The Latest Breaking News from Visa

Visa Stock Looks Attractive After Layoffs, Strong Earnings

Visa's investments should meaningfully boost its top and bottom lines in the longer term.

Barchart · Aug 1

Elon Musk launches X Money

The X platform, formerly Twitter, has moved another step closer to becoming an "everything app" by launching X Money for X Premium and Premium+ subscribers, allowing users to deposit funds, transfer money and pay bills directly within the official application.

Bangkok Post · Aug 1

Chime to cut 10% of total workforce on AI driven efficiencies

Fintech firm Chime is reducing its workforce by ten percent. This move aligns with a broader trend of companies using AI for operational efficiencies. Chime's CEO noted smaller teams are now moving faster and achieving more. Other financial companies like Block and Visa have also announced job cuts. These changes…

The Economic Times · Jul 31

Beyond Bitcoin: Crypto trends investors should watch over the next 6 months

CoinDCX Co-founder Sumit Gupta writes that disciplined investing through crypto SIPs is replacing market timing. Beyond Bitcoin, structural value is forming across stablecoin payment rails, real-world asset tokenisation led by institutions like BlackRock, and emerging AI agentic commerce infrastructure.

The Economic Times · Jul 29

Payments Giant Visa Cuts 2,600 Jobs as CEO Accelerates AI Push and Global Expansion

Visa plans to cut 2,600 jobs globally as it restructures to focus on AI and high-growth areas, including geographic expansion, amid a challenging digital payments landscape.

International Business Times UK · Jul 28

Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfers

Elon Musk's social media company X, previously Twitter, has launched X Money, a bank account-like service for users to send money to each other

The Independent UK · Jul 28

V Stock Layoffs: What to Know About the Latest Visa Job Cuts

Visa shares rally on plans to lower its global headcount by 7%. Here’s how you should play V stock ahead of the company’s Q3 earnings today after market close.

Barchart · Jul 28

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 · Jul 28

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 · Jul 28

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 · Jul 28