Visa Completes Acquisition of Pismo, Strengthening Core Banking and Card-Issuer Processing Capabilities

Visa announced today the completion of its acquisition of Pismo, a cloud-native issuer processing and core banking platform, enhancing core banking and card-issuer processing capabilities through cloud native APIs and supporting emerging payment schemes and RTP networks. The collaboration aims to broaden offerings and empower clients to launch innovative payments and banking products within a single cloud-native platform.