Visa is collaborating with Hong Kong-based VC firm and incubator Nest to run a four-day fintech bootcamp in Nairobi for innovative startups in Africa.
Visa (NYSE:V), a global payments technology company, hosted a two day ‘Digital Payments Hackathon’ in partnership with Dubai Internet City during the 2016 UAE Innovation Week.
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.
Visa (NYSE: V) today announced shoppers in the UK spent more than £2Bn on Visa cards on the day that has come to signify the kick-off of the Christmas retail season, with nearly half of that spend occurring online.
Visa (NYSE:V) today modified and clarified existing debit network routing rules to help merchants and acquirers better understand implementation options related to the adoption of EMV chip technology in the U.S.
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.
Today, merchant associations representing tens of thousands of U.S. merchants sent a letter to Visa CEO Charles W. Scharf and CEO-Designate Al Kelly in response to a declaration by the Federal Reserve that the technical specifications and rules provided to merchants as part of the EMV migration violate federal law.
The National Retail Federation today called on Visa to stop using new EMV technology to steer debit card transactions to its own processing network, a practice the Federal Reserve says violates merchants’ legal right to competition over who will process the transactions.
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.
In a significant move, MYPINPAD, an enabler of multi-factor authentication for unsecured touchscreen devices such as mobile phones and tablets, is proud to announce that renowned payments pioneer, Dr Steve Perry, has joined the Company’s Board as a Non-Executive Director.
© Finextra Research 2016