Market Overview

Visa To Acquire Verifi

Share:

Visa Inc (NYSE: V) will acquire Verifi for an undisclosed amount.

Verifi is a payment protection and management firm founded in 2005. The combination of Verifi’s dispute resolution tools with Visa’s risk and fraud management tools will give buyers and sellers data-driven tools.

"Facilitating trust and transparency across the buying experience is core to Visa's brand promise and Verifi's technology and expertise will extend these capabilities to more partners across the payments ecosystem," said Mary Kay Bowman, global head of seller solutions, Visa.

Visa shares traded up 0.5% at $171.94 on Friday afternoon. The stock has a 52-week range between $174.94 and $121.60 per share.

Related Links:

Visa Will Acquire Payments Portfolio From Rambus

Report: Facebook's Planned Cryptocurrency Has Visa, PayPal, Others On Board

 

Related Articles (V)

View Comments and Join the Discussion!

Posted-In: Cryptocurrency M&A News Markets

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com