- Third-quarter EPS of 61 cents, beating consensus estimate of 54 cents.
- Total revenue of $3.675 billion also beats.
- Investment management fees rise 7% year-over-year
Visa steps up its game in the blockchain technology space, inviting banks to join its European innovation hub in testing a cross-border settlement platform with BLT Group.
Deutsche Bank, Banco Santander, and Bank of New York Mellon are teaming with broker ICAP, technology company Clearmatics, and UBS Investment Bank to create a "utility settlement coin."
The technology could mean banks would not necessarily have to move to the EU.