Visa announces fintech partnership to help companies eliminate $33 trillion in paper checks

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Visa announces a fintech partnership to help companies eliminate $33 trillion in paper checks.

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Marketing services deals reached $33 billion in 2018, tech companies leadMergers and acquisitions (M&A) in the marketing world reached $33 billion in 2018, an increase of 144 percent on the previous year, according to consultancy R3. Technology companies rather than agency holding groups were the biggest spenders.
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China is still reportedly dragging its feet in opening its market to Visa, MastercardOn Monday, the Financial Times reported, citing two sources, that the People's Bank of China has not yet formally acknowledged applications from Visa and Mastercard to process yuan payments. Trump is busy waging war on China economically and against Chinese electronic companies -- so why should China support USA financial networks Holding foreign financial institutes like Visa and Mastercard hostage hurts both countries's businesses and consumers. To get around it, I think Master and Visa should open a subsidiary like Visa China and Mastercard China.
Source: CNBC - 🏆 12. / 72 Read more »