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...
Credit and debit card payments processing company Vantiv and Visa announced news on Thursday that they have jointly debuted FastAccess Funding, which allows merchants to more quickly receive settlement payouts. FastAccess Funding is the first merchant payment solution available across Vantiv’s push-to-card platform. In a...
Natural disasters are horrifically destructive events. Out of the total economic losses attributed to the destruction caused by Hurricanes Irma and Harvey, which could range from $150 to $200 billion, experts estimate that the insurance-related losses could run as high as $20 to $40 billion. Only Hurricane Katrina,...
Venmo is testing out a free debit card for select users that is linked to their accounts. According to a TechCrunch news report, the company is inviting select users to participate in a beta program. They will receive a free Venmo debit card that is...
When Visa announced its Cashless Challenge a few weeks ago, it obviously hoped to make some news. After all, directly incentivizing 50 food-focused small- and medium-sized businesses (SMBs) to opt out of accepting cash entirely — with $10,000 to help pay for technology upgrades —...
Visa, a global payments technology company serving more than 200 countries and territories, has announced two new appointments to its India and South Asia teams. The appointments are part of Visa’s ongoing efforts to fortify its leadership in the region. “At Visa, we take pride...
“Our mission is to be the best way to pay for everyone anywhere,” Visa’s Executive Vice President of Technology Rajat Taneja, told Karen Webster in an interview about Visa’s opening of two state-of-the-art data centers in Singapore and the United Kingdom. And while that is...
Double-digit transaction growth and strength in Europe boosted Visa’s earnings beyond the Street’s expectations, while management also gave the lift to expected revenue growth going forward. Internationally, Europe stood out — even the U.K., post Brexit — and China looms as a market devoutly to be...
Visa wants SMBs nationwide to go cashless. It also thinks better education about the benefits of doing so is the key to making it happen. The multinational financial services corporation recently announced it is ramping up its educational efforts — particularly those directed at small restaurants...
