The Big OnePayments & Fintech
Visa's CEO says trust is the biggest barrier to scale
Visa's credential base reached 5.2 billion at the end of its fiscal fourth quarter, up 6%. On the earnings call on Oct. 27, CEO Ryan McInerney said "in agentic, trust is the biggest barrier to scale", and Visa expects its nearly 50 AI partners in production to double in the coming months.
NoteVisa's own framing puts identity and spending authority at the center of agent purchases, which are the checks banks and card issuers will also need to build into their agent products.
Read the original
The Morning Note, by email
The AI-in-finance stories that matter, before work
One short email each morning, readable in under three minutes. Free, and you can leave anytime.