Latest Headlines

Latest Headlines

Business travelers rejoice: Visa mobile service will reduce declined transactions by 30%

While credit card companies and banks are trying to prevent fraud, their practice of not automatically approving purchases made far from a person's home can be frustrating for business travelers. Visa is coming to the rescue with Visa Mobile Location Confirmation, a mobile service that uses a smartphone's location technology to verify the credit card user's location.

Report: Apple and Visa could team on mobile payments

Apple and Visa may be working on a mobile payment partnership that could involve the iPhone 6, judges Pacific Crest Securities in a research note.

Visa refutes reports of m-commerce chief Gajda's ouster

Visa is refuting a report stating that Global Head of Mobile Product Bill Gajda is no longer with the financial services giant.

Report: Visa mobile chief Bill Gajda ousted in executive shakeup

Visa Global Head of Mobile Product Bill Gajda has been dismissed as part of an executive shakeup spearheaded by first-year CEO Charles Scharf,  NFC Times  reports.

Visa: 253 merchants, 90 financial institutions now support V.me digital wallet

Visa announced that 90 U.S. banks, including Bank of America, PNC Bank, BBVA Compass and others, now support its V.me digital wallet service. That number is almost double the 50 that supported the offering in November. Further, Visa said that fully 253 merchants have agreed to support the company's V.me service, a number that includes 72 merchants signed on during the second quarter.

Visa spends spare network capacity on innovation

The greatest number of transactions the network has had to accommodate at once is 12,000, however, leaving plenty of extra capacity for innovation work.

Visa's Gajda: Mobile payment space is not fragmented, and NFC will rule the market

Bill Gajda, Visa's global head of mobile since 2010, sat down with FMC's Sandhya Raman at last week's Mobile World Congress trade show to talk about these announcements and Visa's mobile strategy at large. The following is a lightly edited version of that conversation.

MasterCard, Visa launch major mobile payment initiatives

MasterCard and Visa took the opportunity of the Mobile World Congress to launch major mobile payment initiatives this week.

Visa's payWave to be incorporated into Samsung's next-gen phones

Visa's payWave application will come pre-installed on all next-generation Samsung phones, in a new partnership between the financial giant and the handset maker.

Visa kicks off mobile payments partner program

Visa is launching a mobile payments initiative to accelerate the migration from cash to digital commerce.