Visa Introduces AI-Powered Innovations for Smarter Payments

Visa Inc. (NYSE: V) today announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers—including delays and confusion with managing account balances and the unpredictability of daily settlement for financial institutions. VisaNet +AI comprises several innovative concepts and new value-added services, including Visa Smarter Posting and Visa Smarter Settlement Forecast, as well as Visa Smarter Stand-In Processing (Smarter STIP), a capability announced in August of last year....

Visa Commercial Pay Brings Virtual Card Capabilities Worldwide

Visa (NYSE:V), the world’s leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, today announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes. Virtual commercial cards have never been more necessary than today. Remote workers are turning to personal cards to pay for corporate expenses, buyers and suppliers need more efficient ways to...

Visa Inc. Announces Appointment of Ramon L. Laguarta to its Board of Directors

Visa Inc.’s (NYSE: V) board of directors announced today that on November 13, 2019, it appointed Ramon L. Laguarta to the Board, effective November 20, 2019, for a term that will expire at the Company’s 2020 Annual Meeting of Stockholders. Mr. Laguarta has served as PepsiCo, Inc.’s CEO and a director since October 2018, and assumed the role of chairman of the board in February 2019. Mr. Laguarta is a strong global leader with extensive...

Visa Names Novo the Overall Winner in the U.S. via the Visa

Novo’s revolutionary banking platform is selected as the overall winner of the 2019 U.S. Visa Everywhere Initiative focused on global innovation in fintech Novo, the no-fee banking platform for modern entrepreneurs, has been selected as the overall winner of the 2019 U.S. edition of the Visa Everywhere Initiative (VEI) out of 561 high growth start up applicants solving payment challenges of tomorrow. Reflecting the diversity of today’s innovation landscape, VEI’s talent pool exhibited cutting-edge technology that ranged from the...

Visa announces fintech partnership to help companies eliminate $33 trillion in paper checks

Visa is partnering with Ingo Money to launch a product for merchants and banks to quickly get onto the payment network‘s systems allowing fast digital payments to customers. It‘s the latest sign of the rise of push-to-card payments where companies use existing card networks to push money to customers, reversing the traditional flow of dollars. In cases where companies want to send money to customers – say, a small business loan or an insurance payout...

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