Visa

Apple Pay, Amazon Visa to work together (someday)

Apple Pay, Amazon Visa to work together (someday)

One thing you can bank on with Amazon (pun intended) is that they’ll do their own thing, in their own way, on their own time. You can also safely assume that if an outside interest doesn’t align with theirs, they’ll be sure to resist it. That was the case with Apple Pay, where an Amazon rewards Visa, issued by Apple Pay partner Chase, went unsupported at launch. The only reason it would have been missing from your digital wallet was Amazon, but they’re working on support. Maybe. Someday.

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MasterCard, Visa push for chip-based cards for added security

MasterCard, Visa push for chip-based cards for added security

While Target recovers from their shocking $40 million credit and debit card record theft from last year, Visa and MasterCard have joined forces to push for a new chip-enabled card that will improve security for all transactions. These two credit card brands have set a potential October 2015 deadline for all US retailers to adopt and setup the infrastructure for the new card system.

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NSA documents show spying branch and databank for international transaction monitoring

NSA documents show spying branch and databank for international transaction monitoring

A document of information obtained by Edward Snowden has been revealed by SPIEGEL, in which the media company says the NSA is shown to have engaged in widespread monitoring of credit card transactions, payments, and banking of an international nature. Furthermore, it is shown that the intelligence agency has a dedicated branch for this called "Follow the Money," and a databank to contain the gathered information.

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Samsung and Visa sign agreement to accelerate NFC payments

Samsung and Visa sign agreement to accelerate NFC payments

Samsung and Visa are looking to take the phenomenon of NFC mobile payments global. Both companies have signed a global alliance agreement that will significantly accelerate the use of NFC mobile payments throughout the world. This agreement will allow any business that enables or is planning on enabling mobile payment programs to be able to use the Visa Mobile Provisioning Service with their programs.

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Hackers steal millions from ATMs on Christmas Eve

Hackers steal millions from ATMs on Christmas Eve

Reports are coming in that in the final days of 2012 hackers were able to pull off a major scam using ATM machines and prepaid credit cards. The attack was so successful, that Visa warned all US payment card issuers to be on high alert for additional ATM cash-out fraud schemes in 2013. Sources in the financial industry and law enforcement cited by Krebsonsecurity.com say that thieves made off with approximately $9 million in the scam.

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Facebook breaks IPO volume record

Facebook breaks IPO volume record

In a day that's had Facebook making history in more ways than one, the social network has broken the first day IPO Trading Volume record with more than 460 million shares traded throughout the day. This record beats the previous top spot holder General Motors which had 458 million shares traded its first day going public in 2010. Trading will end at 4 PM EDT at which time we'll know whether or not Facebook has broken any other records for an IPO - it currently also in contention with Visa for largest ever about of cash raised from and IPO with Visa's 2008 number sitting at $17.9 billion USD while Facebook runs around $16 billion USD throughout the day.

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CTIA 2012 round-up: Accessories

CTIA 2012 round-up: Accessories

The two big categories of interest at CTIA 2012 as far as we're concerned are Devices and Accessories, the latter being what we're going to have a look at today. Have a peek back at our CTIA 2012 Devices round-up from yesterday and prepare yourself here for a set of oddities and masterfully executed device helpers such as you've never laid your own eyes on before! This year's CTIA was a little bit more tame than in past years for how powerful a delivery of devices it was, so we had a chance to hit accessories hard - behold the fruits of our labor, one by one!

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VISA President: we’ve “moved beyond” NFC

VISA President: we’ve “moved beyond” NFC

This morning at the 2nd full day's keynote at CTIA 2012, VISA President John Partridge offered the company's view on how the mobile world will expand in the very near future. In and important step in the story of banking across the earth, mobile banking specifically, 2.5 billion "unbanked" adults across were introduced to mobile banking in the very recent past which has "transformed the lives of millions of people" said Partridge. "NFC technology has been the global mobile payment standard technology" noted Partridge, "this is a critical step," through "VISA has moved beyond this method" with V.me by VISA.

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CTIA 2012 Keynote Day 2 with Spotify, Firefox, VISA, and EA: We’re here!

CTIA 2012 Keynote Day 2 with Spotify, Firefox, VISA, and EA: We’re here!

This morning we're live at the second full day of CTIA 2012 in New Orleans at the Day 2 keynote with no less than CEOs and Presidents of Spotify, Mozilla Firefox, Visa, and Electronic Arts. We'll be hearing from Daniel Ek, CEO and co-founder of Spotify and Gary Kovacs, CEO of the Mozilla Corporation. We'll also be hearing from John Partidge, President of VISA Incorporated as well as John Riccitiello, CEO of Electronic Arts (aka EA). Stick with us for the next hour (and the rest of the day, of course) for all the hot CTIA 2012 action!

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