LoginID, a FIDO-certified authentication provider, has announced additional investment from Visa on the heels of its $6M seed round from payment and fintech entrepreneurs. The investment amount from Visa is undisclosed. “Visa recognizes its role in promoting a secure payment experience for consumers and a frictionless transaction processing for merchants,” said Simon Law, CEO of…
Tag: Visa
Visa and Airbnb Partner To Get Hosts Paid Faster With Visa Direct
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•Visa, provider of digital payments service, and Airbnb, an online marketplace for lodging and experiences, has announced that Airbnb Hosts in select markets will be able to access their earnings more quickly, a statement said. “Through Airbnb’s use of Visa Direct[1], Visa’s real-time[2] push payments platform, Hosts will have an option to move money from Airbnb…
Weyerhaeuser Appoints Nancy Loewe as Chief Financial Officer
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•Weyerhaeuser Company has announced the appointment of Nancy S. Loewe as senior vice president and chief financial officer, effective March 8, 2021. Loewe joins Weyerhaeuser from Visa, where she served as senior vice president of finance, and she brings more than 20 years of financial and operating experience across multiple industries. Her appointment follows the…
Visa announces grants and resources for women-owned businesses in India
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•Visa announced the recipients of its grant program in India to boost women entrepreneurship globally and empower budding businesswomen. As part of Visa’s first global grant program in partnership with IFundWomen, Bunko Junko, My Chapter One and MoWo Social Initiatives each received a INR 7,00,000 grant from Visa and resources from Instamojo to grow their…
BLS International signs contract with Embassy of Brazil in China
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•BLS International, a visa consular and technology services provider has announced that it has commenced accepting appointments for visa applications for the Embassy of Brazil in China. The five-year exclusive contract from the Embassy mandates BLS to operate 15 centers across China. The company is expected to process 4,00,000 applications during the contract. Commenting on…
Visa and IFundWomen to support women owned businesses in India
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•Visa, the global leader in digital payments technology, announced the launch of a grant program in India to support women entrepreneurs with its global partner, IFundWomen. As an extension of two successful programs launched in the U.S. this year, women entrepreneurs in India will now receive funding from Visa to grow and expand their business.…
Innoviti, Visa partner to develop installments platform for face-to-face transactions
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•Innoviti announced that it has entered a partnership with Visa, the leader in payments technology to develop a platform that will enable issuers to extend credit to their cardholders at face-to-face point-of-sale (In India). According to the Company’s press statement, the partnership will provide shoppers the ability to choose how they pay during the purchase…
Visa selects Payswiff as Winner of Visa Everywhere Initiative 2020 in India
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•Visa, the global leader in payments technology, announced Payswiff as the grand winner of the first Visa Everywhere Initiative (VEI) challenge in India. With participation from more than 260 fintechs and 400+ applications, a record number for any VEI program outside the US, the Initiative had challenges focused on digital issuance for driving access to…
Visa announces inaugural $500 mn Green Bond issuance, appoints first Chief Sustainability Officer
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•Visa, a global payments technology company, announced that it has successfully priced its inaugural green bond offering, totaling $500 million, paying a semi-annual coupon of 0.75% and maturing August 15, 2027. The green bond, believed to be the first issued by a digital payments network, will be used to help advance the company’s commitment to…
TerraPay, Visa strategic partnership to drive real-time payments interoperability
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•TerraPay, a global payments infrastructure company, and Visa, have announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances. The TerraPay and Visa global partnership is aimed to develop and deliver solutions to drive repeat consumption of the mobile wallets…
Visa to digitally enable 50 million small businesses worldwide
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•Visa, the world’s leader in digital payments, announced a global commitment to elevate 50 million small and micro businesses (SMBs) worldwide in an effort to get local communities back to business in the wake of the COVID-19 pandemic. Visa said that it is introducing a range of locally designed programs and solutions to enable SMBs…
Mumbai-based Zaggle partners with Visa to launch payment solutions for SMEs
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•Zaggle, a Mumbai-based fintech company offering digitized solutions for expense management, employee tax benefits, rewards & recognition programs and corporate gifting and incentives, announced it has partnered with payments technology major Visa to launch innovative payment solutions for SMEs and startups. Under this partnership, both the companies will jointly create solutions for small and medium…
Visa named Sujatha V Kumar as Head of Marketing for India and South Asia
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•Visa, the global leader in digital payments technology, announced that it has appointed Sujatha V Kumar as Head of Marketing for India and South Asia. In her new role, Sujatha will be driving overall marketing strategy and execution including consumer, retail and digital marketing initiatives for India and the emerging markets of Sri Lanka, Bangladesh,…
Credit card companies ask employees to continue working from home
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•The coronavirus pandemic has completely altered the dynamics of workplaces. Until a few months back, work-from-home meant no work and only an excuse to take a paid leave. But due to the pandemic, that notion is changing completely. During the pandemic, many major corporations had asked their employees to work from home till December end.…
Singapore-based Nium closes latest funding round
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•Nium, Singapore-based global fintech platform, announced that the company has completed its latest fundraise. Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. “I am thrilled to announce that we…