Visa News & Media
Visa Europe to retain PWC, implement changes after 2018 UK disruption
March 11, 2019
Bank of England, the central bank of the U.K., has exercised its statutory authority to direct Visa Europe to fully implement changes recommended in an…
read nowLloyds Bank to launch cashback pilot at merchants amid cash access concerns
February 19, 2019
Lloyds Banking Group has launched a pilot program to incentivize retailers to give cash back at the point of sale in response to criticism that consumers are…
read nowVisa card-present fraud sinks 80 percent in years since EMV migration
February 14, 2019
Visa has seen continued growth in the number of chip cards and chip-enabled merchants since the EMV liability shift in October 2015, the company said in a…
read nowVisa to acquire UK based global transaction provider Earthport
December 28, 2018
Visa International Service Association, a unit of Visa Inc. known as Bidco, has agreed to pay 198 million pounds for Earthport Plc., a U.K. firm that provides…
read nowVisa, Mastercard among top 10 most valuable US brands
November 30, 2018
Payment card networks Visa and Mastercard have secured the No. 5 and No. 10 spots, respectively, in the newly released list and report, "Brandz Top 100 most…
read nowChase to roll out contactless Visa cards in US
November 15, 2018
JP Morgan Chase, the largest card issuer in the U.S., will roll out Visa contactless payment cards — including debit, credit and co-branded cards — to millions…
read nowPNC Treasury Management pilots dynamic CVV2 technology for commercial card clients
November 9, 2018
PNC Bank Treasury Management, a member of The PNC Financial Services Group Inc., has announced the pilot of dynamic CVV2 technology for commercial card…
read nowVisa, Billtrust aim to eliminate B2B check payments
November 8, 2018
Visa and Billtrust are collaborating on the Billtrust Business Payments Network, which is designed to streamline the delivery of electronic B2B payments to…
read nowVisa report calculates worldwide cost of off-the-books cash-based economy
July 20, 2018
More than 23 percent of the world's economy operates outside the purview of governments, with the result that more than $10.7 trillion of economic activity…
read nowAntelop white-label NFC-enabled wallet for FIs certified 'Visa Ready'
July 5, 2018
Antelop, a provider of white label NFC mobile payment solutions to banks and card issuers, has been deemed Visa Ready certified for Visa Token Service as an…
read nowTweet-storm directed at Visa points out perils of push to cashlessness
June 4, 2018
Visa made a compelling (and ironic) case for cash over the weekend, when the network when down over a large swath of Europe and the U.K. on Friday just before…
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A change in-store? With iZettle buy, PayPal extends its reach in retail payments
by Will Hernandez — Editor, NetWorld Media Group
PayPal's planned purchase of iZettle the "European version of Square," will extend the online payment giant's reach in the retail payments space, particularly…
read now91 percent of US ATMs are EMV-enabled, payments forum reports
May 3, 2018
The U.S. Payments Forum has released its spring 2018 market snapshot, providing updates on the status of the U.S. EMV chip migration and contactless payments…
read nowGemalto contactless biometric Visa card to launch in Lebanon
April 17, 2018
Gemalto is supplying its Visa biometric contactless EMV bank card to areeba, a financial technology company that provides payment solutions in the Middle East.
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EMV adoption in self-service retail: What's taking so long?
by Elliot Maras — Editor, Kiosk Marketplace & Vending Times
EMV compliance is a process that self-service equipment operators need to follow any time a new combination of payment device, software and gateway/processor…
read nowUS ATM operators petition Visa to lift DCC prohibition
March 9, 2018
The National ATM Council has sent a formal public petition to Visa on behalf of consumers and the U.S. ATM industry seeking elimination of network rules that…
read nowVisa charts 70 percent drop in card present fraud post-EMV
February 28, 2018
Visa has published EMV chip card statistics for December, and they show that the technology has made major inroads since the company's first liability shift…
read nowVisa launches pilot test of biometric EMV cards
January 16, 2018
Visa has initiated the first commercial test of an EMV dual-interface payment card with on-card biometric ID, according to a press release.
read nowVisa boards the signature-free EMV bandwagon at last
January 12, 2018
Visa has now joined the other major card networks in eliminating the signature requirement for consumer purchases made in the U.S. with an EMV-enabled…
read nowVisa, Dynamics unveil multifeature wallet card
January 9, 2018
Visa Inc. and Dynamics Inc., an intelligent card developer, have unveiled the Dynamics Wallet Card, a connected payment card slated for availability early this…
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