Visa Expands Banking Infrastructure Reach
Visa Inc. (V) is strengthening its role in banking infrastructure by combining the capabilities of Pismo and DPS to address growing demand for modern issuer-processing solutions.
The strategy could help Visa expand relationships with smaller and midsized banks and fintechs, giving it a greater role in the technology infrastructure that supports everyday banking.
Pismo provides a cloud-native, API-based platform covering products including debit, credit, commercial payments and current accounts, while DPS remains a leading U.S. debit issuer-processing platform.
Visa is expanding these capabilities with DPS Full Service Credit, an integrated credit issuer-processing solution combining Visa, DPS and Pismo for fintechs and small to midsized banks.