Tag "Visa"

Shopee and Visa Inks Five-Year Partnership to Boost the Digital Economy

Shopee, e-commerce platform, and Visa announced a five-year regional strategic partnership intended to encourage greater participation in South East Asia’s digital economy. They added that this partnership is part of Shopee’s mission to better the lives of individuals and businesses

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Visa Pushes for Greater Availability of Tap to Phone Payment Solutions in APAC

Visa is calling on the payments industry to accelerate the availability of Tap to Phone solutions in order to bring more micro and small businesses into the digital economy. Tap to Phone enables sellers to accept Visa contactless payments directly

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Visa Harnesses AI to Reduce Transaction Declines by up to 50%

Visa announced its Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial institutions manage transaction authorisations when service disruptions occur. Using deep learning to analyse past transactions, Smarter STIP generates informed decisions

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Visa Shares Key Findings on How COVID-19 Reshaped Consumer Payments

Visa today announced key findings on how the spending habits and behaviours of Singaporean consumers are changing as operating in the ‘new normal’ takes shape across the globe. These findings come from a Visa survey of consumers from across 40

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Open Banking Platform Railsbank Sees Strategic Investments from Visa

After raising US$ 10 million and expanding to Singapore, the open banking platform Railsbank announced today that it has received yet another round of investments from Visa and Global Brain, a Tokyo-based VC firm. The sum of the investment was

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Aspire Teams up with Visa and NIUM to Launch Payments Card for Businesses

Y Combinator-backed Aspire, announced today a partnership with NIUM, a global financial technology platform, and Visa, to offer corporate cards to its business customers. Aspire Corporate Card will be linked to Aspire flagship Business Account, offering their clients a simpler

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Wirex Launches Crypto Enabled Multicurrency Visa Card

Wirex announced at the Singapore Fintech Festival 2019 today, that they are launching their Wirex Visa Travelcard. The travel card will enable customers to spend multiple crypto and fiat currencies across APAC. According to their media statement, the travel card

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Visa Racks Up Fintech Investments in 2019

Visa, the world’s second-largest card payment organization, has turned to fintech acquisitions, investments and strategic investments to further expand its payments capabilities and reach. At the firm’s Q3’2019 earnings conference call on July 23, Visa’s CEO Alfred F. Kelly, noted

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Visa to Invest in GOJEK and Collaborate on Digital Payments Across Southeast Asia

Visa, has invested in GOJEK, as part of the latter’s ongoing Series F fundraising round. The two companies will work together to provide greater options for cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia. With

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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

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