Visa is a global payments technology company that facilitates digital payments through its extensive network, enabling secure and efficient transactions for consumers, merchants, and financial institutions. By providing a variety of services, including credit and debit card processing, electronic payment solutions, and fraud prevention, Visa connects buyers and sellers across the world. The company plays a crucial role in the modernization of the payments landscape, continually innovating to enhance user experience, expand access to financial services, and support economic growth through its partnerships with various stakeholders in the financial ecosystem. Read More
This move marks a strategic extension of Visa’s blockchain-based payment framework across emerging regions where demand for digital settlement continues to grow.
Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for the large payment networks like Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA).
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
