Latest Visa News: Finextra Research

Bank of Moscow rolls out Visa smart card scheme

Bank of Moscow and Visa International have launched a multi-application smart card scheme to allow consumers to pay for goods and services using chip technology across the Russian capital.

23 April 2002

/retail

Finland prepares for nationwide Verified by Visa roll out

Finland is to become the first country to move to mass market implementation of the Verified by Visa service, as Luottokunta and OKO Bank prepare for nationwide roll out of the card organisation's 3-D Secure technology.

18 March 2002

/retail

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

/retail

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

/retail

Visa reports surge in European online spending

Visa EU processed a record number of 16 million e-commerce transactions through its VisaNet system in the last three months of 2001, totalling around EUR1.2 billion.

15 February 2002

/retail

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

/retail

Visa hails French EMV milestone

Visa is reporting a milestone in France’s migration to the global EMV standard for chip payments following the processing of the first cross-border smart card transaction in a French merchant outlet.

31 January 2002

/retail

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

/retail

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

/retail

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

/retail

US Bank and Firstar join Verified by Visa scheme

US Bank and Firstar have signed up as participants in the Verified by Visa Internet security programme.

21 December 2001

/retail

Bank of America introduces Verified by Visa

Bank of America is offering credit card holders the opportunity to enrol in the Verified by Visa authentication programme for online shopping.

04 December 2001

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