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Visa, a global leader in payment technology, today unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), saved victims $350 million across dozens of scams last year. This is in addition to the $40 billion PERC blocked in attempted fraud on the Visa network last year. “Visa has invested over $12 billion dollars in technology over the last five years, including...

Tap. Pay. Done. This simple, secure, and increasingly mobile action has transformed the shopping experience and unlocked opportunities for small businesses worldwide. Today, Visa announced that Tap to Phone has experienced a 200% increase over the past year, supporting millions of sellers of all sizes. In the highest Tap to Phone countries - the U.S., UK, and Brazil - adoption rates have surged, showing a combined growth rate of 234% 1 . Tap to Phone expanded Visa’s tap capabilities with a...

Visa (NYSE: V) today announced its participation in the following investor conferences. On Tuesday, March 11, Chris Suh, Chief Financial Officer, will present at the Wolfe FinTech Forum. The discussion will begin at 10:50 a.m. Eastern Time and last for approximately 35 minutes. On Tuesday, March 18, Lisa Ellis, Global Head of Strategy, will present at the Bank of America Electronic Payments Symposium. The discussion will begin at 8:10 a.m. Eastern Time and last for approximately 45 minutes....

Visa (NYSE: V) today announced its fiscal first quarter 2025 financial results through an earnings release that will be furnished with the Securities and Exchange Commission on a Form 8-K and available on its Investor Relations website at investor.visa.com/financial-information/quarterly-earnings/default.aspx . Visa will host a live audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results. The webcast and all related materials can also be accessed...

In response to the Los Angeles Wildfires, Visa Foundation announced a $2 million donation to support fire aid efforts in its home state of California. By supporting FireAid, Visa Foundation has the opportunity to not only support relief efforts but also help amplify the human spirit through music, community and shared purpose. The donation is a part of Visa’s continued efforts to support Los Angeles-based team members and everyone affected by the devastating event. On January 30, the FireAid...

Visa (NYSE: V) will report its fiscal first quarter 2025 financial results on Thursday, January 30, 2025. After market close, Visa will furnish the results with the Securities and Exchange Commission and post them, along with accompanying financial information, on the Visa Investor Relations website. Visa will issue a news wire alert when the earnings materials are publicly available, including a link to those documents. Visa’s executive management team will then host a live audio webcast...

Visa, a global leader in digital payments, today announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the overall holiday retail spend in the U.S. increased 4.8% year over year. This is across all forms of payment, including cash and check and is not adjusted for inflation. "This holiday shopping season, we’re seeing increasing consumer confidence as people sought out in-store experiences – and went online –...

Visa (NYSE: V) today announced it has completed its acquisition of Featurespace, a developer of real-time artificial intelligence (AI) payments protection technology that prevents and mitigates payments fraud and financial crime risks. This will bolster Visa’s fraud protection capabilities and enhance security for its customers and consumers worldwide. Visa will add Featurespace’s capabilities into its range of fraud prevention and risk-scoring offerings. By combining the two companies’...

Visa's critical investments in the fight against fraud are paying off for holiday shoppers this holiday season. On Cyber Monday alone, Visa blocked nearly 85% more suspected fraud globally compared to last year. 1 Throughout the holiday weekend, suspected fraudulent transactions rose 200% around the world, due in part by the adoption of AI by fraudsters. 2 Over the past five years, Visa has invested $11 billion in cutting-edge technology to combat fraud. This holiday season, as shoppers flocked...

Visa, a global leader in digital payments, today announced that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time 1 . Whether splitting a bill with friends, moving money between accounts, receiving an insurance claim payout or a worker accessing their earned wages, this change will ensure...

Visa and LianLian Global launch Yueda card, a global business payment product, to further facilitate cross-border business payments PR Newswire BEIJING, Nov. 26, 2024 BEIJING , Nov. 26, 2024 /PRNewswire/ -- Today, Visa, the world's leading digital payment brand, and LianLian Global announced at the 2024 China International Supply Chain Expo (hereinafter referred to as "CISCE") that they will deepen their cooperation and launch the global business payment product Yueda Card, providing...

Visa (NYSE: V) today announced its participation in the following investor conference. On Tuesday, December 3, Chris Suh, Chief Financial Officer, will present at the UBS Global Technology and AI Conference. The discussion will begin at 8:55 a.m. Mountain Time and last for approximately 30 minutes. Listen-only audio webcast and replay will be accessible for 30 days following the event and available on the Investor Relations website at investor.visa.com . About Visa Visa (NYSE: V) is a world...

At the opening session of Web Summit in Lisbon, Portugal, Visa unveiled significant commitments to digital creators. Acknowledging the impact of creators on the digital economy, Visa officially recognized creators as small businesses. Today, creators can easily and securely pay and be paid with Visa’s financial tools, resources and products made available to small businesses worldwide. Visa is also helping creators get paid fast. More than two-thirds of creators struggle with slow payouts that...

For years, the card didn’t change. Built for an analog world, one card for one type, debit or credit. The Visa Flexible Credential has fundamentally changed that, allowing people to pay from different account funding sources with a single card. Today, Visa (V: NYSE) announced that the Flexible Credential is expanding to the U.S. and will be rolling out with Affirm, and in the United Arab Emirates with Liv, giving millions more people greater choice and control over how they pay. “The Visa...

Visa Money Travels Digital Remittances Report: Close to nine in 10 Singapore residents send remittances at least once a year PR Newswire SINGAPORE, July 10, 2024 SINGAPORE , July 10, 2024 /PRNewswire/ -- Visa, a world leader in digital payments, has released the results of its Money Travels: 2024 Digital Remittances Adoption Report, with 86 per cent of Singapore residents sending or receiving money at least once a year, and digital apps is their preferred remittance method. The Money Travels:...

Visa Reinvents the Card, Unveils New Products for Digital Age PR Newswire SINGAPORE, May 28, 2024 SINGAPORE , May 28, 2024 /PRNewswire/ -- The way people pay and get paid has changed more in the past five years than in the last 50. Consumers have evolved, adapting to new payment experiences – from the advent of embedded, digital commerce to the rapid adoption of "the tap." Visa is announcing a suite of new products and services that will be available in Asia Pacific . These solutions are set...

Visa tokens bring USD2 billion uplift to digital commerce in Asia Pacific PR Newswire SINGAPORE, March 26, 2024 With the increase in digital transactions, Visa Token Service can help to facilitate smoother consumer checkout experiences, to decrease fraud and to improve payment authorisations SINGAPORE , March 26, 2024 /PRNewswire/ -- Asia Pacific's digital economy experienced an uplift of more than USD2 billion [1] in 2023 as a result of Visa Token Service (VTS) adoption, Visa announced today....

Visa Singapore Innovation Center ushers in a new era of payments PR Newswire SINGAPORE, Feb. 22, 2024 Visa unveils its revamped Singapore Innovation Center,advancing its global strategy to pioneer smarter payments through collaboration with Asia Pacific partners SINGAPORE , Feb. 22, 2024 /PRNewswire/ -- Visa, a world leader in payments, today announced the opening of its transformed Singapore Innovation Center, a dedicated space for partners, clients and businesses in Asia Pacific . As the...

Visa study: 97% of Asia Pacific travellers opt to go cashless when travelling PR Newswire SINGAPORE, Nov. 30, 2023 Only 31 percent of travellers brought cash to their destinations in 2023, down from 79 percent in 2020. Travellers are also spending more, with an average of $2,525 per trip – a significant jump from $1,708 in 2020 SINGAPORE , Nov. 30, 2023 /PRNewswire/ -- Asia Pacific travellers prefer using credit, debit and prepaid cards as payment method when travelling, according to the...

Visa and Tencent Financial Technology Extend Global Partnership to Facilitate Remittances to Digital Wallets Utilising Visa Direct PR Newswire SINGAPORE, Nov. 16, 2023 SINGAPORE , Nov. 16, 2023 /PRNewswire/ -- Visa, a world leader in digital payments, and Tencent Financial Technology, the fintech division of Tencent , a global internet company, announced today at the Singapore Fintech Festival 2023 that they are partnering to enable Weixin users to receive inbound remittance in their digital...