At the dawn of the new millennium, consumers had only a few payment methods to choose from – cash, check or cards – and only a small fraction used them anywhere other than a brick-and-mortar storefront. Back then, authenticating the consumer was mostly what happened...
“It’s everywhere you want to be.” As corporate mottos go, Visa has a good one. It’s short, it’s easy to remember and it makes Visa’s essential point about its most useful feature: No matter where you go, no matter what you want to do, if...
Visa, the payments company, announced Wednesday (Nov. 15) that it is enabling bank-to-bank test transactions with a handful of partners, including Commerce Bank in the U.S., Shinhan Bank in South Korea, Union Bank of the Philippines and United Overseas Bank in Singapore. In a press...
In an effort to get more travelers to use a debit, credit or prepaid card when commuting, Visa announced news of the launch of its Visa Global Transit Solutions on Monday (Nov. 13). In a press release, Visa said the new program is targeted at...
Visa, the payments company, announced news on Thursday (Nov. 2) of the European launch of Visa Direct, a real-time international payments platform. In a press release, Visa said Visa Direct enables person-to-person (P2P), business-to-consumer (B2C), and business-to-business (B2B) money transfers. Through the service, funds can...
Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “Our team has worked incredibly hard over the past year to achieve this milestone. This is an important step towards Monaco’s vision to introduce cryptocurrency...
According to CEO Alfred Kelly, Visa ended its financial year as it began, “with strong growth across payments volume, cross-border volume and processed transactions, which was bolstered by the addition of Visa Europe.” That sent Visa’s stock price up 2 percent, to a record high of $110.61....
Money being waited on is not money being spent. As Ingo Money CEO Drew Edwards noted, a person waiting for money — whether it’s from a paycheck, an insurance disbursement or a loan — probably needs that money. The reality is that many businesses still pay out those funds using...
In an era of nearly constant data breaches, securing commerce is now everyone’s concern. And for good reason. In addition to the potential liability that issuers and merchants may face if stolen credentials or identities are used online, breaches only further fuel consumer concerns over...