Welcome to our dedicated page for VISA news (Ticker: $V), a resource for investors and traders seeking the latest updates and insights on VISA stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VISA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VISA's position in the market.
Visa has introduced the Visa Account Attack Intelligence (VAAI) Score, powered by generative AI, to combat enumeration attacks in card-not-present transactions. These attacks lead to $1.1 billion in fraud losses annually, and Visa's new tool aims to reduce fraud and operational losses by assigning risk scores in real-time to detect and prevent such attacks. The VAAI Score uses generative AI components to identify complex enumeration attacks, reducing false positives by 85% compared to other models. It provides real-time risk scoring in 20 milliseconds and has been trained on over 15 billion VisaNet transactions. Visa's focus on security and reliability is evident through their significant investments in technology to combat fraud and increase network security, with over $10 billion invested in the past five years.
Visa Inc. and J.P. Morgan Payments have formed a strategic collaboration to revolutionize faster money movement in the US through Visa Direct. The collaboration aims to enhance merchant experiences, empower cardholders, and drive innovation by introducing faster domestic payments in the US. With Visa Direct's reach, J.P. Morgan Payments will enable businesses to embed faster payments into their solutions, providing secure movement of funds directly to recipients' accounts. This collaboration signifies a significant step towards creating a seamless, secure, and accessible money movement ecosystem for businesses and consumers.
Visa (NYSE:V) recently concluded an Exchange Offer for Class B-1 common stock, with the offer expiring on May 3, 2024. The company accepted 240,677,470 shares of Class B‑1 common stock, representing 98% of outstanding shares. Participants were given the option to exchange their Class B‑1 shares for a combination of Visa’s Class B‑2 common stock, Visa’s Class C common stock, and cash in lieu of fractional shares.
Visa (NYSE: V) announced its participation in upcoming investor conferences with key executives presenting at various events. The company aims to engage with investors and discuss its financial performance, product strategy, and global growth initiatives.
