Jim Filice

speaker
263 appearances 1 recordings 1 series first heard Jan 2026 last heard 15 Jan

Jim Filice’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jan 2026 with 1.

Appearances

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And do that in a very embedded way so that the consumer, you will never have to actually leave the brokerage app.
You can do it all from the brokerage app as opposed to having to log off and log into your bank account, et cetera, and push the funds.
It also works though for banks as well.
So we talk about pulling money out of banks, but we recently announced with Jack Henry and move rapid transfers, which allows a Jack Henry bank to instantly move money from, let's say another bank that they have into the Jack Henry account.
We know things like the first time you open up a bank account,
unless you can get money into that bank account the chances of someone just walking away and never using that bank account is quite high if the money doesn't get there within a week and so what we've done with visa direct now and jack henry jack henry's enabled it for all of their banks is that ability to when i just open up a bank account to instantly move money from let's say my chase account into my new bank account and then use that money right away
In our fiscal year 2025, which ended last October, we reported globally just under 11 billion transactions.
So billion with a B, big number.
The U.S.
market is by far our largest market.
um and so when we talk about the us market we talk about multiples of billions of transactions we don't report specific numbers but just to give you a sense of scale in the us we will likely do more visa direct transactions in january of this year this one month then rtp and fed now will do
Combined for all of 2026.
So we are multiple times larger in scale than alternative rails that are out there on our TV.
And that is because of our ability to both push and pull payments in the consumer space where instant payments, as you know, is the expectation.
Um, in B2B payments, uh, we're fed now in RTP have really been focusing on modernizing.
I think there's a ton of adoption that needs to happen in that space.
And I think collectively we will grow this, uh, ecosystem and grow this space, you know, each providing value in the use case that makes the most sense.
And for consumer use cases, Visa Direct has, has definitely been the compelling rail, uh, for our clients and the numbers seem to seem to, um,
give evidence to them.
Yeah.
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