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.
Visa Inc. reports developments in digital payments, money movement and network services for consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Company news commonly covers financial results, investor conference participation, brand and commerce partnerships, and capital-structure actions, including exchange offers involving Class B common stock.
Operational updates include partnerships tied to commerce and sponsorship platforms, expansion of stablecoin settlement pilots across blockchain networks, and programs such as Visa Intelligent Commerce and Agentic Ready for AI agent-initiated payments. These announcements describe how Visa extends its payments network into cardholder experiences, issuer and acquirer settlement, and emerging commerce workflows.
Visa Inc. (NYSE: V) will report its fiscal fourth quarter and full-year 2021 financial results on October 26, 2021, after market close. Results will be shared with the Securities and Exchange Commission and posted on the Visa Investor Relations website. A live audio webcast discussing the results and business highlights will take place at 2:00 p.m. PT (5:00 p.m. ET). Currently, Visa is in a ‘quiet period’ until the earnings release, ensuring no interaction with the investment community.
Visa (NYSE: V) has expanded its Visa Installments program in Australia through a partnership with ANZ and Quest Payment Systems. This initiative allows customers to utilize existing ANZ credit cards for Buy Now, Pay Later financing without additional steps during checkout. Consumers can select repayment terms from 3 to 24 months, with no interest options available.
A survey indicated high demand for BNPL services in Australia, with 90% of participants likely to use installment options from their banks. This program is set to enhance customer experience and broaden financing options.
Visa Inc. (NYSE: V) has announced plans to expand its presence in Atlanta by opening a new office in 2022. The office will support approximately 1,000 employees and feature technology and client services teams. Visa aims to invest in the local community by partnering with educational institutions to develop critical skills, supporting small businesses, and enhancing supplier diversity. The expansion reflects Visa's commitment to building a stronger local presence in areas where it operates, ultimately contributing to the economic growth of Atlanta.
Cousins Properties (NYSE: CUZ) announced that Visa (NYSE: V) has signed a long-term lease for approximately 123,000 square feet at 1200 Peachtree in Midtown Atlanta. This move is expected to generate around 1,000 new jobs in the region as Visa establishes a permanent office presence, with initial occupancy anticipated in Q4 2022. Cousins acquired the property in 2019 and plans significant renovations to enhance its appeal for multi-customer use following Norfolk Southern's move to a new headquarters.
Visa (NYSE: V) announced the promotion of Kelly Mahon Tullier to Vice Chair, Chief People and Administrative Officer, and Julie Rottenberg to Executive Vice President, General Counsel, effective October 1, 2021. Tullier will lead Visa's People organization and replace Jennifer Grant, the current Chief Human Resources Officer, who will step down at the end of the year. Rottenberg will oversee Visa’s global Legal and Compliance function. Both leaders have extensive experience and have significantly impacted Visa during their tenures.
Visa Inc. (NYSE: V) expands its benefits for U.S. Consumer Credit cardholders by partnering with Shipt, Skillshare, and Sofar Sounds. Eligible cardholders will receive free Shipt membership for same-day grocery delivery, access to Skillshare's online classes, and presale concert tickets from Sofar Sounds. Benefits vary: Visa Infinite members get up to three years of free Shipt, while all other cardholders receive varying durations of free or discounted memberships. These offerings aim to enhance user experience and value for Visa cardholders.
Visa has digitally enabled around 16 million small and micro businesses (SMBs), achieving over 30% of its 2020 goal to digitize 50 million SMBs globally. Research indicates a growing consumer preference for contactless payments, with 74% of SMBs anticipating ongoing demand. Visa's initiatives include multi-million dollar grants and digital education programs, highlighting a shift toward digitally-native entrepreneurship. The latest Visa Back to Business study underscores the importance of online security and the challenges SMBs face, while also indicating optimism in new business opportunities.
Summary not available.
Chase and Visa are partnering to support local nonprofit New York Cares. Starting today and running through September, every tap of a Chase Visa contactless card on MTA subways and buses will result in a 10-cent donation, up to $250,000. This initiative aims to aid New Yorkers in recovery post-pandemic. Contactless payment usage on MTA has surged by over 225% since January 2021, reflecting growing demand for convenient payment methods. Chase has issued over 50 million contactless cards, with tap transactions increasing by 126% in 2021.
Visa Inc. (NYSE: V) will participate in the virtual Deutsche Bank Technology Conference on September 9. Vice Chairman and CFO Vasant Prabhu is scheduled to present at 11:50 a.m. Eastern Time, with the presentation lasting approximately 35 minutes. A listen-only audio webcast will be available for 30 days on the Investor Relations website. Visa is a leader in digital payments, offering a secure and innovative payment network globally, processing over 65,000 transactions per second.