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The Open Network Foundation has appointed former Visa executive Nikola Plecas as vice president of payments, signaling an accelerated push to develop comprehensive payment infrastructure for Telegram's billion-user ecosystem. The May 28 appointment positions Plecas to lead strategic initiatives ac

European Union antitrust regulators have expanded their investigation into Visa and Mastercard's fee structures, distributing questionnaires to terminal providers and payment companies as scrutiny intensifies over potential anti-competitive practices by the two dominant card processors. The probe, w

Global payments giant Visa has made a strategic investment in BVNK, a London-based startup specializing in stablecoin payment infrastructure, marking another significant step in the company's growing involvement in cryptocurrency innovation. What to Know: Visa invested in BVNK through its Visa Ve

Visa announced Wednesday it's partnering with leading AI developers to integrate their systems with Visa's payment network, potentially transforming how consumers shop by allowing AI agents to make purchases on their behalf. The initiative includes collaborations with Anthropic, Microsoft, OpenAI, P

Cardano's Layer 2 scaling solution Hydra has processed 2 billion transactions in four hours, surpassing the daily volume of global payments giant Visa. The development marks a significant breakthrough for the proof-of-stake blockchain platform. The achievement dwarfs Visa's daily transaction volume