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Stock impact report

What Plaid's $5.3 Billion Acquisition Means For The Future Of Fintech And Open Banking [Yahoo! Finance News]

Visa Inc. (V) 
Last visa inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.visa.com
Announced last month, the Visa Inc. The impact of this purchase could represent a potentially massive sea-change for consumers who, thanks to the proliferation of fintech, are still migrating to online marketplaces and vendors for more sophisticated transactions. This is particularly true in the fintech lending space, which according to Visa’s materials about the acquisition makes up the largest market The shift to online financial ecosystems is something Credibly 343 small- and medium-sized businesses But now, with one of the world’s most widespread API providers under the ownership of a major credit card company, the question is: will the buyout foster fintech’s growth and hasten open banking, or will it hamper both? Opening The Book On Open Banking While open banking has been a core consideration internationally, with UK and European regulators implementing or considering rules requiring large financial institutions to share this information, the issue has largely been overlooked i Show less Read more
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