To let businesses quickly deploy digital payment services, a consortium of major companies is rolling out a new financial innovation platform called b.yond. Global Processing Services, Pannovate, Cornercard, MeaWallet, Modulr, AllPay and W2 Global are founding partners of the consortium in collaboration with Visa, according...
There’s a need for speed in payments, supposedly — but how much speed is enough? Bloomberg reported on Wednesday (May 29) that Visa CEO Alfred Kelly seemed unfazed by the move of several stakeholders in financial systems around the world — including banks and governments...
Marvin Minsky, cognitive scientist and co-founder of MIT’s AI lab, said decades ago that computers can only do what we tell them to do. Scott Boding, vice president of risk solutions product management for Visa’s CyberSource, tells Karen Webster why AI’s potential may be misunderstood...
With an expanded position at Visa Inc., Chief Financial Officer Vasant Prabhu will take on the vice chairman role for the global payments technology company. Prabhu is also an executive vice president and an executive committee member, Visa said in an announcement. “I have extraordinary...
The first time is a charm. In fact, the first time must be a charm. No, we are not talking about first dates or so-called “meet cutes” in movies. We are talking about consumer acceptance of contactless payments in the U.S. — specifically, the use...
Visa is moving "beyond the card" with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how the combined companies enable banks and service providers to cover (through a single point of...
AI’s reality is far from the futuristic fantasies of, say, Minority Report, but, as Visa’s global head of innovation and design Mark Jamison tells Karen Webster, a number of promising use cases are blossoming across verticals, and across the globe. Here, he offers a whirlwind tour...
Globally, tapping to pay with contactless cards has taken off remarkably, and the U.S., after years of lagging behind, is starting to catch up, according to a new blog post from Visa. “We’re excited to share that tapping to pay is becoming a reality across...
There are approximately 30.2 million small companies open for business in the U.S. today, employing around 58 million American workers, according to the Small Business Administration (SBA). That’s roughly half the adult workforce in the U.S. (47 percent), and the majority of those workers are employed...
