In a groundbreaking move towards advancing the digital payments landscape in Egypt, Visa, a global leader in digital payments, has inked a Memorandum of Understanding (MoU) with Egyptian Banks Co. for Technological Advancements (EBC). This pivotal collaboration, conducted in coordination with the Central Bank of Egypt (CBE), aims to reshape the horizon of instant payments...
Tag: Visa
Visa Successfully Concludes Acquisition of Cloud-Native Platform, Pismo
Visa has achieved a significant milestone with the successful completion of its acquisition of Pismo, a global cloud-native issuer processing and core banking platform. This strategic move positions Visa to provide clients with comprehensive core banking and card-issuer processing capabilities across all product types through cloud-native APIs. With the transaction finalized, the collaboration between Visa...
Visa adds more digital wallets to CIBC and Simplii Global Money Transfers
Visa, a global payments technology company, and CIBC (Canadian Imperial Bank of Commerce) have joined forces to introduce a groundbreaking collaboration, poised to redefine cross-border money transfers for the clients of CIBC and Simplii. Leveraging the cutting-edge capabilities of Visa Direct, this collaboration aims to provide enhanced convenience for sending funds across borders, catering to...