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Visa (NYSE: V) today announced it has signed a definitive agreement to acquire Tink, a European open banking platform that enables financial instituti 
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The European Central Bank is floating the idea of using instant payment rails to link up national card schemes as a means to break the duopoly enjoyed by Visa and Mastercard, who between them account for over 80% of all EU card transactions.
Vineet Anand's insight:
Will instant payments lead to the fall of V/MC powerhouse? Connecting the different EU based country payment systems can breed a new scheme that is cheaper and faster, however it needs a lot of collaboration between banks across countries and merchants.Â
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IBM has struck a deal with Visa which will give all of Big Blue's Watson IoT platform customers access to the card giant's payment services
Vineet Anand's insight:
Watson IoT platform to open payment API's for access to Visa token service.
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Finextra: Hot payments startup Stripe has landed a new round of funding from investors including American Express, Visa and Sequoia Capital, valuing the San Francisco-based company at $5 billion.
Vineet Anand's insight:
Stripe signs deal with Visa for website 'buy buttons' and payment security. The company is now valued at $5B!
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Finextra: Visa has signed four of the UK's largest banking brands for the full-scale commercial roll out of its V.me digital wallet for online shopping.
Vineet Anand's insight:
TSB, Lloyds, Halifax and Bank of Scotland for V.me commercial roll out!
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Dunkin' Donuts, Williams-Sonoma and others will accept Visa Checkout, Visa announced May 19. The service's expansion impacts Australia, the U.S. and Canada.
Vineet Anand's insight:
Visa Checkout gains greater traction with issuers and merchants and will be in 16 markets by year end!
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
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Tink for European Open Banking will be a great asset in the PSD2 environment given the fallout over the Plaid acquisition by DoJ. Great move by Al to drive innovation in open banking space!