VISA

Visa Brings Its “Tech Epicenter” To Silicon Valley

Visa is serious about tech — and it’s putting its money where its mouth is with the opening of a massive new Silicon Valley office for its research and data teams.

The 62K square foot site is designed to be an “epicenter for technologists, academics and global thinkers,” according to Visa — with a special focus on data, network processing and loyalty. The new building will also be the official homebase for Visa Research, a new organization that is primarily focused on the scientific foundation underlying cutting-edge technology, specifically in areas like blockchain, cryptography, artificial intelligence and deep machine learning.

“Everything we do begins and ends with our technology and talent. It’s the only way we can continue to lead in the payments industry, which is moving at lightning speed. The new Palo Alto office is part of Visa’s effort to attract and retain the best people, and to foster collaboration with the organizations based in Silicon Valley,” notes Visa CEO Al Kelly.

The latest and greatest facility to open in the heart of The Valley is one of several Visa has opened worldwide in recent memory. Last year Visa opened the doors on a tech center in Bangalore as well as innovation centres in Dubai, Miami, San Francisco, and Singapore. Another innovation center is officially slated to open in London next month based out of Visa’s European headquarers in Sheldon Square.

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Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. Check out our April 2019 Unattended Retail Report. 

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