Australian regulators are considering intervention to stop banks from using Visa and MasterCard as their default options to route debit card payments in a move that would save up to $230 million per year. The pro-consumer move targets «tap-and-go» card…
Visa will be buying privately held financial technology startup Plaid in a $5.3 billion deal, according to a statement from the payments processor. Visa and rival Mastercard had invested in Plaid in a $250 million series C funding round in 2018 that…
Payment firms in New Zealand have committed to rolling out the new payment technology credential-on-file (COF) tokenization to strengthen e-commerce security and enhance conversion rates. Adyen, Bambora, Cybersource, Paystation by Trade Me and Windcave said…
Digital-payments company Visa has invested an undisclosed amount into Southeast Asian ride-sharing and services startup Go-Jek giving it a foothold in the company’s payments platform. The two companies say they will work together to provide greater options…
Up to 60 million users of Razer’s mobile wallet, Razer Pay, will be able to try out the newly-developed virtual prepaid solution by Visa for making payments wherever Visa is accepted without the need for a bank account or a credit card, both companies…
The project with LTA will be one of Visa’s largest implementation for contactless acceptance for transit globally at 30,000 acceptance points. All banks that issue contactless enabled Visa cards will be part of this transit initiative. Consumers will also be…
Visa (NYSE: V), the global payments leader, and LINE Pay Corporation, operator of digital wallet and fintech services on the LINE messaging app, today announced a strategic partnership that will see them create new financial services experiences for their…
Singapore joins other major cities that have enabled open-loop Visa payment cards for public transport, including London, Sydney and New York. Commuters in Singapore can now use their Visa contactless cards or compatible devices to pay for bus or train rides…
Digital remittance company InstaReM has partnered Thai banking group Kasikornbank in an agreement that would see the Singapore startup power cross-border payments for the bank’s clients in select markets, it announced in a press release on Thursday. This…
It was one of four initiatives the company outlined in the “Future of Security” roadmap it launched. Visa said the roadmap focuses on a number of key initiatives that would enable security to evolve at the same pace as the technologies changing the way of…
Increasingly complex card-not-present fraud will cost retailers US$130 billion globally in digital sales over the next five years. A Juniper Research study predicts that retailers’ slow pace in keeping up with new fraud prevention requirements will allow…
Visa, the world’s leader in digital payments, and The Mall Group, Thailand’s leading retail and entertainment complex developer, last week announced a new long-term partnership set to drive the future of retail in Thailand. Building on their existing…
Visa, the world’s leader in digital payments, has today launched its Future of Security Roadmap for Thailand, outlining a robust approach for strengthening payments security in the country over the next 3 years. Visa’s Roadmap focuses on a number of key…
Visa, the world’s leader in digital payments and GARMIN, in partnership with leading financial institutions, announced the launch of GARMIN Pay, a new contactless payment feature on GARMIN smartwatches. Starting 15 November, customers of Kasikornbank,…
Visa announced Kasikornbank is the first Thai financial institution to join the Visa B2B Connect pilot program. Visa B2B Connect is a new platform that Visa is developing to give financial institutions a simple, fast and secure way to process cross-border…
Visa, the world’s leader in digital payments and Fitbit, the leading global wearables brand, today announced that Fitbit Pay™ will be available to its customers in Thailand on Fitbit Ionic or Fitbit Versa and starting November 2018, on its newest tracker,…