Ubiquity of acceptance is payments’ holy grail. It’s an experience that people living in the developed world have learned to expect each time they produce a plastic debit, credit or gift card to use in a store anywhere in the world to pay for something...
Visa, the payments company, announced Thursday (March 29) the 50 winners of the Visa Cashless Challenge, in which small businesses in the food service industry were tasked with explaining how the cashless movement would benefit their business. Each winning business received $10,000 to use for...
Visa, the payments company, announced an expansion of its Visa Everywhere Initiative for 2018, adding new participating countries, including the U.S. In a press release, the payment company said it’s introducing a more dynamic program, new participating countries and an increased level of support for...
Visa announced news on Wednesday (March 14) that it released its Global Travel Intentions Study, which spotlighted trends in tourism and travel in 2017, stretching across 12,000 respondents. Among the insights gleaned from the study: Indian travelers have blended business travel with “leisure add-ons,” and...
Before Visa’s Everywhere Initiative was both an initiative and everywhere, it wasn’t even a project. At best—its originator and Visa’s SVP and global head of innovation and go-to-market, Shiv Singh, told Karen Webster—back in 2015, it was a mini project, a toe in the water to engage...
Visa is fighting back against accusations that it charges tourists excessive fees when they use their cards in the European Union. According to Reuters, Visa will present its case against the antitrust charges in front of senior European Commission officials and national competition officials at...
First National Bank of Omaha announced that it is not renewing a contract with the National Rifle Association (NRA) to offer customers an NRA-branded Visa card. The move comes after the shooting at a high school in Parkland, Florida that left 17 people dead. The...
As commerce channels expand, so do tokenized account credentials and the complexities of managing a single view of the customer for the merchant. Visa is rolling out its Token Management Service across all channels today, and Cybersource SVP Andre Machicao tells Karen Webster that aggregated...
Visa said Friday that it has acquired Fraedom, which provides — via software as a service — expense management solutions for financial institutions and business. The two firms have been in partnership for nearly a decade, Visa said in a release. Fraedom’s technology underpins the...
