Latest Visa News: Finextra Research

Navy Federal first to offer both MasterCard and Visa authentication

US credit union Navy Federal is to provide customers who sign up for its CardGuard service with access to both MasterCard SecureCode and Verified for Visa authentication schemes.

17 December 2002

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PNC Bank signs up to Visa authentication programme

PNC Bank is offering cardholders additional protection when shopping online this Christmas through the use of Verified by Visa password-based authentication.

20 November 2002

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nCipher fights online card fraud with payShield

UK cryptographic security solutions outfit nCipher has launched payShield, a hardware security module (HSM) for online payment processing, that is compatible with both Verified by Visa and Mastercard’s Universal Cardholder Authentication Field (UCAF).

16 September 2002

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Credit Saison chooses Cyota for Verified by Visa programme

Top five Japanese credit card issuer Credit Saison has contracted with Cyota to deliver Verified by Visa (3D Secure) Internet authentication technology to its 10 million Visa card holders.

23 July 2002

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Visa launches Verified by Visa Issuer Service

Visa EU has launched its new Verified by Visa Issuer Service (VbVIS) to enable issuing banks to implement Visa's secure online payment authentication service without the expense of developing their own in-house software.

08 May 2002

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Leumi Card chooses Cyota for Verified by Visa initiative

Israeli credit card issuer Leumi Card is to take part in the Verified by Visa secure transaction programme using technology from Cyota.

14 March 2002

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Liberty Alliance gains momentum with Visa sign up

Visa International has followed American Express and MasterCard in joining the Liberty Alliance Project, a cross-industry consortium committed to developing an Internet identity programme to challenge Microsoft's rival Passport initiative.

22 February 2002

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UK consumers unfazed by PINs for card security, says Visa

New research from Visa indicates that 69% of UK cardholders welcome the introduction of PIN (personal identication number) usage to replace signatures at the point-of-sale, giving weight to last week's decision by UK banks and retailers to introduce chip/PIN technology from next year

12 February 2002

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Cyota secures First USA in Verified by Visa initiative

First USA, the credit card issuing subsidiary of Bank One, is using technology from Cyota to implement the Verified by Visa programme and offer consumers improved security when shopping online.

16 January 2002

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Visa publishes 'point and pay' infrared specifications

Visa International has developed specifications to enable payments to be beamed securely from a handheld device to a merchant terminal using infrared technology.

15 January 2002

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CardinalCommerce and Safewww prepare for Visa/MasterCard payment initiatives

E-payments solution provider CardinalCommerce has teamed up with New York-based Safewww, to develop an authentication solution that supports the new Visa 3-D Secure and MasterCard SPA secure payment initiatives.

09 January 2002

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