Visa Inc. posted today its financial results for the fiscal second quarter. Net Income for the quarter was $1.6 billion. *|MC:SUBJECT|*
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1st May 2015
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Headline News

Visa Inc. posted today its financial results for the fiscal second quarter. Net Income for the quarter was $1.6 billion.

Visa announces Q2 net income of $1.6 billion
 

Sarah Gill from our partner publication StrategyEye gives us the lowdown on the insights from last night’s Future of Payments event, which featured presentations from key players Stripe, Klarna, iZettle and Adyen.

‘The Future Of Payments’ - What you missed at StrategyEye's sold-out event
 
New Products & Technology

Visa Europe launches Visa Europe Collab, an international innovation hub that will identify and nurture new ideas in payment technology.

 Visa Europe Collab to nurture payments innovation
 

Banking group TSB has committed to improving both its digital and retail space by directing £250m worth of funding into a ‘local banking on demand’ service.

TSB uses £250m investment to create ‘Bricks and Clicks’ service
 
Partnerships

The US is switching to chip-and-PIN services in October 2015 and the payments industry is rolling out an educational programme that aims to simplify the transition.

Payments industry seeks to prepare US for chip-and-PIN adoption
 
VC

Digital money management providers MX has announced that it has raised $30 million in Series A financing, paving the way for an extension into Asia.

MX raises $30m as it plans Asian expansion
 
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