Visa Inc. (V) Expands Its Four-Decade-Long Partnership with ICBA Payments

Visa Inc. (NYSE:V) is one of the 12 Best Ethical Companies to Invest in 2025.

On July 16, 2025, Visa Inc. (NYSE:V) expanded its four-decade-long partnership with ICBA Payments, the payments arm of the Independent Community Bankers of America. Under the partnership, both will work toward empowering local banks with modern payments tools like contactless cards, digital wallet tokenization, and real-time payments through Visa Direct. With this, both entities aim to enhance financial access and competitiveness for community banks across the country. ICBA Payments supports over $43 billion in card transactions and has issued 10 million cards.

Bill Dobbins, senior vice president and head of U.S. enablement at Visa, stated,

“Together, we’re helping community banks deliver modern, secure financial experiences that drive economic opportunity and strengthen the neighborhoods they serve.”

Meanwhile, Truist Securities decreased its price target on Visa Inc. (NYSE:V) from $400 to $397, maintaining a ‘Buy’ rating. Despite the price target reduction and recent underperformance of the fintech sector, the firm cited optimism regarding the company’s strong fundamentals and promising outlook for the fintech sector.

Visa Inc. (NYSE:V) is a global payment technology company, offering credit, debit, and prepaid card products, and VisaNet, a transaction processing network. It is one of the best ESG stocks.

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