Latest Visa News: Finextra Research

Visa negotiates smart card deals for member banks

Visa International is offering member banks discounts from financial technology vendors as part of a global programme to reduce the cost of migrating to chip technology.

05 November 2002

/retail

Visa to explore voice authentication for secure payments

Visa is to explore opportunites to use biometric voiceprint authentication to ensure secure payment transactions through an alliance agreement with California's Vocent Solutions.

24 October 2002

/retail

Sumitomo offers smart card downloads via Internet

Sumitomo Mitsui Card Co has launched a service for Japanese Visa cardholders to download applications to smart cards via the Internet.

24 October 2002

/retail

Visa sees 17 per cent growth in global sales volume

Visa's global sales volume has surpassed $2.3 trillion for the year ending June 30 2002, an increase of 17 per cent on the previous year.

08 October 2002

/retail

Visa challenges RBA credit card reforms

Visa International has initiated legal action against the Reserve Bank of Australia over recently-announced credit card regulations, which it describes as "poorly constructed and potentially damaging".

23 September 2002

/retail

Visa develops payment spec for contactless smart cards

Visa has developed a new payment specification for contactless chip cards, removing the need to physically insert a smart card into a reader.

19 September 2002

/retail

Brief: Nomad to provide integration for Visa P2P payment service

Visa EU is to use Nomad Software's Cortex package as the integration platform for its new P2P cross border money transfer system.

19 September 2002

/retail

Debit takes over from credit says Visa

Visa USA has announced that, for the first time, there were more debit card transactions than credit card purchases during the first half of this year.

17 September 2002

/retail

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

/retail

Retailers pile pressure on Visa/MasterCard in class action debit case

More than 7.5 million US merchants are to begin receiving class notices this week in a major anti-trust litigation lawsuit filed against Visa and MasterCard.

12 September 2002

/Sibos

Visa EU to launch retail P2P payment system

Visa EU is to launch a cross-border person-to-person money transfer service using technology from Brussels-based e-payments company Clear2Pay.

04 September 2002

/retail

Consult Hyperion joins Visa's chip migration programme

Consult Hyperion, a UK consultancy specialising in secure transactions, has joined Visa's Asia Pacific Chip Migration Partner Programme.

23 August 2002

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