Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

Why Visa Stock Is Rising Today

Visa Inc. (NYSE: V) shares are rising Thursday after the company announced the acquisition of Pismo on Wednesday.
byRyan Gustafson
June 29, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

Visa Inc. (NYSE:V) shares are rising Thursday after the company announced the acquisition of Pismo on Wednesday.

What To Know: The acquisition of Pismo will strategically position Visa to offer clients core banking and issuer processing capabilities across debit, prepaid, credit, and commercial cards by leveraging cloud-native APIs.

Furthermore, Pismo’s platform will allow Visa to provide support and connectivity for emerging payment networks, such as Pix in Brazil, catering to the specific requirements of financial institution clients.

“Through the acquisition of Pismo, Visa can better serve our financial institution and fintech clients with more differentiated core banking and issuer solutions they can offer their customers,” said Jack Forestell, Chief Product and Strategy Officer, Visa.

The transaction is expected to close by the end of 2023.

Related Link: AstraZeneca’s Imfinzi/Imjudo Combo Shows Sustained Overall Survival Benefit At Four Years In Liver Cancer

V Price Action: Shares of V were up 2.66% at $234.03 at the time of publication, according to Benzinga Pro.

Image by falco from Pixabay

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Reported Late Tuesday; Shaw, Rogers And Quebecor Welcome The Decision By The Federal Court Of Appeal; Tribunal Rejected The Challenge Of The Proposed Acquisition Of Freedom Mobile By Videotron, A Wholly Owned Subsidiary Of Quebecor Inc., And The Combin…

By Benzinga Newsdesk
January 25, 1:45 AM
Companies are working to secure final approval of transactions CALGARY, AB, TORONTO and MONTREAL, Jan. 24, 2023 /CNW Telbec/ - Rogers Communications Inc., Shaw Communications Inc., and Quebecor Inc. today provided the following statement on the decision by the Federal Court of Appeal.

RCI

Read More

Gorilla Named Daphne Huang as CFO

By Charles Gross
July 25, 6:03 AM
Gorilla Technology Group Inc. ("Gorilla") (Nasdaq: "GRRR" for ordinary shares and "GRRRW" for warrants), a global leader in edge artificial intelligence ("Edge AI") headquartered in Taipei, Taiwan, today announced the appointment of Daphne Huang as its Chief Financial Officer. Ms.

GRRR