17 August 2017
Find out more

US Bank and Firstar join Verified by Visa scheme

21 December 2001  |  3240 views  |  0 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.

Verified by Visa enables the bank to validate a cardholder's identity with a password known only to the cardholder and the bank. Purchases must be made through participating merchants. The cardholder enters the password before he or she completes the Internet purchase, further reducing the potential for unauthorised card use on the Internet.

Todder Moning, vice president of e-payments development at US Bank and Firstar, comments: "Verified by Visa gives our Internet shoppers peace of mind knowing that they have an added layer of security. If they feel more secure, they'll do more of their shopping online. Best of all, it's a free service that's easy to understand and easy to use."

US Bank and Firstar are among the first banks participating in the scheme, which was announced by Visa on 3 December. The card organisation says that seven banks and 25 e-tailers have so far joined the programme.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Smart Visa Framework to ease chip card development

Smart Visa Framework to ease chip card development

20 December 2001  |  3370 views  |  0 comments
Bank of America introduces Verified by Visa

Bank of America introduces Verified by Visa

04 December 2001  |  5411 views  |  0 comments
Visa rolls out verification programme

Visa rolls out verification programme

03 December 2001  |  3075 views  |  0 comments
ACI Wallet applies Visa verification standard

ACI Wallet applies Visa verification standard

15 November 2001  |  3303 views  |  0 comments
Visa launches European operation

Visa launches European operation

09 November 2001  |  3064 views  |  0 comments
BT and Arcot ally for Visa authentication

BT and Arcot ally for Visa authentication

01 November 2001  |  3332 views  |  0 comments
Visa introduces low cost offline chip card

Visa introduces low cost offline chip card

25 October 2001  |  3707 views  |  0 comments
Visa and CyberSource launch online fraud detection service

Visa and CyberSource launch online fraud detection service

22 October 2001  |  4372 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.worldpaymentsreport.comvisit www.niceactimize.comvisit www.dorsum.eu

Who is commenting?

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10505 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9909 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9862 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8223 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7688 views 0 | 1 tweets | 8 linkedin