Visa expands Fast Track Program to enable next generation of Fintechs to rebuild the global economy
Nov20

Visa expands Fast Track Program to enable next generation of Fintechs to rebuild the global economy

The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, fintechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa today announced two new components of its fintech Fast Track program: 1. A rich Partner Toolkit to help fintechs accelerate their growth and better serve...

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TransferGo partners with Visa to bring global real-time transfers to users
Oct21

TransferGo partners with Visa to bring global real-time transfers to users

TransferGo, one of the world’s fastest growing money transfer companies, today partners with Visa, the world’s leader in digital payments, to bring real-time[1] international money transfers to consumers’ bank cards. This service is currently live in 32 markets, including Germany, Spain, Romania, Poland, Ukraine and Turkey and has the potential to expand to a total of 178 countries in the future with additions such as the UK, Italy...

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Visa, MasterCard, AmEx & Discover endorsing MagicCube as software-only replacement for payment terminals
Oct20

Visa, MasterCard, AmEx & Discover endorsing MagicCube as software-only replacement for payment terminals

MagicCube, the leader in the new category of Software Defined Trust (SDT), today announced the availability of i-Accept™, a complete software-based replacement for traditional payment acceptance terminals. Through i-Accept™, acquiring banks and disruptive financial services institutionscan now enable their merchants and retailers to accept contactless cards, including those from American Express®, Discover®, Mastercard® and Visa®, as...

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MoneyGram and PayMaya introduce real-time payment solution for fund transfer from United States to the Philippines using Visa Direct
Oct20

MoneyGram and PayMaya introduce real-time payment solution for fund transfer from United States to the Philippines using Visa Direct

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, today announced a partnership with PayMaya Philippines to launch a new digital capability that allows customers to send money from the United States to the Philippines through Visa Direct, Visa’s real-time push-payment solution. Consumers in the United States can use the leading MoneyGram mobile app or website to send money that...

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500 million ADDITIONAL touch-free VISA payments as european contactless limits increase

Visa today announced that it has processed more than half a billion additional touch-free payments, where previously consumers would have needed to use a PIN pad, since contactless limits were increased in more than 29 countries across Europe. COVID-19 has transformed contactless payment from a nice-to-have to a must-have. The ability to pay digitally in-stores is no longer just a convenience but a necessity for consumers and...

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Shopee and Visa sign five-year strategic partnership
Oct02

Shopee and Visa sign five-year strategic partnership

Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, and Visa, the world’s leader in digital payments, today announced a five-year regional strategic partnership that will encourage greater participation in Southeast Asia’s digital economy, a key component of accelerating the region’s overall economic growth. Shopee users will also benefit by being able to pay with an ease of mind using Visa and enjoy additional...

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Visa accredits FIME U.S
Oct01

Visa accredits FIME U.S

Payments testing and consultancy expert, FIME has been qualified to deliver Visa Contactless Payment Specifications (VCPS) Level 2 terminal testing at its San Jose lab. North American terminal vendors can now achieve multiple accreditations from the payment industry’s key international bodies and schemes in a single test session. This reduces certification time and costs with a one-stop shop to certify their point-of-sale (POS)...

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EBANX and Visa expand strategic partnership in Brazil
Sep29

EBANX and Visa expand strategic partnership in Brazil

EBANX and Visa announce the extension of a strategic partnership, sealed by the Participation Agreement in the Money Transfer Merchant Program of Visa. Signed with Visa do Brasil, it strengthens the relationship between the two companies and focuses on offering payment services to international websites that sell to Brazil using EBANX solutions, and also to Brazilian consumers who buy from these websites. “Our goal at EBANX is...

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Hakbah Signs Strategic Partnership with Visa
Sep02

Hakbah Signs Strategic Partnership with Visa

Hakbah, an alternative financial saving platform based in Riyadh, Saudi Arabia, today announced that it has signed a multi-year strategic partnership agreement with Visa, the world’s leader in digital payments, to issue Visa prepaid cards to its customers in Saudi Arabia and GCC.    Hakbah is modernizing financial saving via its intelligent platform by offering a comprehensive one-stop-shop solution for Savings Groups to initiate,...

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Visa harnesses real-time deep learning to enhance transaction processing
Aug27

Visa harnesses real-time deep learning to enhance transaction processing

Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorizations when service disruptions occur. Using deep learning to analyse past transactions, Smarter STIP generates informed decisions to approve or decline transactions on behalf of issuers in the event that their systems go...

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MYPINPAD expands global presence through partnership with Mswipe and Visa
Jul22

MYPINPAD expands global presence through partnership with Mswipe and Visa

MYPINPAD, the global leader in secure personal authentication solutions announces new strategic partnerships with Mswipe, India’s largest independent mobile POS merchant acquirer and network provider, and the world’s leader in digital payments, Visa, to propel contactless payments in India. The announcement follows MYPINPAD becoming the first, and currently only company in the world to achieve Payment Card Industry (PCI)...

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UK fintech Fidel API expands North American presence with US move
Jul16

UK fintech Fidel API expands North American presence with US move

Fidel, the financial API provider whose clients include British Airways, Royal Bank of Canada and Klarna, has expanded to the US to help developers build applications and services that connect with a user’s payment card.  The establishment of a New York office follows Fidel’s expansion to Canada and the Nordics in 2019.  Fidel’s APIs provide easy access to real-time transaction data from Visa, Mastercard and American Express. It has...

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Touch-free authentication for all: why we need a safer payment method in the ‘new normal’
Jul09

Touch-free authentication for all: why we need a safer payment method in the ‘new normal’

By David Orme, SVP, Sales & Marketing, IDEX Biometrics ASA Ever since March, when the World Health Organization encouraged people to not use cash, coronavirus has made touch-free shopping a necessity for all consumers. However, as economies across the world begin to reopen, we are seeing in-person shopping and payment via touch-pads return. So, with payments beginning to return to ‘normal’, the global payments industry must now...

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Mastercard, AMEX & Visa announce global expansion of Click to Pay
Jul08

Mastercard, AMEX & Visa announce global expansion of Click to Pay

E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital channels and cards. Today, American Express, Discover, Mastercard and Visa announced they are each beginning technical preparations for global...

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Join Visa, Revolut, HSBC and more – registration is now open
Jul06

Join Visa, Revolut, HSBC and more – registration is now open

“Fear not though, virtual to us does not mean a series of dull webinars with a bit of slightly awkward networking thrown in. We have invested in one of the best platforms around and are working hard to ensure we deliver a truly interactive and engaging experience, including live Q&A with our speakers, onsite competitions and an energetic networking session to finish off.” Register now!

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Contis launches ‘quick migration’ to support Wirecard customers
Jul03

Contis launches ‘quick migration’ to support Wirecard customers

In response to recent service outages, leading European payments provider, Contis, has designed an immediate solution for Wirecard’s European clients to rapidly migrate their complete payments needs. Contis can implement new or migrate entire programmes in weeks with minimal disruption to end-customers. This timely response helps companies avoid future reputational risk and uncertainty, while providing their customers with renewed...

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Facing Uncertainty after Wirecard Collapse: An Insider’s View on Mitigating Situation and Third-Party Necessity
Jul02

Facing Uncertainty after Wirecard Collapse: An Insider’s View on Mitigating Situation and Third-Party Necessity

Just recently, the payments market was struck by surprise, when Wirecard entered insolvency proceedings, as, upon audit, the industry-leading payment processor revealed to have a 1.9 billion dollar gap in its balance sheet. Following the developments concerning the parent company, Financial Conduct Authority (FCA) enforced its subsidiary in the UK to temporarily “cease all regulated activity” and freeze all currently held assets....

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O-CITY joins the Visa Ready for Transit program to drive contactless payments for mass transit systems globally
Jun30

O-CITY joins the Visa Ready for Transit program to drive contactless payments for mass transit systems globally

BPC’s smart city payment division, O-CITY, has joined the Visa Ready for Transit program for mass transit systems. Visa Ready for Transit program is designed for companies, like O-CITY, whose technology products and capabilities are helping transit agencies and riders realise the benefits of tapping to ride with a contactless card or digital wallet. Acceptance to the program means that O-CITY is a now certified partner and available...

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Zenus Bank becomes Visa Principal Member
Jun30

Zenus Bank becomes Visa Principal Member

Zenus Bank, the American digital bank is announcing today it is the first International Financial Entity to become a Principal Member of Visa, the world’s leader in digital payments. Zenus Bank makes it easy and safe for clients to access, send, receive and store money in the USA from anywhere globally. By leveraging Visa’s brand, scale and global acceptance footprint, Zenus will bring a robust and innovative value proposition.  Under...

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Aximetria releases the fintech industry’s first service to prevent bank card blocking during crypto operations
Jun26

Aximetria releases the fintech industry’s first service to prevent bank card blocking during crypto operations

The Swiss crypto service Aximetria releases the industry’s first solution to check bank cards for crypto tolerance. The tool is especially useful for first-time crypto users or new bank card holders who fear that their bank will block card transactions as ‘suspicious’ when purchasing or selling cryptocurrencies. To eliminate this fear, Aximetria’s new online service AxiCheck lets anyone instantly, anonymously and safely check how...

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Visa Token Service Issues Its 1 Billionth Token
Jun23

Visa Token Service Issues Its 1 Billionth Token

Visa Inc. today announced that the company has now issued more than 1 billion tokens worldwide through Visa Token Service (VTS), marking a major milestone in its proprietary offering to help accelerate eCommerce innovation and make payments more secure. Visa Token Service replaces a cardholder’s 16-digit Visa account number with a secure token that protects the underlying card number from fraudsters. The rapid adoption of Visa’s...

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Cost-cutting to accelerate outsourcing of payment processing by acquirers
Jun23

Cost-cutting to accelerate outsourcing of payment processing by acquirers

Ways of connecting with card scheme networks vary significantly by country A new study by research and consulting firm RBR, Payment Cards Issuing and Acquiring Europe 2020, shows that merchant processing arrangements differ significantly across Europe. Card payment acquirers in many markets maintain a direct link to card scheme payment networks like Visa and Mastercard, as in Poland, Portugal and the UK. Nonetheless, approaches vary,...

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10 Million Asia Pacific Small Businesses to Participate in Visa’s Global Program to Spur Recovery Through Digital Commerce
Jun23

10 Million Asia Pacific Small Businesses to Participate in Visa’s Global Program to Spur Recovery Through Digital Commerce

Visa today announced a commitment to support 10 million small businesses across Asia Pacific in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa is introducing a range of programs and solutions to help small and medium enterprises (SMEs) drive efficiency and sales by accepting and making payments digitally to meet increased demand for cashless payments – both online and in-store. Visa also...

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BPC joins Visa’s Fintech Fast Track Program
Jun17

BPC joins Visa’s Fintech Fast Track Program

BPC today announced that it has joined Visa’s Fintech Fast Track Program, which makes it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new payment experiences. This strategic initiative is a response to the surge in demand among fintech players to enhance their product propositions, expanding beyond their core businesses. BPC joins Visa’s Fintech Fast Track Program as preferred technology...

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Behavioural biometrics set to replace bank passwords
Jun15

Behavioural biometrics set to replace bank passwords

NatWest is developing behavioural biometrics technology which could replace banking passwords. Next year, an additional form of authentication will be required for some transactions when Strong Customer Authentication comes into force. However, the technology, which has been customised in partnership with Visa for the purpose of increased transaction security, could replace passwords and helps to make payments more secure. Strong...

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