Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Visa will develop its tokenisation services to support commerce.
This week, the FCA makes a return with pro-consumer rules!
This week, news about JP Morgan’s Chase, Visa, and more!
The new collaboration will modernise global money movements for expedited cross-border money transfers.
Businesses can test propositions with a limited number of cards and wallet accounts
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Bankable will allow firms deploy to digital banking and payment services quickly.
A new tool for the FIS clients to process high-value corporate, cross-border payments.
The Visa card replaces the company’s Mastercard prepaid card.
FIS acquires Worldpay, PSD2, Tandem, and other news!
The paytech pals will help US workers access earned wages earlier.
Struggling payments firm finds the deal “very attractive”.
Getting clever for cards on peer-to-peer marketplaces.
Visa and Billtrust have joined forces to develop Billtrust’s Business Payments Network (BPN).
IBM, Hyperledger and Bottomline are among Visa’s new partners for B2B Connect.
Will use Visa Direct, its real-time push payments platform.
Visa has just changed how it addresses the process for disputes on transactions, i.e. chargebacks.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
“Where is the closest ATM?” or “Please cancel my card”.
E-commerce titan could be taking on Visa, Mastercard and PayPal.
But it also faces tax problems in Denmark.
And a blame game with Visa begins.
Fraedom has been a Visa partner for nearly ten years.
With Mountain America Credit Union and Bank of Cyprus for a new EMV dual-interface card.
Startupbootcamp has unveiled the launch of Startupbootcamp Scale, an innovation programme for growth stage start-ups in emerging markets.
Betas, big numbers and the big match. Our latest payments round-up features Emma Technologies, Yolt, and Visa and the football World Cup in 2018.
Spafinder, a marketing, gifting, incentives and rewards brand owned by Blackhawk Network, has unveiled new gift card technology, expanded distribution and additional partner services to make giving the gift of spa and beauty experiences easier for consumers and businesses.
It was a busy week for second- and fiscal third-quarter earnings reports, with American Express, Bank of America and Visa all beating Wall Street expectations, and Blackhawk Network, which also beat analyst predictions, talking international growth, double-digit digital gift card sales and new partner Target set to roll out in Q3.
Move over M-PESA, customers of a Visa-led bank partnership in Kenya will be able to send money to each other domestically without paying transaction fees using mVisa, and the payments network has added additional in-store merchant acceptance for the QR-code-based payment method.
Investors continue to show strong interest in fintech-based payments services providers, as Visa acquires an equity share in fast-growing Swedish e-commerce specialist Klarna, and startups Revolut and Tango Card land significant financing rounds.
Retail payments have taken another step into the future. Payment processor Payscout has launched a virtual reality system that employs Visa Checkout and enables consumers to examine products before ordering them for delivery to shoppers’ homes.
Visa is beefing up its Verified by Visa authentication service. The payments network said it’s upgrading its back-end to support 3-D Secure 2.0. The 3-D Secure messaging protocol was invented by the network more than 15 years ago and has become an industry standard for online authentication.
BitPay, a 2017 Pay Award winner, said this week that it has released its BitPay Visa Prepaid Debit Card in 131 countries. The card “makes it possible for users to convert bitcoin into a spendable dollar, euro or pound balance” on the card in a matter of minutes, the company said.
Payments compete for attention with “RegTech” while an overall lull in disruption suggests that fintech could be in the eye of a storm.
It’s vacation season, and employers have a new tool to encourage employees to take much-needed time off and come back more productive. 401Play is offering what it calls a vacation savings account program with a companion Capital Prepaid Services’ BlazePays Visa Prepaid Card to help employees save for vacation.
Current, a startup comprised of a small team of New York-based fintech entrepreneurs, has launched a prepaid card program and mobile app for kids and parents that goes beyond dispensing allowances
The U.S. purchase volume of credit, debit and prepaid cards increased 7 percent in 2016 compared with last year, according to The Nilson Report. That purchase volume hit $5.648 trillion last year, with the volume from American Express, Discover, Mastercard, and Visa credit cards increasing 8 percent year over over to reach a combined $3.059 trillion—the first time that figure has topped $3 trillion.
U.S. EMV use has hit a milestone. Visa said that for the first time, the number of Visa chip card transactions topped 1 billion last month, a 330 percent increase from March 2016. The announcement comes as the payment network reported a 42 percent overall increase in processed transactions in its 2017 fiscal second quarter.
Blackhawk Network has launched a gift card program with grocery chain Albertsons that promises to give shoppers more options for “spring and summer holidays” such as Mother’s Day and Father’s Day, Blackhawk said. The program focuses on category gift cards that run via the Visa payment network.