After ten years of battling partners in retail and payment processing, Visa (NYSE:V) has recently gone public with a conciliatory message for the future. Visa is under attack on its flanks from upstart payment processors and head-on from longtime rival MasterCard (NYSE:MA).
In the video below, Motley Fool contributor Jay Jenkins discuss the change in tone from Visa, and what it means for investors going forward.
Note: In the video above, Jay refers to a subsidiary of Synovus Financial (NYSE:SNV). The company in reference, Total System Services (NYSE:TSS) -- commonly called TSYS -- was spun off from Synovus in 2007 and is an independent public company. According to Yahoo! Finance, Synovus currently owns 9.23% of TSYS.