In brief
AI-generated, editorially reviewed
- Visa's issuing, acceptance, risk and security businesses are growing over 20%, with Pismo cloud platform operating in 28 markets including a new Wells Fargo contract.
- Token pricing programme launched in April achieved 60% e-commerce penetration and 300-basis-point lift from digital authentication incentives, exceeding initial expectations.
- Visa identified cybersecurity, stablecoins and agentic commerce as growth opportunities through BioCatch acquisition and Pismo integration into stablecoin platform.
Description
(AWP Alliance News) - Visa's issuing, acceptance, risk and security businesses are growing more than 20%, Value-Added Services President Andrew Torre told KBW analyst Sanjay Sakhrani at the KBW Fintech Ecosystem Conference on Nov. 10, 2026. Torre highlighted demand for Pismo, its cloud-based processing and core banking platform, which operates in 28 markets and secured a Wells Fargo ledger contract. He expects banks' migration from legacy core systems to unfold over five to 10 years.
Token pricing began in April, with e-commerce token penetration at about 60%; a digital authentication incentive program delivered a 300-basis-point lift, exceeding expectations of 100 to 200 basis points. Torre also identified cybersecurity, stablecoins and agentic commerce as growth opportunities, citing the pending BioCatch acquisition and plans to integrate Pismo into the company's stablecoin platform.
https://docs.publicnow.com/DBBDD6BAC2D91189BD4B6936A05E619D4936F0A2
Disclaimer: This news brief was created using generative artificial intelligence. Visa Inc. published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.
