Question-and-Answer SessionOkay. So I'll kick things off. We've got to do the big picture spending question upfront here, and then we can talk about the more interesting topics. But spending was a little bit bumpy in the fiscal third quarter, notably in June, rebounded nicely in July. Any color on how things have progressed so far in August and what you're seeing around the health of the consumer?Jack ForestellChief Product & Strategy Officer Yes. The requisite, how is spending going question. The word that ...

Question-and-Answer SessionOkay. So I'll kick things off. We've got to do the big picture spending question upfront here, and then we can talk about the more interesting topics. But spending was a little bit bumpy in the fiscal third quarter, notably in June, rebounded nicely in July. Any color on how things have progressed so far in August and what you're seeing around the health of the consumer?Jack ForestellChief Product & Strategy Officer Yes. The requisite, how is spending going question. The word that ...

Key Takeaways Visa renewed key partnerships in Africa, India and with ShopeePay in Q3 FY25.Incentives to banks, merchants and fintechs fuel adoption and transaction growth.Rising incentive costs pose margin pressure amid growing digital payment competition.In addition to handling millions of transactions every day, Visa Inc.’s (V) business also depends significantly on building solid, long-term partnerships with banks, merchants and fintech companies all around the world. The company’s ability to handle ren ...

Visa (NYSE:V) 2025 Conference September 09, 2025 11:50 AM ET Company ParticipantsWill Nance - Vice PresidentJack Forestell - Chief Product & Strategy OfficerWill NanceOkay, I'm going to kick it off now. Next up, we have Jack Forestell, Visa's Chief Product and Strategy Officer. Jack's been with Visa since 2014 and was head of the Capital One digital platform prior to joining. Jack, really appreciate you being here, and thanks for supporting the Goldman Conference.Jack ForestellGreat to be here, Will. Thanks ...

At 28 years old, I have placed an increasing emphasis on compounding in recent years. That's because consistent compounding can have a truly staggering impact on wealth over time.Hi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that ...

分析师背景 - 分析师为全职股票分析师 对多领域股票有广泛兴趣 通过独特见解为投资者提供投资组合的对比视角 [1] 披露声明 - 分析师未持有任何提及公司的股票 期权或类似衍生品头寸 且未来72小时内无相关头寸计划 [2] - 分析内容为分析师个人观点 未获得除Seeking Alpha外任何形式的补偿 [2] - 分析师与任何提及公司不存在业务关系 [2] 内容性质说明 - 分析内容仅提供信息参考 不构成专业投资建议 [3] - 投资需进行个人深度研究和尽职调查 交易存在资本损失等多项风险 [3] - 过往业绩不保证未来结果 所有观点不代表Seeking Alpha整体立场 [4] - Seeking Alpha非持牌证券交易商 经纪商或美国投资顾问/投行 [4] - 分析师团队包含未获机构认证的第三方作者 含专业投资者与个人投资者 [4]

作者背景与投资立场 - 作者为Visa公司第二大持仓股东 持有Visa股票并通过期权或其他衍生品保持多头头寸 [1][2] - 作者拥有能源行业22年从业经验 曾担任工程 规划和财务分析职位 自1998年起管理个人投资组合 [1] - 投资策略注重长期持有 除非出现强烈卖出理由 追求通过低价买入相对内在价值的资产来实现长期总回报最大化 [1] 内容披露声明 - 文章内容代表作者个人观点 未获得除Seeking Alpha平台外的任何补偿 [2] - 作者与提及股票的公司不存在任何业务关系 [2] - Seeking Alpha声明其并非持牌证券交易商 经纪商或美国投资顾问 平台分析师包含专业投资者和未获认证的个人投资者 [3]

公司动态 - 蚂蚁国际旗下品牌Antom推出AI智能体支付解决方案 采用支付意图授权模型和支付安全管理技术 [1] - 解决方案使智能体对用户支付意图识别更精准 交易全流程可追溯询证 [1] - 通过Antom EasySafePay支付方案实现移动支付交易更便捷安全 [1] - Antom支持AI智能体接入信用卡 电子钱包及银行转账等多种支付方式 [1] - 在亚太区将与万事达卡 Visa开展智能体信用卡交易首批试点 [1] 技术创新 - 支付意图授权模型为Antom首创技术 [1] - 支付安全管理技术为Antom首创技术 [1]

赞助活动 - 公司连续28年赞助多伦多国际电影节 今年正值该电影节第50届[6] - 为符合条件的Visa Infinite及Visa Infinite Privilege持卡人提供专属休息室使用权及优先通道权限[10] - 新设Visa Infinite Studio高端休息空间 位于国王西街225号 开放时间为9月4日至10日[8][9] 社区项目 - 通过Visa Sharing the Screen计划与TIFF合作 为多元平等社区提供电影放映及艺术家交流活动[11] - 自2022年启动以来 该计划已吸引超过2,000名参与者参加相关活动[12] - 项目涵盖电影节期间及TIFF Lightbox全年活动[12] 品牌合作 - 公司是全球多项顶级体育赛事赞助商 包括 FIFA世界杯26™ 奥运会 残奥会 NFL及加拿大足球协会[12] - 通过社交媒体平台@VisaCA持续更新持卡人专属福利信息[13] 公司背景 - 作为数字支付行业领导者 业务覆盖全球200多个国家和地区[14] - 致力于连接消费者、商户、金融机构及政府实体 构建创新支付网络[14]

股票表现 - Visa股票自6月季度报告以来一直横盘整理 尽管业绩非常强劲且增长势头强劲[1] - Visa与Mastercard的增长差距持续缩小[1] 投资策略 - 投资策略专注于具有完美定性属性的公司 基于基本面以有吸引力的价格买入并永久持有[1] - 管理集中投资组合 旨在避免亏损并最大化对赢家的敞口[1] - 经常对优秀公司给予持有评级 因其增长机会低于阈值或下行风险过高[1] 作者持仓 - 作者通过股票所有权、期权或其他衍生品对Visa持有有益的多头头寸[2]