When Visa, Chase, New York’s Metropolitan Transportation Authority (MTA), and other industry leaders co-launched a contactless payments pilot seven months ago, they started small, and with modest goals. This “public pilot” made contactless payments available on a few train lines, and only at 16 stations,...
Since the rise of M-Pesa in 2007, mobile money wallets have become prevalent across Africa. And while that addition to the market has made many things possible for consumers in formerly cash-locked economies, there has been a persistent problem of limitations for users once they...
Visa has announced it’s going to start a new certification program in dispute resolution, as well as fund up to 500 scholarships to offset the cost of the training, according to a press release. The applicants will become certified dispute resolution professionals, which Visa noted...
Visa is collaborating with four global finance firms to help FinTechs issue plastic and digital payments, the company announced in a press release on Monday (Dec. 2). The four new partners — Episode Six, Euronet Worldwide, Global Processing Services and M2P Solutions — have joined...
A new version of the card skimmer resides on eCommerce checkout pages, where fraudsters steal consumers' data as it is entered. The newest sinister iteration of JavaScript skimming, Pipka, disappears from the merchant site after the data is stolen — meaning that it's tough to...
Three billion credit and debit cards. More than 100 billion transactions, worth more than $11 trillion. That’s the payments volume running over Visa’s global network, a network whose vast global expanse is a tempting playground for cyberthieves. Visa’s cybersecurity team, as Chief Information Security Officer Sunil Seshadri...
Visa announced its roster of athletes for the Tokyo 2020 Olympic and Paralympic games, the company said in a press release on Wednesday (Nov. 13). Team Visa’s 70-plus athletes represent 43 countries across more than 30 sports and include the new additions of surfing, skateboarding...
Visa has released a statement saying Tencent’s announcement that it will support international card schemes in its mobile wallet is “a great step forward” for the payments industry. “Visa believes this is a great step forward, both for consumers travelling to China and the overall...
Seven years ago, when Visa first started working on bringing contactless payments to London’s Mass Transit system, the landscape for tap and go cards looked very different. The technology, Visa’s Global Head of Urban Mobility Nick Mackie told Karen Webster in a recent conversation, was...
