The team recommends benching Visa due to overblown financial regulation risks, increased regulation reducing payment volumes, and potential decreases in consumer spending hurting Visa's revenue. Visa is a global payments company that connects consumers, businesses, and financial institutions through digital currency processing. It has strong international growth but faces risks from new financial laws, its dependence on consumer spending, and regulation of payment networks. The team proposes replacing Visa with Fiserv to gain more exposure to business and consumer spending.