Visa is set to acquire e-commerce payment authentication company CardinalCommerce, which provides data to card issuers for increased online transparency, it was announced today. “At Visa our goal is really to jumpstart the [e-commerce] industry,” said Mark Nelson, senior vice president of risk and authentication products at Visa. “By partnering withRead More
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The Madison Square Garden company has notified customers of a breach that took place on its payment processing systems, the perpetrators of which gained access to customer data including names, credit card numbers, and security codes. Adding to the misfortune of the breach is the fact that many of theseRead More
When it comes to introducing cashless transactions to new markets across the world, Visa is usually the pioneer. Not so in China, however, according to Visa’s Chief Financial Officer Vasant Prabhu: Normally we go into countries, and we are the ones who are out there, doing the missionary work inRead More
It seems as though fintech-ers are more interested in chatbots than blockchain these days, but that doesn’t mean distributed ledger technology has slid out of the spotlight. Blockchain startup Chain made waves at the recent Money20/20 event when it announced what it’s calling the Chain Core Developer Edition: basically theRead More
Electronic signature firm DocuSign has been around since 2003. It allowed parties to contracts to sign from their computers, and later, from mobile devices. But users couldn’t pay at the time of signing — that required following up. Today DocuSign introduced payment at signing, as well as partnerships with Android Pay, AppleRead More
A new series of videos highlights Visa’s eagerness to open its API platform to FIs and startups. Visa has been releasing videos for the API platform, known as Visa Developer, for several months, but the newest videos feature testimonials from institutions and startups. The platform, which launched in February, is designed to openRead More
ClearXchange has racked up an impressive series of wins in recent months, bringing several major banks live on its realtime payments network. But this week it may have scored its biggest win of all — signing longtime holdout Citigroup. ClearXchange’s client roster already includes the nation’s largest banks: JPMorgan Chase,Read More
Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More
It was announced today that Visa Europe Collab, part of Visa Inc, will be partnering with the world’s first publicly listed blockchain company, the BTL Group, in order to test out a proof of concept on running interbank settlements through blockchain. Backed by Visa, which has been exploring the potential applicationsRead More
Bill Gadja, Visa’s senior vice president of innovation and strategic partnerships, has confirmed that he will attend Bank Innovation Israel to speak about payments. Bank Innovation Israel is the leading fintech event in Startup Nation, as Israel is called.