In a wide-ranging televised interview, Visa CEO Al Kelly discussed Apple’s new co-branded credit card, Big Tech’s move into financial services, and Visa’s interest in the Libra Association, per reports from CNBC. Kelly that said that Apple is a great partner of Visa and has...
Visa is exploring state-of-the-art payment experiences at the 2020 Olympics in Tokyo to support “Cashless Japan.” The mandate handed down by Japan’s lawmakers strives to increase the total of digital payments from 20 percent to 40 percent by 2025, Visa said in a press release on...
Visa will comply with a Russian law that says international payments systems have to process transactions for the country despite U.S. sanctions, according to reports. Visa said Russia is an important market for the company in terms of strategy, and the new law won’t make...
The installment lending playing field just got more interesting — and global — today (June 27). Visa announced that it will bring the power and ubiquity of installment lending to digital and physical points of sale (POS) through application program interfaces (APIs) that support the...
In the battle against payments fraud, tokenization offers a strong arrow in the quiver. Visa announces today (June 25) that it has acquired the token and ticketing services technology of Rambus. Visa’s TS Anil, senior vice president and global head of payment products & platforms,...
Cybercrime is both pervasive and expensive, as modern problems go. According to reports, citing the University of Maryland, there is an attempted hack every 39 seconds. By some estimates, cybercrime will have cost the world $6 trillion by 2021 in damaged and destroyed data, stolen money,...
Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is...
Visa has rolled out internal data that indicates its artificial intelligence (AI)-based Advanced Authorization (VAA) security product has helped issuers prevent an estimated $25 billion in annual fraud. VAA is a risk management tool that monitors and evaluates transactions over VisaNet in real time to...
Almost two years in the making, Visa B2B Connect makes its official launch, with a rollout across 30 countries. Kevin Phalen, head of Global Business Solutions at Visa, tells Karen Webster that it uses DLT to underpin a network, built from the ground up, that brings...
