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16.07.26 - 14:30
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Visa, Mastercard cards effectively absent from Russian market (TASS)
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Dmitry Dubynin added that such cards are subject to physical wear and tear, their chips' security certificates eventually expire, and all of this requires the NSPK to implement additional technical solutions to ensure they continue to function properly...
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14.07.26 - 13:30
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JPMorgan Chase Q2 Profit, AUM Climb; But Shares Drop (RTTNews)
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Banking major JPMorgan Chase & Co. reported Tuesday signifiacntly higher profit in its second quarter, benefited by one-time gains related to Visa and certain equity investments, as well as improved results in all segments. The company also reported strong growth in assets under management. Meanwhile, in pre-market activity on the NYSE, the shares were losing around 2.6 percent....
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13.07.26 - 20:36
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Visa′s $700 Billion Payments Empire Faces New Disruption Risks (24/7 Wall St.)
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Visa processed nearly 70 billion transactions in a single quarter, yet something beneath those blockbuster numbers is quietly shrinking the bottom line. Four consecutive quarters of nine-figure litigation charges tell one story, but stablecoins, real-time rails, and digital wallets are writing another....
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