AP, Canada, CEMEA, LAC, U.S. | Acquirers, Issuers, Processors, Agents Visa is committed to safeguarding the integrity of its payment system by ensuring that all fraudulent activity is swiftly re-mediated. Members are encouraged to follow industry best practices, adhere to the Visa International Operating Regulations and implement strong security controls to protect their operations and [...]
Tag Archives: Visa
Thu 02/23/2012 - 09:52
Sat 12/18/2010 - 01:02
Visa Inc. (NYSE: V), the world’s largest retail electronic payments network1, today announced it is making shopping easier and more convenient for budget-conscious consumers by offering the Visa Mobile application for the iPhone. Through a simple tap of the finger Visa account holders now have access to more than 50 unique merchant offers ranging from [...]
Wed 05/19/2010 - 02:42
Cross-Posted from Digital Transactions The gap in acceptance costs between PIN-based and signature debit, once wide, continues to narrow, payments executives say. The trend is most apparent in the new interchange schedules for Visa Inc.’s Interlink electronic funds transfer network and the signature-based Visa check card. A number of Interlink rates are rising by percentages [...]
Mon 02/15/2010 - 11:57
IT experts say they have uncovered flaws in the chip and Pin system which are being exploited by fraudsters to use stolen debit and credit cards. 9:21am UK, Friday February 12, 2010 Neal Walker, Sky News Online A team from Cambridge University’s Computer Laboratory found that criminals can insert a “wedge” between any stolen card [...]
Tue 01/12/2010 - 01:04
The New York Times By ANDREW MARTIN Published: January 4, 2010 Every day, millions of Americans stand at store checkout counters and make a seemingly random decision: after swiping their debit card, they choose whether to punch in a code, or to sign their name. It is a pointless distinction to most consumers, since the [...]
Mon 01/11/2010 - 03:16
Submitted by epayments on January 9, 2010 – 9:31pm PRINCETON, N.J. & SAN FRANCISCO – (AllPayNews) Heartland Payment Systems® (NYSE: HPY), one of the nation’s largest payments processors, and Visa Inc. (NYSE: V) today announced a settlement agreement under which issuers of Visa-branded credit and debit cards will have an opportunity to obtain a recovery [...]
Fri 10/30/2009 - 10:50
October 27, 2009 as posted by Digital Transactions The first Visa-branded debit cards in Canada will be out in 2010′s first quarter, Visa Inc. chairman and chief executive Joseph W. Saunders reported late Tuesday. Saunders, reviewing Visa’s financial report for fiscal 2009′s fourth quarter, also told analysts that signs of recovery from recession are starting [...]
Wed 06/24/2009 - 07:53
Mikael Ricknäs, IDG News Service as posted by PC World Visa and NeuStar have joined forces and formed an alliance that it hopes will help accelerate the adoption of mobile financial services globally, they said on Tuesday. Those services may include mobile remote payments for services such as bill payment and top-up for wireless airtime [...]
Fri 05/29/2009 - 10:14
May 29, 2009 – Linda McGlasson, Managing Editor BankInfo Security While it’s hard to get a handle on just how many consumers were affected by the Heartland Payment Systems (HPY) data breach, the total number of institutions now reporting card compromises is at 656. The tally reflects many banks and credit unions with losses of [...]
Thu 05/28/2009 - 11:28
27 May 2009 – 16:56 US Bank is piloting a card that can be used for for traditional magnetic stripe purchases, Visa payWave contactless transactions and to gain access to secure facilities. The bank is trialling the technology with staff in Minneapolis, enabling participants to use their pre-paid payroll account cards to make purchases and [...]
Tue 05/26/2009 - 05:47
By Hugh Son May 22 (Bloomberg) — MasterCard Inc., the world’s second- largest electronic payments network, will lose more than half of a $59 billion portfolio of U.S. debit-card users after JPMorgan Chase & Co. decided to shift more business to Visa Inc., two people familiar with the matter said. MasterCard, which collects fees to [...]
