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Visa Expands Visa Everywhere Initiative
February 28, 2018

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...

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Visa Fights EU Antitrust Charges
February 27, 2018

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...

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First National Bank Of Omaha Shutters NRA Visa Card
February 23, 2018

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...

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Visa’s Token Management Service Closes Merchant Omnichannel Gap
February 22, 2018

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...

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Visa Acquires Fraedom For $195M To Expand B2B Payments
February 09, 2018

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...

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Payments Ecosystem Readies For Visa’s New Chargeback Rules 
February 02, 2018

What you don’t know can, indeed, hurt you — especially when it comes to chargeback liability. The waters of transaction disputes are challenging even today, but as of April 15, 2018, things will get a little more challenging, at least for a while. That’s the date...

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Visa Checkout Hits 1 Million Enrolled Milestone In UK
January 31, 2018

Visa announced news on Wednesday (Jan. 31) that Visa Checkout, the online payment method introduced in the United Kingdom in the middle of 2017, hit a milestone by securing 1 million customer accounts. The company said the U.K. is now among the fastest-growing markets for...

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Visa CEO Says Bitcoin Not A Payments Player
January 18, 2018

Visa’s Chief Executive Alfred Kelly expressed skepticism about the cryptocurrency bitcoin, reportedly saying it’s not money and that the payment company won’t get involved with it. Citing comments the CEO made at a National Retail Federation (NRF) conference this week, CNBC reported news that Kelly said...

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Visa: Data Will Deliver Payments And Commerce 2.0
January 16, 2018

Anyone who’s ever checked into a hotel knows the drill. Traveler, usually tired traveler, walks through the front door, approaches the front desk to check in, presents a method of payment and form of ID to authenticate herself, and is then presented with her room...