Latest Visa News: Finextra Research

Visa and Mastercard strike wallet tokenisation deal

Bitter rivals Visa and Mastercard have struck a deal that lets each firm's digital wallet service request the other's tokenised payment credentials.

15 December 2016

/security

Visa to acquire Cardinal Commerce

Visa has agreed to buy e-commerce authentication firm Cardinal Commerce to beef up security in card-not-present channels whether through a browser, mobile app, or connected device.

02 December 2016

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Visa slams European plans for stronger online transaction authentication rules

Visa has lashed out at European Banking Authority (EBA) plans to toughen up authentication rules for online transactions over EUR10, claiming that they will lead to more declined transactions, complicated checkouts and abandoned purchases.

22 November 2016

/security

Visa looks to kill passwords with multiple biometric authentication options

Visa is stepping up its efforts to kill off the password, teaming up with BioConnect to bring multiple biometric authentication options to a single app.

14 November 2016

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Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018

As EMVCo prepares to unveil a major update to the 3-D Secure specification for authenticating online transactions, Visa says that it expects to set a migration deadline for European merchants of April 2018.

21 October 2016

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US Bank uses Visa geolocation tech to reduce card declines

US Bank is tapping technology from Visa that uses the geolocation capabilities of mobile phones to determine whether payment cards are being used fraudulently.

05 October 2016

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On first anniversary, US becomes Visa's largest chip card market

A year after the official launch of chip payment technology in the US, Visa is claiming steady progress, with the country already its largest EMV card market and fraud rates falling sharply.

30 September 2016

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Brits trust banks more than government on biometrics

Brits are nearly twice as likely to trust banks to store and keep safe their biometric information as they are to trust government agencies, according to a survey from Visa.

19 September 2016

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Europeans keen to secure payments with biometrics

More than two thirds of Europeans want to use biometrics as a method of payment authentication, with convenience and security the main reason for its popularity, a Visa survey shows.

14 July 2016

/security

Visa sues Walmart over Chip and PIN policy

The strained relationship between Visa and Walmart is reaching breaking point as the card scheme files a lawsuit against the supermarket chain for allegedly reneging on an agreement to allow the use of signature verification alongside Chip and PIN for transactions at the till.

30 June 2016

/security

US supermarket chain Kroger sues Visa over PIN transactions

US supermarket chain Kroger has filed a lawsuit against Visa over a disagreement about using PINs to verify EMV debit card transactions, according to the Wall Street Journal.

27 June 2016

/security

Home Depot suit accuses card schemes of putting profits ahead of security in EMV roll out

Home Depot, the US retail chain that saw 56 million accounts hacked in 2014, is suing Visa and MasterCard over their failure to mandate more secure Chip and PIN technology at the checkout during the country's migration to EMV-based payments.

16 June 2016

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