In early 2019, Visa launched the “She’s Next, Empowered by Visa” initiative to boost women-owned small businesses (SMBs) around the world through shared research, experience and technologies. Since its launch in the U.S. earlier this year, the program has hosted workshops in New York, Atlanta...
“There is nothing new under the sun.” Human beings have been saying the above, or some variation on it, for approximately three thousand years since it was first written down in the Book of Ecclesiastes in 935 BCE. It is safe to say that the...
Small businesses, it is often said, form the backbone of the American economy, and by the numbers that is a hard statement to argue with. Of the 28 or so million firms in the United States, 99 percent are classified as small businesses and roughly...
Visa has struck a number of new partnerships to digitize and accelerate insurance claims payouts, the company said in a press release Friday (Sept. 13). The global payments giant said it is speeding disbursements to customers of PNC Bank and Erie Insurance customers. Visa also...
Expanding its footprint in fashion, Visa has announced its renewed sponsorship of New York Fashion Week: The Shows (NYFW) as its official payment technology partner. The company is leveraging NYFW as an opportunity to expand its efforts in supporting and empowering women who are moving the fashion industry forward...
Visa announced that since their inception, chip cards have reduced counterfeit fraud by 87 percent. “Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011,” the company said. “That’s good news...
NovoPayment announced that it has scaled the deployment of Visa Direct to enable instant payments, P2P and P2M payments, account-to-account payments, fast funds and mass payouts, as well as the use of Visa Token Services. The new offering will provide issuers, buyers and merchants faster...
The phenomenon of payments fraud is not a modern one — far from it. But as RL Prasad, SVP of payment system risk at Visa, told Karen Webster in a recent conversation, what is new today is the who and the how of fraud, particularly...
Visa is unhappy with India’s plan to require banks and card payment networks to offer no-fee debit card transactions. Last month, India’s Finance Minister Nirmala Sitharaman announced that businesses with annual turnover of 500 million rupees will not have to pay a merchant discount rate...
