Visa

1502 results about this entity

Period: 26 Feb 2008 - 13 Aug 2024

Fed surprises markets with watered-down interchange caps

Shares in major US issuing banks and card schemes moved up late Tuesday as the Federal Reserve issued a watered-down take on the Durbin Amendment on interchange fees, setting the cap at 21 cents per transaction, rather than the 12 cent ceiling proposed in earlier consultations.

WikiLeaks hacktivists take down MasterCard

Hacktivisits crashed the Website of international card scheme MasterCard for two hours Monday, in protest at the continuing blockade of funds for whistle-blowing outfit WikiLeaks.

ANZ contactless m-payments trial disappoints

Following a pilot, Australia's ANZ has decided not to push ahead with a microSD-based iPhone case that turns the mobile handset into a contactless payments device.

Visa makes mobile payment play with $110 million cash deal for Fundamo

Visa has stepped up its investment in emerging mobile payments market with a $110 million cash deal to buy Fundamo, a provider of mobile financial services technology for banks and wireless operators in developing economies. The card payment scheme has also formalised an extended five-year agreement with m-banking outfit Monitise.

Senate vote paves the way for US interchange reform

US lawmakers have rejected a bill to delay the introduction of interchange fee caps on debit card payments, putting the skids under shares in Visa and Mastercard.

Visa predicts 20 million UK contactless cards by end of year

The number of Visa contactless cards in use in the UK is expected to reach 20 million by the end of 2011, boosted by the roll out of NFC terminals at major outlets like McDonald's.

O2 contracts suppliers for mobile wallet launch

UK wireless carrier O2 has contracted with Wave Crest, FIS, Intelligent Environments and Visa Europe to deliver the payments and processing systems for the launch of a full-scale commercial mobile wallet service in the 'second half of 2011'.

Lloyds joins Visa and Samsung on 2012 Olympics m-payments

Lloyds TSB has joined fellow official London 2012 Olympic and Paralympic sponsors Visa and Samsung on their special Games contactless mobile payments handset.

Industry heavyweights launch FreeMonee 'gift network'

A group of veterans from the banking, retail and e-commerce worlds have launched a "cash-gift network" that lets firms send monetary incentives straight to customers' credit and debit cards.

Visa preps digital wallet

Visa's assault on the online and mobile commerce markets is gathering momentum, with a digital wallet coming to customers in the US and Canada this autumn.

Following VeriFone spat and Visa investment, Square adds encryption

After a high-profile spat with rival VeriFone over its security credentials, mobile payments start-up Square is set to roll out new, encryption-capable, hardware.

Visa invests in Square

Visa has backed Square, investing an unspecified amount in the mobile payments start-up founded by Twitter's Jack Dorsey.