Visa has decided to abandon its open banking initiatives in the U.S. amid ongoing debates about data access and privacy. The move reflects the complexities and challenges within the rapidly evolving financial technology landscape in America, where regulatory pressures and consumer concerns are intensifying.

Visa has participated in a $4.9 million Seed funding round for HoneyCoin, a stablecoin-compatible payment platform. HoneyCoin, which allows real-time payments and operates across over 45 markets, seeks to expand its team and enhance its services with the new capital. CEO David Nandwa envisions transforming financial infrastructure akin to Apple's impact on computing and Visa's on commerce.

Visa continues to lead the digital payments space with its innovative product ecosystem and advanced processing network, VisaNet, which facilitates secure transactions globally. The company is expanding into new payment flows, including B2B and P2P, and enhancing security through initiatives like tokenization, while also providing value-added services to optimize customer experiences. With a commitment to facilitate commerce across over 200 countries, Visa aims to uplift everyone in their payment experiences.

Visa has announced partnerships with Klarna and Zilch to launch innovative flexible debit cards that integrate various payment options, allowing consumers to choose their preferred payment method while shopping. The cards aim to provide a user-friendly experience and cater to the growing demand for accessible payment solutions among consumers, with a significant waitlist already established in the US.

Rain has partnered with Visa to join a pilot program for stablecoin settlement, enabling onchain credit card transactions to settle in USDC year-round. This collaboration allows for more efficient capital management and enhances the utility of stablecoins in global payments, while also introducing innovative financing solutions for credit card receivables. Rain aims to integrate blockchain technology with traditional financial systems, improving payment accessibility and operational efficiency.

Lithic has integrated Visa's Account Level Management (ALM) through the VCPE API, enabling faster delivery of premium card programs for fintech partners without the need for card re-issuance. This integration allows for near real-time enrollment into programs like Visa's Signature offerings, enhancing cardholder experiences and improving program economics by assessing spend at the account level. Currently available in the U.S. and Canada, the integration aims to facilitate personalized rewards and benefits for cardholders.

Visa has partnered with Bridge to introduce stablecoin-backed Visa cards, enabling users to make purchases using stablecoins at any merchant that accepts Visa. The product will initially launch in several Latin American countries, allowing merchants to receive payments in local currencies. This collaboration aims to integrate stablecoins into Visa's existing payment network, enhancing consumer choice.

Visa has launched the Commercial Integrated Partners Program aimed at streamlining integrations for fintech companies. In addition, Visa reported strong Q2 2025 earnings, introducing products like Visa AR Manager and partnering with Webull to enhance real-time money movement for users.