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Circle shares climb after Q2 results, federal bank charter approval and higher guidance
InvestorsHub2h agoneutral
Circle shares climb after Q2 results, federal bank charter approval and higher guidance

Circle Internet Group (NYSE:CRCL) shares rose around 7% in pre-market trading after the stablecoin issuer reported second-quarter results in line with expectations, secured the first federal bank charter granted to a stablecoin company and raised parts of its full-year outlook. The company also announced that BlackRock, Visa and Mastercard will serve as validators for its upcoming blockchain network.

Every Bank Needs A Stablecoin Strategy: Sheffield
Bloomberg21h agoneutralVIDEO
Every Bank Needs A Stablecoin Strategy: Sheffield

Cuy Sheffield, Head of Crypto at Visa, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." They discuss that Visa has unveiled it's own stablecoin platform. It's designed to let financial firms issue, move and manage stablecoins.

Trump backs card bill, again
Payments Dive1d agoneutral
Trump backs card bill, again

The president called card interchange fees a “ripoff” in a social media post backing the Republican co-sponsor of a bill aimed at reducing them.

Visa’s Latest Deal Signals New Era in Fighting Digital Scams
Barrons.com1d agoneutral
Visa’s Latest Deal Signals New Era in Fighting Digital Scams

Visa’s latest deal could signal a new era in fighting digital scams as artificial intelligence-enabled fraud spreads. The payments giant plans to buy BioCatch, a provider of fraud intelligence technology, for $2.4 billion in cash. Visa said the addition of BioCatch will complement its current security efforts and help clients better protect themselves and their customers from the growing threat of account takeovers, scams, money mules, and application fraud.

Visa beefs up cybersecurity offerings with $2.4 billion BioCatch deal
Reuters2d agoneutral
Visa beefs up cybersecurity offerings with $2.4 billion BioCatch deal

Visa said on Monday it would buy fraud intelligence provider BioCatch for $2.4 billion in cash ‌from investment firm Permira and other investors, marking the ‌card giant's latest effort to beef up its cybersecurity offerings. The deal would help ​the world's largest payment processor further bolster its existing cyber, fraud, risk and security offerings and enable it to help clients better protect themselves in an increasingly complex threat environment, Visa said.

Forkast News4d agoneutral
Circle’s NYDFS Trust Charter Completes a Regulatory Depth Moat No Other Stablecoin Issuer Can Match

The stablecoin wars are currently bifurcating into two distinct strategic architectures: the scale-at-all-costs model and the regulatory depth moat. While the Open USD consortium—a coalition of 140-plus members including Visa, Mastercard, Stripe, BlackRock, and BNY—bets on massive distribution and a revenue-sharing model to capture market share, Circle Internet Group, Inc. (NYSE: CRCL) is doubling down […]

Visa (V) Stock Sees Modest Fair Value Lift After Strong Q3 Analyst Revisions
Simply Wall St.5d agoneutral
Visa (V) Stock Sees Modest Fair Value Lift After Strong Q3 Analyst Revisions

Visa’s fair value estimate has shifted from US$398.83 to US$411.63, giving investors fresh context for where some analysts now see the stock’s long term potential. The change sits alongside bullish commentary that focuses on recent fiscal Q3 results, payments volume trends, and what these analysts view as growth opportunities in value added services and stablecoin related products. Read on to see how these moving targets are shaping the current Visa story and how you can keep track as the...

Coinbase Global Q2 Earnings Call Highlights
MarketBeat5d agoneutral
Coinbase Global Q2 Earnings Call Highlights

Coinbase Global (NASDAQ:COIN) executives said the company is pursuing growth through a broader product lineup, stablecoin partnerships, subscriptions and infrastructure initiatives, while maintaining its focus on trusted custody and expanding its Base blockchain ecosystem. During the company’s seco

Elon Musk aims at Venmo with one bold perk
TheStreet5d agoneutral
Elon Musk aims at Venmo with one bold perk

X, the platform formerly known as Twitter, rolled out X Money on July 27 to all US Premium and Premium+ subscribers, bundling a branded Visa debit card, peer-to-peer transfers, and 3% cashback on purchases, the Associated Press reported. The service runs on banking infrastructure from Cross River ...

Visa vs PayPal: The Post Earnings Winner
24/7 Wall St.5d agoneutral
Visa vs PayPal: The Post Earnings Winner

Visa crossed $4 trillion in global payments volume the same quarter PayPal brought in a new CEO to salvage branded checkout, and the two earnings reports could not paint a more different picture of where fintech power is actually concentrating.