Michael Brown, Visa principal U.S. economist, joins 'Squawk Box' to discuss the state of the consumer, bifurcation in consumer spending, 2026 outlook, and more.
Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to preliminary figures released by Visa and Mastercard on Tuesday.
U.S. holiday retail spending increased 4.2% year over year, not adjusted for inflation, according to preliminary data from Visa. E-commerce spending jumped 7.8%, though physical stores still captured nearly three-quarters of all spending.
Zacks.com users have recently been watching Visa (V) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Visa and Mastercard will reportedly pay $167.5 million to settle a long-running ATM fee lawsuit. That's according to a report Friday (Dec. 19) from Reuters, citing court documents in a case that had accused the payment giants of conspiring to artificially boost ATM access fees.
V is teaming up with Akamai to secure AI-driven agentic commerce, authenticating shopping agents and intent to separate legitimate activity from fraud.
Visa said it successfully completed hundreds of AI transactions as part of a pilot program it kicked off after a product event in April. The credit care issuer has been working on tools to automate purchases for consumers.
Visa (V) stock may represent a strong buying opportunity at this time. Why? Because you receive high margins – indicative of pricing power and cash generation ability – for a discounted price.
V brings USDC settlement to U.S. partners, enabling 24/7 blockchain-based settlements and pushing stablecoins into core VisaNet workflows.
Banks can now settle transactions with Visa using Circle Internet Group's USDC.
Circle Internet Group (NYSE:CRCL) shares jumped 8.4% following Visa Inc (NYSE:V, XETRA:3V64)'s announcement that US banks can now settle transactions using the stablecoin USDC, a signal of broader institutional adoption of blockchain-based payment solutions. Visa's expansion brings stablecoin settlement to the US for the first time, initially allowing banking partners Cross River Bank and Lead Bank to settle using USDC on the Solana blockchain.
V launches a global stablecoins advisory practice, positioning itself as a guide for banks and fintechs entering the stablecoin market.