The Latest Breaking News from Visa Inc

Booking Holdings Inc (NASDAQ:BKNG) owned travel platform Agoda has partnered with Visa Inc (NYSE:V) to offer interest-free credit card installments across its booking platform. The installments are exclusively applicable to HSBC Bank Malaysia credit card holders. Visa and Agoda plan to progressively roll out the offering regionwide to locations like Australia, Hong Kong, Singapore, Thailand,…

The stock market faces intense selling pressure due to ongoing geopolitical and macroeconomic headwinds. However, the number of S&P 500 companies beating earnings expectations exceeds the five-year average. Mega-cap companies Visa (V), Meta Platforms (FB), and Microsoft (MSFT) reported quarterly results last week, handily beating Street estimates. Let’s discuss.

S&P 500 will reclassify the sectors of some significant shares in 2023. Payment processing companies currently classified as tech firms would join the financial industry.  Other tech names providing outsourcing or human resources support would come under industrial stocks. The dominance of tech stocks in the S&P 500 would likely shrink following…

Visa Inc's (NYSE:V) short percent of float has risen 4.97% since its last report. The company recently reported that it has 27.82 million shares sold short, which is 1.69% of all regular shares that are available for trading.

Shares of payments stocks Tuesday climbed, with Mastercard Inc (NYSE: MA) and PayPal Holdings Inc (NASDAQ: PYPL) rising more than 4% each, Visa Inc (NYSE:

Visa Inc's (NYSE:V) short percent of float has risen 7.33% since its last report. The company recently reported that it has 26.55 million shares sold short, which is 1.61% of all regular shares that are available for trading.

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube and Google Play store halted every payment-based service in Russia, including subscriptions, Reuters reports. Western sanctions have started to pose banking challenges in Russia.  Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) blocked Russian banks from their networks following sanctions. Google and YouTube had recently stopped selling online advertising in Russia following Twitter Inc (NYSE:TWTR)…

Dollar General Corp (NYSE:DG) has introduced a series of new financial services aimed at increasing access to banking options and providing additional customer payment options. The new services include the Spendwell banking platform, a buy-now, pay-later test program with Sezzle, and new FIS Worldpay card reward points payment options. Through a partnership with InComm…

Leading payment processor Visa Inc (NYSE:V) collaborated with payment and financing firm Tribal, Reuters reports. Visa looks to expand its offerings for small-and-medium-sized businesses in Latin America and the Caribbean. The partnership would expand credit lines, update encryption and safety measures, and improve card distribution. Tribal backed by investors including SoftBank Group Corp's (OTC:SFTBY) (OTC:SFTBF)…