Visa

Nium and Thredd Expand Partnership to Power B2B Travel Payments in APAC

Retrieved on: 
Wednesday, April 24, 2024

Nium's virtual card solution is used by travel intermediaries to effectively pay hotels, airlines, and other global travel suppliers with enhanced security, efficiency, and reduced costs.

Key Points: 
  • Nium's virtual card solution is used by travel intermediaries to effectively pay hotels, airlines, and other global travel suppliers with enhanced security, efficiency, and reduced costs.
  • Powered by Thredd's global processing capabilities, Nium has successfully launched local issuing in Singapore as part of its strategic expansion in B2B travel payments across APAC.
  • Fuelling this unmistakeable growth is the rise of innovative B2B travel payment solutions, like that offered by Nium.
  • With Thredd's technology, we can continue to meet the evolving needs of the travel ecosystem on a global scale, now and in the future," said Spencer Hanlon, Global Head of Travel Payments at Nium.

First Place for Youth to Honor San Francisco Giants and Visa Foundation at A Celebration of Heart and Home

Retrieved on: 
Tuesday, April 23, 2024

OAKLAND, Calif., April 23, 2024 /PRNewswire/ -- First Place for Youth, the nonprofit organization dedicated to supporting foster youth in their transition to adulthood, announced today that the San Francisco Giants, Visa Foundation, and First Place for Youth Board Chair Nancy Heinen will be honored at the Celebration of Heart and Home event on May 16, 2024, at Oracle Park.

Key Points: 
  • "It's a tremendous honor to recognize the San Francisco Giants, Visa Foundation, and Nancy Heinen for their exemplary dedication to the wellbeing of our community's youth," says Darryl Glass, Celebration of Heart and Home Development Chair.
  • First Place for Youth will honor the Giants with the Community Hero Award for their commitment to creating a community that supports individuals from diverse backgrounds, including foster youth.
  • Since 2019, Visa Foundation has committed nearly $20M to supporting San Francisco and greater Bay Area organizations that are actively working to address chronic and youth homelessness.
  • In addition to transformative funding, Visa Foundation has worked with Visa to encourage its employees to volunteer in their local community.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

Thunes announces agreement to acquire Tilia LLC

Retrieved on: 
Tuesday, April 23, 2024

Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.

Key Points: 
  • Using Tilia's technology, Thunes will be able to offer Visa, MasterCard, American Express, JCB and UnionPay acceptance to Thunes' customers.
  • Floris de Kort, CEO of Thunes, says, "The acquisition of Tilia demonstrates our ambition in the United States.
  • It will be business as usual for our people and our customers as we bring Tilia and Thunes together."
  • Subject to regulatory approval, after the acquisition closes, Tilia will be rebranded as Thunes and will remain based in San Francisco.

SAP Announces Q1 2024 Results

Retrieved on: 
Monday, April 22, 2024

IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.

Key Points: 
  • IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.
  • As of March 31, 2024, SAP had repurchased 10,024,841 shares at an average price of €137.62 resulting in payouts of approximately €1.38 billion under the program.
  • In 2024, SAP is further increasing its focus on key strategic growth areas, in particular business AI.
  • Reflecting re-investments into strategic growth areas, SAP expects to exit 2024 at a headcount similar to year-end 2023.

Finance Brands and Sports Sponsorship. Is It Worth It? Leading financial marketing agency Contentworks investigates.

Retrieved on: 
Wednesday, April 17, 2024

LIMASSOL, Cyprus, April 17, 2024 /PRNewswire-PRWeb/ -- Very few events can give you the kind of exposure a sporting event can. Football undoubtedly takes the crown for the highest viewership, with 3.5 billion avid fans worldwide. That's massive brand exposure for finance brands. Plus, sports sponsorship is also about making a psychological connection. People don't just watch major sporting events, they interact on social media throughout. Statistics reveal that 80% of sports fans share their experience while watching live sports. And it's this exposure, reach and psychological connection that lures in finance brands. As the leading financial services marketing agency, we're looking at finance brands and sports sponsorship. Is it worth it?

Key Points: 
  • As the leading financial services marketing agency, we're looking at finance brands and sports sponsorship.
  • As the leading financial services marketing agency , we're looking at finance brands and sports sponsorship.
  • Contentworks Agency Niki Nikolaou
    Visa is the official payment tech partner for the Olympics and Paralympics till 2032.
  • Contentworks Agency has wide experience building and implementing marketing campaigns for leading finance brands worldwide.

New and improved Klarna Card announced in the US, empowering smarter spending and greater financial control

Retrieved on: 
Wednesday, April 17, 2024

NEW YORK, April 17, 2024 /PRNewswire/ -- Klarna, the AI powered global payments network and shopping assistant, today announced it has opened its waitlist for the new Klarna Card to all US consumers. The Klarna Card, issued by WebBank, offers flexible payment options in both physical stores and online, empowering consumers to make purchases anywhere Visa is accepted; and with no foreign transaction fees while abroad. On the heels of the Klarna Card's success in Europe, the new offering follows Klarna's track record of providing sustainable and flexible payment options everywhere, and is a welcome alternative to high-cost credit cards that have hidden fees.

Key Points: 
  • The Klarna Card, issued by WebBank, offers flexible payment options in both physical stores and online, empowering consumers to make purchases anywhere Visa is accepted; and with no foreign transaction fees while abroad.
  • "We're finally bringing the new Klarna Card to the US market, a product that gives consumers more financial control to choose how they want to pay," said Sebastian Siemiatkowski, Co-Founder and CEO of Klarna.
  • The Klarna Card seamlessly integrates into Klarna's best-in-class shopping experience with the Klarna app.
  • Consumers can sign up for the Klarna Card waitlist here , rolling out over the next few months.

Time is running out for businesses to file for $5.5B payment card settlement

Retrieved on: 
Wednesday, April 17, 2024

BROOKLYN, N.Y., April 17, 2024 /PRNewswire/ -- Time is running out for millions of businesses to claim a share of the nation's largest antitrust class-action settlement in history. Business owners have just one month left to submit a claim in the massive $5.5billion settlement.

Key Points: 
  • Business owners have just one month left to submit a claim in the massive $5.5billion settlement.
  • Claims can be submitted on the claims portal here: PaymentCardSettlement.com , and by mail if you received a paper claim form.
  • Only businesses that submit a claim by the deadline will get money from the settlement.
  • The settlement comes after a 19-year battle in court focused on business owners paying allegedly inflated Visa and Mastercard interchange fees.

HitPaw Photo AI V3.3.0 Newly Introduce Its ID Photo Feature for Professional Use

Retrieved on: 
Tuesday, April 16, 2024

NEW YORK, April 16, 2024 /PRNewswire/ -- HitPaw, an unparalleled multi-media solution, announces the highly anticipated release of HitPaw Photo AI ( https://www.hitpaw.com/photo-ai.html ) V3.3.0. This upgrade goes beyond traditional editing tools with its ID Photo Maker functionality. Say goodbye to the hassle of manually resizing and formatting photos for official documents.

Key Points: 
  • LET'S CHECK THE KEY FEATURES:
    With ID Photo Maker, you can generate ID photos that meet the exact specifications required for passports, visas, driver's licenses, and more.
  • One of the latest additions to HitPaw Photo AI's arsenal is its groundbreaking AI Portraits feature.
  • Whether you're a seasoned artist or a novice enthusiast, HitPaw Photo AI is your ultimate tool for unleashing the full potential of your photos.
  • HitPaw Photo AI is now compatible with Windows 11/10/8/7 64-bit and and macOS 10.15 and above.

Visa Lighting Launches New Terra Collection of Architectural Pendants

Retrieved on: 
Tuesday, April 16, 2024

MILWAUKEE, Wis., April 16, 2024 /PRNewswire-PRWeb/ -- Visa Lighting, a leader in architectural lighting for over 60 years and still proudly manufacturing all of its luminaires in the USA, has launched the Terra Collection, a series of four new commercial decorative pendants with both up and down lighting.

Key Points: 
  • MILWAUKEE, Wis., April 16, 2024 /PRNewswire-PRWeb/ -- Visa Lighting, a leader in architectural lighting for over 60 years and still proudly manufacturing all of its luminaires in the USA, has launched the Terra Collection, a series of four new commercial decorative pendants with both up and down lighting.
  • Inspired by the beauty of nature, the Terra Collection combines minimalist design with clever manufacturing techniques to yield a group of discreetly sophisticated pendants packed with functionality.
  • "The Terra collection is an exploration of adaptable and scalable forms created through clever use of our core manufacturing methods", said Hans Nielsen, Product Designer for Visa Lighting.
  • Learn more about all of Visa Lighting's architectural, healthcare, and behavioral/mental health lighting products by visiting visalighting.com.