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The Latest Breaking News from Visa

The Erling Haaland boom: Norway's 'pop-up economy' during the World Cup revealed in Visa data

Wherever and whenever Norway was playing, taxidermy raccoon aside, a "pop-up economy" followed.

Fortune

Visa Is Reportedly Planning To Cut Thousands Of Jobs. AI Played a Role In The Decision

Visa is planning to cut thousands of jobs in an efficiency push, according to a new report.

International Business Times

Visa to lay off 7% of staff as efficiency push deepens

Visa plans to reduce its workforce by approximately seven percent. This significant job cut will primarily affect technology and product teams. The company cited evolving operations due to artificial intelligence advancements. Visa reported strong quarterly financial results despite these planned workforce reductions. Rival companies like Mastercard and Block have also…

The Economic Times

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Elon Musk rolls out new payment platform X Money

Users can send, receive, or request money from others via X Money

The Independent UK

'The World's Most Powerful Network': X Money Rolls Out, Challenging Venmo, Robinhood, Apple Pay

Elon Musk‘s X Money is no longer a concept — and its latest expansion puts it on a collision course with major players across consumer payments, from fintech cards to bank-backed rails.

Benzinga

Costco Cash Back Rewards: What You Need To Know

Two important things happen to many Costco members in February. First, it is often the month when the Costco membership renewal notification arrives, which may also include the Executive Membership 2% Reward certificate. Second, it is the month when cardholders receive the annual cash-back rewards from the Costco Anywhere Visa®…

Clever Dude

Can a shop charge you extra for paying by credit card? Here's what every card user should know

Can merchants legally charge customers extra for credit card payments? The Reserve Bank of India regulates these payment systems and card acceptance rules. Consumers should check final amounts and report unauthorized transactions immediately.

The Economic Times

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PayPal Rejected a $53 Billion Takeover Bid: Is the Stock Undervalued?

PayPal rejected a $53.4 billion buyout bid from Stripe and Advent International, but its PYUSD stablecoin, Visa integration, and improving fundamentals suggest shares may still be undervalued.

MarketBeat

Fast withdrawal casino: Best instant withdrawal casino sites in the UK

Payout times across UK-licensed casinos have been tested to find the fast withdrawal casinos actually delivering funds in minutes

Evening Standard

There's now a Samsung Galaxy credit card with some interesting perks – here's what you get

So there was another Samsung Galaxy product being launched this week, after all

Samsung Galaxy Card launches in the US to take on Apple Card: 5% cash back, $200 bonus, no annual fee

Samsung Galaxy Card reward: Samsung has launched its first branded credit card, the Samsung Galaxy Card, in the United States. This new Visa card, developed with Barclays, offers cashback rewards on Samsung purchases and everyday spending. Cardholders can earn up to five percent cashback on eligible Samsung purchases and three…

The Economic Times

Samsung Galaxy Card takes aim at Apple Card with way more perks and rewards — here’s what you get

Samsung's new Barclays-issued Galaxy Card aims to challenge the Apple Card by offering loyalists 5% cash back on direct brand purchases and 3% on all mobile wallet transactions.

Tom’s Guide

Agentic commerce is coming—and the battle to build its infrastructure is on

Also: All the news and watercooler chat from Fortune.

Fortune

The Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That's an Overestimation

A new report estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years.

International Business Times

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The Guardian - UK

Beijing’s message to the world’s tourists: come here and judge China for yourselves

By relaxing visa rules, Beijing has two things on its mind – boosting its economy and improving its self-image, says Center for China and Globalization deputy secretary-general Zichen Wang

Fortune

Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants

The new platform lets banks and fintechs mint, move, and manage stablecoins directly through its network.

Kiplinger

3 Things I Like About the Costco Anywhere Visa by Citi

Kiplinger readers rated the Costco Anywhere Visa by Citi one of their favorites, and I agree.

Barchart

What You Need To Know Ahead of Visa’s Earnings Release

Visa is set to report Q3 earnings next month, with analysts expecting high single-digit EPS growth.

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news in one place.

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MarketBeat

Fiserv’s Debit Network Talks Raise a Bigger Question for Visa and Mastercard

Big banks are reportedly weighing a $15 billion bid for Fiserv's STAR debit network to bypass Durbin fee caps, as Visa and Mastercard face settlement costs and stablecoin competition.

The Economic Times

Filing ITR for easy loans, visas, and scholarships - sounds strange? Know why filing ITR is more important than you think

Consistently filing Income Tax Returns creates a verifiable financial document. Banks often request these returns to assess loan applicant income stability. ITRs also help demonstrate financial capacity for visa and study abroad applications. Landlords and businesses may seek ITRs for tenancy and partnership evaluations. Preserving complete tax records is crucial…

International Business Times

Twelve Years Later, Apple Pay Finally Has Competition. Here Is Why.

Near-field communication is the technology that lets a phone stand in for a card at checkout. For 12 years, only Apple Pay could use it. No outside developer, whatever its funding or intent, could build a wallet that worked natively at the register. An antitrust ruling ended that arrangement.

The Times of India

Have you ever faced harm or mistreatment in India? Why US visa officers ask this question to every candidate

Almost all interviews for a US visa start with a question on whether the applicant has ever faced harm or mistreatment in India. This is a mandatory question that the visa officers ask to begin the interview to know whether the applicant has any chance of seeking asylum in the…

MarketBeat

Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure

A 140-member consortium launched Open USD with shared-yield architecture, pressuring Circle's reserve-based model while benefiting Visa and other legacy payment networks.

The Times of India

Indian missions in UAE launch online appointment system for passport, visa services amid transition

Following disruption in outsourced consular services, Indian Embassy in Abu Dhabi and Consulate in Dubai introduce advance booking portal; emergency cases to get priority.

International Business Times

XRP at $1.08: Ripple Keeps Winning, So Why Won't the Price Move?

XRP limped out of June down roughly 20%, starting the month near $1.30 and closing around $1.04, its weakest level since late 2024.

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