https://www.scmp.com/rss/523402/feed The latest news and top stories on Visa Worldwide, one of the world's largest providers of credit cards and payment services, based in San Francisco. It operates VisaNet, a transaction processing network serving consumers merchants financial institutions and governments across over 200 countries. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Aileen Chuang Aileen Chuang Digital finance has moved into the mainstream as regulated stablecoins and tokenised assets scale up, but industry experts say 2026 will be defined by success in developing interoperable, regulated, use-case-driven rails rather than more digital silos. As more than 130 jurisdictions explore central bank digital currencies (CBDCs), alongside dozens of stablecoin initiatives and a growing array of tokenisation platforms, day-to-day payments and finance are undergoing a rapid structural... https://www.scmp.com/business/cryptocurrency/article/3338656/digital-finance-2026-what-expect-pilot-schemes-move-real-world-use?utm_source=rss_feed https://www.scmp.com/business/cryptocurrency/article/3338656/digital-finance-2026-what-expect-pilot-schemes-move-real-world-use?utm_source=rss_feed Sun, 04 Jan 2026 23:30:15 +0000 Eunice Xu Eunice Xu Elon Musk says he aspires to transform his social media platform X into “WeChat++”, akin to Tencent Holdings’ flagship super app, by integrating various social and finance features. On a recent People by WTF podcast hosted by entrepreneur Nikhil Kamath, Musk cited the extensive utility of WeChat as a model for X – previously known as Twitter, which he bought for US$44 billion in October 2022. “You can exchange information, you can publish information, you can exchange money,” Musk said,... https://www.scmp.com/tech/big-tech/article/3335048/elon-musk-reiterates-aim-transform-x-wechat-super-app?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3335048/elon-musk-reiterates-aim-transform-x-wechat-super-app?utm_source=rss_feed Wed, 03 Dec 2025 10:00:18 +0000 Harvey Kong Harvey Kong Tickets for South Korea’s 2025 MAMA Awards go on sale this Friday with several K-pop girl groups and three superstars from Blackpink among shortlisted artists for the major music awards ceremony in Hong Kong. The two-day event, which returns to the city after seven years, will be held at the 50,000-seat Kai Tak Stadium on November 28 and 29. Visa cardholders will have early access to two rounds of ticket presales on October 17, while general sales will begin on Monday. Visa is the event’s title... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329282/tickets-k-pops-mama-awards-hong-kong-go-sale-nominees-revealed?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329282/tickets-k-pops-mama-awards-hong-kong-go-sale-nominees-revealed?utm_source=rss_feed Thu, 16 Oct 2025 13:11:24 +0000 Bloomberg Bloomberg Visa is testing a pilot programme that gives financial institutions, banks and remittance providers the option of using pre-funded stablecoins to make cross-border payments faster and more flexible, without users having to tie up cash for extended periods of time. Visa Direct, the payment network’s real-time platform, will use Circle Internet Group’s USC dollar and EURC euro-backed stablecoins for the pilot. A representative of Circle did not reply to a request for comment. The Visa programme... https://www.scmp.com/tech/tech-trends/article/3327411/visa-tests-pre-funded-stablecoins-cross-border-payments?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3327411/visa-tests-pre-funded-stablecoins-cross-border-payments?utm_source=rss_feed Tue, 30 Sep 2025 10:38:18 +0000 Associated Press,Reuters Associated Press,Reuters Ticket prices for next year’s World Cup will range initially from US$60 for group matches to US$6,730 for the final, but could change as football’s top event adopts dynamic pricing for the first time. The prices are up from a range of US$25 to US$475 for the 1994 tournament in the United States and for the US dollar equivalent of US$69 to US$1,607 when ticket details were announced for the 2022 tournament in Qatar. Falk Eller, Fifa’s director of ticketing and hospitality, said there would be... https://www.scmp.com/sport/football/article/3324262/fans-face-2026-world-cup-rip-fifa-says-ticket-sales-subject-dynamic-pricing?utm_source=rss_feed https://www.scmp.com/sport/football/article/3324262/fans-face-2026-world-cup-rip-fifa-says-ticket-sales-subject-dynamic-pricing?utm_source=rss_feed Thu, 04 Sep 2025 04:00:23 +0000 SCMP Editorial SCMP Editorial People once worried whether stablecoins had any applications in Hong Kong. Now, the concern is that investors are getting a tad too enthusiastic. The stablecoin ordinance was passed in May and will take effect on August 1. The Hong Kong Monetary Authority warned not once but twice this month that some investors were already speculating based on vague concepts from some listed companies. It also cautioned against possible scams, money laundering and terrorism funding. HKMA chief executive Eddie... https://www.scmp.com/opinion/comment/article/3319818/hkma-right-warn-against-market-speculation-over-stablecoins?utm_source=rss_feed https://www.scmp.com/opinion/comment/article/3319818/hkma-right-warn-against-market-speculation-over-stablecoins?utm_source=rss_feed Mon, 28 Jul 2025 22:45:07 +0000 Kyodo Kyodo Japan’s antitrust watchdog said on Tuesday it had told Visa Worldwide to reform its business practices after concluding that the firm restricted and pressured card companies to use its credit information system. It marks the first administrative action taken by the Japan Fair Trade Commission against a credit card company. The commission said the global credit card brand’s Singaporean unit, which manages the Asia-Pacific region including Japan, had charged higher fees to other credit card firms... https://www.scmp.com/news/asia/east-asia/article/3319180/japanese-regulators-find-visa-pressured-firms-hiked-fees?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3319180/japanese-regulators-find-visa-pressured-firms-hiked-fees?utm_source=rss_feed Tue, 22 Jul 2025 12:32:32 +0000