Nearly half of US merchant terminals will accept EMV chip card payments by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
The UK government is planning to put supervision of MasterCard and Visa alongside the country's main interbank payment systems into the hands of a new Payment Systems Regulator (PSR), whose chief remit is to inject more competition into the country's payments industry.
Visa Europe is to move into the card linked offers business through a partnership with US-based Edo Interactive.
Visa Europe's director of mobile, Mary Carol Harris, has jumped ship to join Apple, where she will lead the firm's push into the mobile payments sector on the continent.
Visa is ramping up its tech investment, creating 2000 full-time technologist positions and opening a development centre in India.
Four international students experience Visa mobile contactless payments in London, and report back to Visa. Watch how they get on and what they tell Visa Europe executives.
ID Tech, a leading manufacturer of secure payment solutions, mobile payment, point of sale, and digital signage, is proud to announce its third mobile solution, the UniPay, to be included in the Visa Ready Program.
Shares in Monitise plummeted more than 25% in morning trading on news that Visa is "considering its options" on its 5.5% stake in the mobile money firm.
Visa Inc. (NYSE:V) today announced it had decided to deposit $450 million (the "Loss Funds") into the litigation escrow account previously established under the Company's retrospective responsibility plan (the "Plan").
Visa has taken advantage of the hoopla surrounding Apple's application of digital account tokens to replace card numbers for online and mobile purchasing by initiating the roll out of its Token Service to US clients.
© Finextra Research 2014