Visa to acquire cloud-native issuer processor Pismo for $1bn

Visa to acquire cloud-native issuer processor Pismo for $1bn

Global payment systems leader Visa has announced a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with a presence spanning Latin America, Asia Pacific, and Europe. The landmark deal, worth $1 billion, underscores Visa’s commitment to strengthening its technological prowess and broadening its global footprint. Jack Forestell — Visa Chief […]

Citi TTS partners with Pismo to revamp demand deposit accounts

Citi TTS partners with Pismo to revamp demand deposit accounts

Citi Treasury and Trade Solutions (TTS) is stepping up its game by partnering with Pismo, a banking and payments software company known for its innovative technology. The collaboration will see Citi utilize Pismo’s tech platform to boost its corporate demand deposit accounts (DDA) offered to global clients, marking a significant move towards “always-on” capabilities and […]