Tag "Visa"

Visa Said Their AI-Powered Fraud Detection Helped Prevent US$25 Bil in Fraud Annually

Visa just announced that their Visa Advanced Authorisation (VAA) process, done using artificial intelligence, has helped financial institutions prevent an estimated US$25 billion in annual fraud. VAA, used by Visa themselves, is a comprehensive risk management tool that  monitors and

Read More

Winners of Inclusive Fintech 50

MetLife Foundation and Visa, with partners Accion and IFC, launch inaugural list to help fintech companies attract capital and resources to benefit the 3 billion financially underserved people globally. MetLife Foundation and Visa with global nonprofit Accion and World Bank

Read More

LINE’s Partnership with VISA Might See the Duo Introducing Crypto Payments Soon

Japanese internet giant LINE announced that its fintech unit LINE Pay has inked a partnership with VISA, which will see both parties provide financial services for their collective user bases of millions of consumer and merchants worldwide. This development seems

Read More

Nearly 50% of Singaporeans Prefer Contactless Payments

Close to 50 per cent of Singaporeans prefer paying with contactless payments (card and mobile) instead of cash, traditional card payments and QR payments according to the 2018 Consumer Payment Attitudes Study by Visa. Almost all Singaporeans are aware of

Read More

RCBC Bank Pulls a Philippine Fintech Thought Leader to Chair Their Innovation Office

The song and dance for incumbents in Philippines right now is “future-proofing”. Joining the trend of entrenched establishments disrupting themselves before they are disrupted, the Rizal Commercial Banking Corporation (RCBC) appoints Lito Villanueva as Executive Vice President and Chief Innovation

Read More

58% Singaporeans Don’t Think They Can Go Without Cash for 3 Days

Despite being known internationally as a fintech hub here, it seems like Singapore is starting to fall behind on cashlessness in Southeast Asia. For example, only 68% of Singaporeans are confident in going cashless for a day, as opposed to

Read More

South East Asia Could Be Fully Cashless in 7 Years: Here’s How Singapore Fares

A report recent released by Visa looks at Southeast Asia’s journey towards cashlessness. In it, 43% of Southeast Asia’s respondents expect their country to be completely cashless within the next seven years. This is all tied to reducing friction and

Read More

Finaxar Wins the Visa Everywhere Initiative with its Financing Solution

Visa announced Finaxar as the winner of the Visa Everywhere Initiative (VEI) 2019 during the Singapore finals. Finaxar is perhaps best known for partnering with Lazada to offer financing for its merchants. It was chosen from a group of ten

Read More

UnionBank-IBM Blockchain Venture Seen to Revolutionize Trade Finance in Philippines

UnionBank of the Philippines has set its eyes on revolutionising the supply chain finance in the Philippines through its tie-up with tech giant IBM. IBM Philippines chief technologist Lope Doromal Jr disclosed that UnionBank and IBM are working on a

Read More

Introducing the LINE Pay-Visa Co-Brand Credit Card

LINE Pay Corporation, operator of the popular smartphone digital wallet service LINE Pay, announced today plans to introduce in Japan the LINE Pay co-brand credit card in partnership with Visa, the global leader in payment solutions. The LINE Pay-Visa credit

Read More