles throughout April at alaskaair.com for reduced award travel from September through November to an amazing collection of locations.

Key Points: 
  • Alaska Airlines has just the ticket with Global Getaways .
  • Starting today, we're offering savings of up to 50% on award redemptions to select international destinations with us and our global partners.
  • Mileage Plan members can redeem miles throughout April at alaskaair.com for reduced award travel from September through November to an amazing collection of locations.
  • "We're continuing to invest in making Mileage Plan the most rewarding loyalty program with the industry's most valuable currency."

Co-branded Credit Card Market Projected to Reach $25.72 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Wednesday, April 3, 2024

PUNE, India, April 2, 2024 /PRNewswire/ -- The report titled " Co-branded Credit Card Market by Vendor Type (Card Issuer, Card Network, Retailer), Credit Card Type (Physical Credit Cards, Virtual Credit Cards), End-User - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $13.41 billion in 2023 to reach $25.72 billion by 2030, at a CAGR of 9.74% over the forecast period.

Key Points: 
  • PUNE, India, April 2, 2024 /PRNewswire/ -- The report titled " Co-branded Credit Card Market by Vendor Type (Card Issuer, Card Network, Retailer), Credit Card Type (Physical Credit Cards, Virtual Credit Cards), End-User - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $13.41 billion in 2023 to reach $25.72 billion by 2030, at a CAGR of 9.74% over the forecast period.
  • In the United States, a pronounced credit culture and the appeal of attractive rewards programs have established co-branded credit cards.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Co-branded Credit Card Market.
  • "Dive into the Co-branded Credit Card Market Landscape: Explore 193 Pages of Insights, 290 Tables, and 22 Figures"

Co-branded Credit Card Market Projected to Reach $25.72 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Wednesday, April 3, 2024

PUNE, India, April 2, 2024 /PRNewswire/ -- The report titled " Co-branded Credit Card Market by Vendor Type (Card Issuer, Card Network, Retailer), Credit Card Type (Physical Credit Cards, Virtual Credit Cards), End-User - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $13.41 billion in 2023 to reach $25.72 billion by 2030, at a CAGR of 9.74% over the forecast period.

Key Points: 
  • PUNE, India, April 2, 2024 /PRNewswire/ -- The report titled " Co-branded Credit Card Market by Vendor Type (Card Issuer, Card Network, Retailer), Credit Card Type (Physical Credit Cards, Virtual Credit Cards), End-User - Global Forecast 2024-2030 " is now available on 360iResearch.com's offering, presents an analysis indicating that the market projected to grow from a size of $13.41 billion in 2023 to reach $25.72 billion by 2030, at a CAGR of 9.74% over the forecast period.
  • In the United States, a pronounced credit culture and the appeal of attractive rewards programs have established co-branded credit cards.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Co-branded Credit Card Market.
  • "Dive into the Co-branded Credit Card Market Landscape: Explore 193 Pages of Insights, 290 Tables, and 22 Figures"

U.S. Merchants Enter into Landmark Class Action Settlement with Visa and Mastercard to Eliminate Anti-Competitive Restraints and Reduce Swipe Fees

Retrieved on: 
Tuesday, March 26, 2024

NEW YORK, March 26, 2024 /PRNewswire/ -- A landmark antitrust class action settlement has been reached between U.S. merchants and Visa Inc. ("Visa") and Mastercard Incorporated ("Mastercard") to resolve claims for injunctive relief in In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. The settlement, which is among the largest in U.S. antitrust history, is subject to approval by the U.S. District Court for the Eastern District of New York. The class includes all merchants who accepted Visa or Mastercard debit or credit cards in the United States at any time during the period between December 18, 2020 and the date of entry of final judgment by the court. The class is represented by Steve Shadowen of Hilliard Shadowen LLP; Robert Eisler of Grant & Eisenhofer PA; Michael Freed of Freed Kanner London & Millen LLC; and Linda Nussbaum of Nussbaum Law Group, P.C.

Key Points: 
  • The settlement eliminates anti-competitive restraints that will deliver U.S. merchants billions of near- and long-term savings.
  • Experts expect substantially greater additional savings as the agreed upon policy changes provide merchants of all sizes with new negotiating leverage against Visa and Mastercard.
  • Importantly, the settlement prohibits Visa and Mastercard from circumventing the injunctive relief, providing strong anti-circumvention provisions and independent verification and calculations on swipe fees.
  • The settlement stems from a 2005 lawsuit which alleged that merchants paid excessive fees to accept Visa and Mastercard credit cards, and that Visa and Mastercard and their member banks acted in violation of antitrust laws.

Persefoni announces former Visa Chief Sustainability Officer Douglas Sabo has joined its Sustainability Advisory Board

Retrieved on: 
Monday, March 11, 2024

TEMPE, Ariz., March 11, 2024 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, has announced that former Visa Chief Sustainability Officer Douglas Sabo has joined its Sustainability Advisory Board (SAB).

Key Points: 
  • TEMPE, Ariz., March 11, 2024 /PRNewswire/ -- Persefoni, a leading Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, has announced that former Visa Chief Sustainability Officer Douglas Sabo has joined its Sustainability Advisory Board (SAB) .
  • From 2008-2024, he served as a corporate sustainability and responsibility executive at Visa Inc., the global payments leader, including as the company's inaugural Chief Sustainability Officer.
  • Persefoni is grateful to Doug and his fellow sustainability board members as they help guide us through this new era of vital transparency."
  • "I am honored to join the world-class industry experts on the Sustainability Advisory Board in support of the mission of Persefoni and – ultimately – a decarbonized economy."