2016 Press Releases

Keyword Search
 
2016  |  2015
DateTitle
12/01/16Visa to Acquire CardinalCommerce to Secure and Accelerate Digital Commerce
Next-generation fraud solutions will help secure transactions made by browser, mobile app, or connected devices SAN FRANCISCO & MENTOR, Ohio--(BUSINESS WIRE)--Dec. 1, 2016-- Visa (NYSE:V) today announced an agreement to acquire CardinalCommerce, an industry leader in e-commerce payment authentication. The acquisition will enable more secure, seamless payments, whether made through a browser, mobile app, or connected device, and will help Visa’s c... 
12/01/16Visa Checkout and Papa John’s Team Up to Bring Fans Free Pizza
NFL Stars Antonio Brown and Malcolm Butler Show Fans the Seamless Ordering Experience SAN FRANCISCO & LOUISVILLE, Ky.--(BUSINESS WIRE)--Dec. 1, 2016-- Continuing its quest to provide the best fan experience, Visa, an NFL Sponsor for more than 20 years, announced the availability of Visa Checkout with Papa John’s, the Official Pizza Sponsor of the NFL. Pizza and football fans can now spend more time building their favorite pizza and watchin... 
11/22/16Visa Modifies Policies on Debit Routing
SAN FRANCISCO--(BUSINESS WIRE)--Nov. 22, 2016-- Visa (NYSE:V) today modified and clarified existing debit network routing rules to help merchants and acquirers better understand implementation options related to the adoption of EMV chip technology in the U.S. The modifications and clarifications follow new guidance recently issued from the Federal Reserve and address a Federal Trade Commission inquiry. With Visa chip cards, debit routing a... 
10/31/16Visa Inc. to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 31, 2016-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences in the month of November. On Thursday, November 10, Bill Gajda, SVP Innovation & Strategic Partnerships, will present at the RBC Capital Markets 2016 Technology, Internet, Media and Telecommunications Conference in New York. The discussion will begin at 9:20 a.m. Eastern Time and last for approximat... 
10/25/16Visa Opens Tokenization Services to Third Party Partners
New Token Service Framework Allows More Companies to Scale Secure Digital Payments Globally LAS VEGAS--(BUSINESS WIRE)--Oct. 25, 2016-- Today Visa (NYSE:V), announced it is accelerating the adoption of secure, digital payments by allowing third party partners to offer Visa Token Service (VTS). By expanding access to VTS to new partners – including technology companies, device manufacturers, issuers, Internet-of-Things (IoT) companies, wallet p... 
10/24/16Visa Inc. Reports Strong Fiscal Fourth Quarter and Full-Year 2016 Results
GAAP quarterly net income of $1.9 billion or $0.79 per share, including special items GAAP full-year 2016 net income was $6.0 billion or $2.48 per share, including special items Adjusted quarterly net income of $1.9 billion or $0.78 per share, excluding special items Adjusted full-year 2016 net income of $6.9 billion or $2.84 per share, excluding special items SAN FRA... 
10/24/16FIDO Alliance Announces New Authentication Specification Effort with EMVCo to Bring Added Security and Convenience to Mobile Payments
The new effort builds on FIDO's existing partnership with W3C to provide a standard way for mobile wallet providers and payment application developers to support on-device cardholder verification (CDCVM) with biometrics or other authenticators LAS VEGAS, NV -- (Marketwired) -- 10/24/16 -- MONEY20/20 - FIDO Alliance, the industry consortium developing open, interoperable authentication standards, announced today that it will work with EMVCo to add convenience and security to in-store and in-ap... 
10/24/16Visa Checkout Opens Platform for Integration with Digital Wallets
Google’s Android Pay to partner with Visa Checkout for online payments SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--Oct. 24, 2016-- Visa (NYSE:V) today announced that Visa Checkout is opening its platform to partners – allowing them to integrate the easy and secure payment service into digital wallets for online payments. Google’s Android Pay will take advantage of this new open platform by offering Visa Checkout to their consumers for online purc... 
10/24/16Visa and Intel Collaborate to Drive Better Payment Security for Connected Devices
Through encryption and authentication technologies, Intel and Visa will create a more secure payment process for the Internet of Things LAS VEGAS--(BUSINESS WIRE)--Oct. 24, 2016-- MONEY20/20 – Visa (NYSE:V) and Intel® today announced a collaboration agreement to help bring world-class payment and data security technologies to the growing world of connected devices—from personal computers and mobile devices, to intelligent appliances and wearab... 
10/21/16Visa Direct Expands Its Reach With Real-Time, Card-Based P2P and Funds Disbursements Services
Payment processors, financial institutions and technology companies select Visa Direct’s innovative platform for fast and easy integration into their payment services SAN FRANCISCO--(BUSINESS WIRE)--Oct. 21, 2016-- Today Visa (NYSE:V) announced that Visa Direct continues to gain momentum as a faster payments solution through key partnerships with FIS and Jack Henry & Associates, Inc. (NASDAQ: JKHY) for person-to-person (P2P) payments, and ... 
10/21/16Visa Introduces International B2B Payment Solution Built on Chain’s Blockchain Technology
Blockchain infrastructure helps to deliver a faster, more transparent way for corporate clients to exchange payments across the world SAN FRANCISCO--(BUSINESS WIRE)--Oct. 21, 2016-- Visa Inc. today announced a preview of Visa B2B Connect, a new platform that Visa is developing to give financial institutions a simple, fast and secure way to process business-to-business payments globally. This Smart News Release features multimedia. View the full rel... 
10/18/16Visa Inc. Declares Quarterly Dividend, Increases Dividend Rate by 18%, and Announces Record Date for the 2017 Annual Meeting of Stockholders
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 18, 2016-- Visa Inc. (NYSE: V) today announced that on October 17, 2016, its board of directors declared a quarterly cash dividend of $0.165 per share of class A common stock (determined in the case of class B and C common stock and series B and C convertible participating preferred stock on an as-converted basis), payable on December 6, 2016, to all holders of record as of November 18, 2016. In additio... 
10/17/16Visa Announces CEO Succession Plan
Charlie Scharf to Resign as CEO effective December 1; Alfred F. Kelly, Jr. Named CEO SAN FRANCISCO--(BUSINESS WIRE)--Oct. 17, 2016-- Visa Inc. (NYSE:V) today announced that Charlie Scharf is resigning as chief executive officer effective December 1, 2016, and the board of directors has unanimously voted to appoint Alfred F. Kelly, Jr. as CEO. Mr. Kelly, a current Visa board member, is the president and chief executive officer of Intersection C... 
10/06/16Visa Inc. to Announce Fiscal Fourth Quarter and Full-Year 2016 Financial Results on October 24, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Oct. 6, 2016-- Visa Inc. (NYSE:V) will report its fiscal fourth quarter and full-year 2016 financial results on Monday, October 24, 2016. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to ... 
09/29/16One Year Anniversary of U.S. Chip Card Launch Marks Significant Progress
Chip technology resulting in lower fraud rates, acceleration of mobile payment adoption, and easier international payment acceptance SAN FRANCISCO--(BUSINESS WIRE)--Sep. 29, 2016-- Visa Inc. (NYSE: V) today celebrated the one-year anniversary of the official launch of chip payment technology in the United States. With steady progress and growth since October 1, 2015, there are now more than 1.46 million chip-enabled businesses and 363 million chip-en... 
09/27/16Visa and Oracle Introduce New Tools to Help Improve Digital Ad Performance
Working with Oracle Data Cloud, Visa Advertising Solutions Uses Transaction-Based Insights to Help Merchants Target and Measure Digital Advertising Effectiveness SAN FRANCISCO & REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Sep. 27, 2016-- Visa Inc., in partnership with Oracle, today introduced Visa Advertising Solutions, a new suite of products to help merchants understand whether their digital advertising efforts are influencing consumer purchase ... 
09/07/16Visa Inc. to Participate in Upcoming Investor Conference
SAN FRANCISCO--(BUSINESS WIRE)--Sep. 7, 2016-- Visa Inc. (NYSE:V) today announced its participation in the following investor conference in the month of September. On Wednesday, September 14, Sam Shrauger, SVP Digital Products, will present at the Deutsche Bank 2016 Technology Conference in Las Vegas. The discussion will begin at 11:10 a.m. Pacific Time and last for approximately 35 minutes. A listen-only audio webcast and replay w... 
09/06/16PayPal’s Braintree to Offer Visa Checkout – Expanding Choice for Merchants and Consumers
Visa-PayPal partnership continues to drive the proliferation of digital payments SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--Sep. 6, 2016-- Visa (NYSE:V) and PayPal (NASDAQ:PYPL) today announced that Visa Checkout will soon be available as a payment service for Braintree merchants. Braintree, a PayPal company that powers payments for companies like Airbnb, Eventbrite, Pinterest and Uber, offers simple solutions that e... 
08/30/16Uber and Visa Introduce ‘Local Offers’ Program to Help Merchants Tap Into Local Spend Opportunities
Actress Kaley Cuoco Uses Local Offers to Dine, Ride and Earn Uber Discounts SAN FRANCISCO--(BUSINESS WIRE)--Aug. 30, 2016-- Uber and Visa Inc. (NYSE: V) today announced Uber Local Offers, a new way for riders to earn discounted rides by simply using the same Visa credit card on file with Uber at their favorite local merchants*. With Uber Local Offers, Uber riders get more out of shopping and dining, while merchants get a simple new way to acqu... 
08/04/16Technology Companies and Financial Institutions Select Visa Direct for Real Time Payments
Leading US Banks, Early Warning, Fiserv, Ingo Money, PayPal and Square choose Visa Direct for its ubiquity, speed and security SAN FRANCISCO--(BUSINESS WIRE)--Aug. 4, 2016-- Visa (NYSE:V) today announced that more companies in the United States are choosing Visa Direct to expand their real-time payment services. Visa Direct is a payments platform designed to allow financial institutions, developers and partners to offer secure real-time1 perso... 
08/04/16Visa Launches Global Financial Education Initiative for Olympic Athletes
Award-Winning, Personal Finance Education Program to Help Empower Athletes RIO DE JANEIRO & SAN FRANCISCO--(BUSINESS WIRE)--Aug. 4, 2016-- Visa Inc. (NYSE:V) today announced a global financial education program at the Rio 2016 Olympic Games that will help Olympic athletes take control of their financial futures. The program, developed in partnership with the International Olympic Committee (IOC), will help current athletes, and tho... 
08/03/16New Leaf Community Markets is First Merchant to Use Visa’s Quick Chip, Deployed by Index, to Speed Consumer Chip Card Transactions
Quick Chip helps streamline entire chip implementation, enabling merchants to become chip-ready in less than one week SAN FRANCISCO--(BUSINESS WIRE)--Aug. 3, 2016-- Earlier this year, Visa announced Quick Chip, a technology enhancement that optimizes EMV®1 chip card processing to not only speed up checkout times, but also significantly streamline chip implementation. This Smart News Release features multimedia. View the full release here: http://w... 
08/03/16CyberSource Equips Merchants With Loyalty Fraud Solution to Protect Consumer Accounts
As Consumer Loyalty Programs Grow, Associated Fraud Prompts Need for Greater Security SAN FRANCISCO--(BUSINESS WIRE)--Aug. 3, 2016-- CyberSource, a Visa Inc. (NYSE:V) company, announced the launch of its Loyalty Fraud Management Solution, a new service that helps businesses guard against fraudulent account creation and protect customers from illegal use of their loyalty accounts, including theft of points, miles and misuse of payment credentia... 
07/25/16Visa to Open New Silicon Valley Office
Company expands technology research and development of new digital commerce solutions SAN FRANCISCO--(BUSINESS WIRE)--Jul. 25, 2016-- Visa Inc. (NYSE:V) today announced plans to open a new office in Silicon Valley as part of its continued efforts to accelerate digital commerce globally. The new 62,000 square foot facility, located in Palo Alto, will be a combination of office and collaboration spaces for approximately 300 Visa employees focuse... 
07/21/16Visa Inc. Reports Fiscal Third Quarter 2016 Results and Announces a New $5.0 Billion Share Repurchase Program
GAAP quarterly net income of $412 million or $0.17 per share including special items related to the acquisition of Visa Europe Adjusted quarterly net income of $1.6 billion or $0.69 per share excluding special items related to the acquisition of Visa Europe The Company authorized a new $5.0 billion share repurchase program SAN FRANCISCO--(BUSINESS WIRE)--Jul. 21, 2016-- Visa Inc. (NYSE:V) today announce... 
07/21/16PayPal and Visa Enter Partnership to Extend Consumer Payment Choice
Companies Collaborate to Accelerate the Adoption of Digital Payments SAN JOSE, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--Jul. 21, 2016-- PayPal (NASDAQ:PYPL) and Visa (NYSE:V) today announced a U.S. strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in how consumers pay with the PayPal and Venmo wallets. The partnership puts PayPal and Visa on a new ... 
07/20/16Visa Adds Refugee Olympic Athletes to Complete Team Visa Rio 2016 Roster
Sixty Olympic and Paralympic athletes form the company’s largest, most diverse Team Visa SAN FRANCISCO--(BUSINESS WIRE)--Jul. 20, 2016-- Visa Inc. (NYSE:V) announced today the full Team Visa roster for the Rio 2016 Olympic Games. With 60 athletes, it is the most expansive group of Olympic and Paralympic athletes that Visa has supported to date. This Smart News Release features multimedia. View the full release here: http://www.businesswire.... 
07/19/16Visa Inc. Declares Quarterly Dividend
SAN FRANCISCO--(BUSINESS WIRE)--Jul. 19, 2016-- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.14 per share of class A common stock (determined in the case of class B and C common stock and series B and C convertible participating preferred stock on an as-converted basis), payable on September 6, 2016, to all holders of record of the Company's class A, B and C common stock and series B and C conver... 
07/07/16Visa Celebrates Rio 2016 Olympic Games With Visa VIP Lounges Exclusively for Visa Chase United Cardmembers
Visa VIP Lounges Across Five Locations Will Feature Appearances by Olympic Athletes, Olympic Games-Themed Giveaways, Brazilian-Themed Food and Beverage, and More SAN FRANCISCO--(BUSINESS WIRE)--Jul. 7, 2016-- Today, Visa announced the creation of five Visa VIP Lounges exclusively for Visa Chase United Cardmembers to celebrate the Rio 2016 Olympic Games. Courtesy of Visa, the Visa VIP Lounges will offer exclusive experiences in the following lo... 
07/05/16Visa Inc. To Announce Fiscal Third Quarter 2016 Financial Results on July 21, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Jul. 5, 2016-- Visa Inc. (NYSE:V) will report its fiscal third quarter 2016 financial results on Thursday, July 21, 2016. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss f... 
06/21/16Visa Inc. Completes Acquisition of Visa Europe
Company appoints Gary A. Hoffman, CEO of Hastings Group, to its Board of Directors SAN FRANCISCO & LONDON--(BUSINESS WIRE)--Jun. 21, 2016-- Visa Inc. (NYSE: V) today announced the completion of its acquisition of Visa Europe Ltd. The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients and partners, 40 million merchant outlets, and 3.0 billion Visa cards ... 
06/20/16Visa Launches Global Olympic Games Campaign: Athletes “Carpool” Their Way to Rio
Visa to highlight innovative payment products and acceptance on journey to Rio 2016 Olympic Games Campaign includes three detours featuring Visa merchants, Best Buy, Costco and United Airlines SAN FRANCISCO--(BUSINESS WIRE)--Jun. 20, 2016-- Visa Inc. (NYSE:V), the exclusive payment provider at the Olympic and Paralympic Games, launched its most ambitious integrated global Olympic Games campaign in the company’s history. Marking a bold ... 
06/16/16Visa Inc. Joins the Alliance for Safe Online Pharmacies
WASHINGTON--(BUSINESS WIRE)--Jun. 16, 2016-- Visa Inc. (NYSE:V) is now a member of the Alliance for Safe Online Pharmacies (ASOP Global), it was announced today by ASOP Global’s Executive Director, Libby Baney and Martin Elliott, global head of brand protection for Visa. “While the vast majority of e-commerce merchants operate legitimate businesses, we recognize the threat presented by illegal online pharmacies that endanger public ... 
06/16/16Visa to Help Accelerate EMV Chip Migration and Support Merchants
Streamlined certification, financial and technical support to further accelerate EMV chip terminal deployment Modified chargeback policies will provide near term relief to merchants who are not yet chip-ready SAN FRANCISCO--(BUSINESS WIRE)--Jun. 16, 2016-- Visa Inc. (NYSE:V) today announced a series of initiatives to help accelerate EMV chip migration for merchants. Visa has streamlined its testing requirements, amended and sim... 
06/15/16Momentum for FIDO Authentication Leads Evolution Beyond Passwords
200+ FIDO Certified Products Are Now Available for Simpler, Stronger Authentication MOUNTAIN VIEW, CA -- (Marketwired) -- 06/15/16 -- Now is the time for the world to stop relying on passwords. This is clear as 63 percent of all data breaches involve the use of stolen, weak, or default passwords, while the recent LinkedIn, Myspace, Tumblr and Fling password leaks left 642 million accounts compromised and millions scrambling to change the old, simple passwords that they reuse across applicatio... 
06/14/16Using Visa’s Intelligent Analytics, Gas Retailers See a Reduction in Fraud
Visa Transaction Advisor has helped reduce lost and stolen fraud chargeback rates by 51 percent and counterfeit fraud rates by 54 percent SAN FRANCISCO--(BUSINESS WIRE)--Jun. 14, 2016-- Visa Inc. (NYSE:V), the global leader in payments, today reported on results of Visa Transaction Advisor (VTA), a service that extends the power of Visa’s global risk intelligence to fuel merchants, helping to reduce fraud at the gas pump. More than 35,000 gas station... 
06/09/16Visa Study Estimates Households Traveling Internationally Will Surpass 280 Million By 2025
Household Spend on International Travel to Reach $5,300 Annually in 2025 SAN FRANCISCO--(BUSINESS WIRE)--Jun. 9, 2016-- Visa Inc. (NYSE:V) today released the results of a new study that forecasts a significant increase in international travel by households globally over the next decade. The study estimates that roughly 282 million households will plan at least one international trip per year by 2025, up nearly 35 percent from 2015. ... 
06/07/16Visa Introduces Digital Commerce App to Grow Mobile Capabilities of U.S. Financial Institutions
More than 40 financial institutions, including Affinity Federal Credit Union, PNC Bank and Webster Bank to launch innovative mobile commerce apps developed by Visa SAN FRANCISCO--(BUSINESS WIRE)--Jun. 7, 2016-- Today, Visa Inc. (NYSE:V) introduced the Visa Digital Commerce App, an issuer-branded mobile commerce solution that enables financial institutions to offer their own mobile app to customers with valuable card management services – ultim... 
06/03/16Visa Welcomes Swimming Athlete Yusra Mardini to Team Visa Rio 2016
Visa to invite additional refugee Olympic athletes to join Team Visa SAN FRANCISCO--(BUSINESS WIRE)--Jun. 3, 2016-- Visa Inc. (NYSE:V) today announced the addition of Yusra Mardini to Team Visa Rio 2016. A competitive swimmer who grew up in Syria, Mardini’s journey to the Olympic Games took a turn one year ago when she fled to Greece with 20 others on a small inflatable dinghy. A few miles from the Grecian shore, the boat’s engine failed and Mardini ... 
06/03/16European Commission Approves Visa Inc.’s Acquisition of Visa Europe
Transaction expected to close before the end of June 2016 SAN FRANCISCO--(BUSINESS WIRE)--Jun. 3, 2016-- Visa Inc. (NYSE:V) today announced that the European Commission has approved the proposed acquisition of Visa Europe Ltd. by Visa Inc. Visa has now received all regulatory approvals required for the acquisition. The transaction has already been cleared by both the Jersey and the Turkish competition authorities. The transaction is expected to close... 
06/02/16Visa Introduces NFC-Enabled Payment Ring for Team Visa Sponsored Athletes to Use at Rio 2016 Olympic Games
Visa Provides Athletes Advanced Payment Experiences to Enjoy the Games SAN FRANCISCO--(BUSINESS WIRE)--Jun. 2, 2016-- Visa Inc. (NYSE:V), the exclusive payment provider at the Olympic and Paralympic Games, today introduced a new innovation for use at the Rio 2016 Games – the first payment wearable ring backed by a Visa account. The Visa payment ring will be given to all Team Visa athletes in Rio, a group of 45 Olympic hopefuls from around the ... 
05/17/16Visa Checkout Expands Presence Across Top Travel, Tourism and Fashion Sites
Team Visa Olympic Gold Medalist David Wise Appears at Shoptalk 2016 SAN FRANCISCO & LAS VEGAS--(BUSINESS WIRE)--May 17, 2016-- Today at industry retail show Shoptalk, Visa announced that a new and diverse set of merchants across the web including Alaska Airlines, Chick-fil-A, Cole Haan, Emirates and Wyndam Hotel Group have signed on to offer Visa Checkout for fast and easy online and mobile payments. "The entire retail industry is changing – and we're partnering with Visa to ensure we ar... 
05/16/16Visa Inc. to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--May 16, 2016-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences. On Monday, May 23, Charles W. Scharf, Chief Executive Officer, will present at the 44th Annual J.P. Morgan Global Technology, Media and Telecom Conference in Boston. The discussion will begin at 10:00 a.m. Eastern Time and last for approximately 35 minutes. On Wednesday, June 1, Charles W. Schar... 
05/07/16Visa Teams Up with Marvel to Offer Financial Education through "Guardian" Comic Book
Public Library Association to make the "Guardians of the Galaxy: Rocket's Powerful Plan" comic book available to public libraries first CLEVELAND, May 7, 2016 /PRNewswire/ -- Visa Inc. [V: NYSE] and Marvel Custom Solutions today announced the release of a new educational comic book that teaches readers of all ages about personal finance. The new comic, Guardians of the Galaxy: Rocket's Powerful Plan, was released in conjunction with Free Comic Book Day. It combines Marvel's iconic Super Heroe... 
04/28/16Start-ups Invited to Dive Into the Visa Developer Sandbox as Part of Second Annual Everywhere Initiative
Winners to Receive $50,000 to Implement Their Solutions and Year-long Business Mentorship SAN FRANCISCO--(BUSINESS WIRE)--Apr. 28, 2016-- Visa Inc. (NYSE:V) today invited start-ups to compete in the company’s second annual The Everywhere Initiative. In partnership with start-up ecosystem company, KITE, Visa is posing three real-life business challenges to the start-up community to create innovative solutions that solve Visa business ... 
04/27/16Visa Opens its First Innovation Center in Asia
Visa Readies Network of Innovation Centers to Foster Collaborative Payment Innovation on a Global Scale SAN FRANCISCO, Calif. & SINGAPORE--(BUSINESS WIRE)--Apr. 27, 2016-- Visa Inc. (NYSE:V) today announced the opening of its Singapore innovation center, the first in a network of new regional innovation centers that Visa is launching globally. The new 7,000 square foot Singapore facility will serve as a destination for clients, partners and ... 
04/27/16Visa Brings Digital Payments to Rio 2016 Olympic Games as 1.2 Million Travelers Are Expected in Brazil
Visa Marks 100 Days to Olympic Games Opening Ceremonies: Readies New Payment Technology Across Rio SAN FRANCISCO--(BUSINESS WIRE)--Apr. 27, 2016-- Visa (NYSE:V) today celebrated the 100 day milestone to the Rio 2016 Olympic Games. In its 30th year as the exclusive payment provider of the Olympic Games, Visa is creating and managing the entire payment system infrastructure and network throughout all venues including stadiums, press cent... 
04/21/16Visa Inc. Reports Fiscal Second Quarter 2016 Results
GAAP quarterly net income of $1.7 billion or $0.71 per share including a non-recurring, non-operating gain related to currency forward contracts Adjusted quarterly net income of $1.6 billion or $0.68 per share excluding a non-recurring, non-operating gain related to currency forward contracts SAN FRANCISCO--(BUSINESS WIRE)--Apr. 21, 2016-- Visa Inc. (NYSE: V) today announced financial results for the Company’s... 
04/21/16Visa Inc. Reaches Preliminary Agreement to Amend Transaction With Visa Europe
SAN FRANCISCO--(BUSINESS WIRE)--Apr. 21, 2016-- Visa Inc. (NYSE: V) today announced that, in response to feedback received from the European Commission, the Company and Visa Europe have reached preliminary agreement to amend their Transaction Agreement to eliminate the earn-out portion of the transaction consideration. The terms of the transaction remain otherwise unchanged. Instead of an earn-out, the cash consideration payable in the tra... 
04/20/16Visa Inc. Declares Quarterly Dividend
SAN FRANCISCO--(BUSINESS WIRE)--Apr. 20, 2016-- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.14 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on June 7, 2016, to all holders of record of the Company’s class A, B and C common stock as of May 13, 2016. About Visa Visa Inc. (NYSE: V) is a global ... 
04/20/16Federal Reserve Bank of Chicago / Visa Inc. Convene Milestone Tenth Annual Global Financial Literacy Summit With Eye Toward Future
Canadian Minister of Finance Bill Morneau Delivers Summit Keynote CHICAGO, April 20, 2016 /PRNewswire/ -- Visa Inc. [NYSE:V] and The Federal Reserve Bank of Chicago today convene the 10th annual global summit on financial literacy, marking a decade-long partnership between the organizations. The 2016 Financial Literacy Summit features a keynote address by Canadian Minister of Finance, Bill Morneau, and brings together international leaders from major government agencies, non-governmental orga... 
04/19/16Visa Speeds Up Checkout Times
Quick Chip for EMV streamlines checkout to make secure chip card transactions faster and even more convenient LAS VEGAS--(BUSINESS WIRE)--Apr. 19, 2016-- At the Electronic Transaction Association’s TRANSACT 16 event, Visa Inc. (NYSE:V) announced the launch of Quick Chip for EMV, a technology enhancement that optimizes EMV®1 chip card processing and speeds up checkout times. The Quick Chip specification is available free-of-charge to pa... 
04/05/16Visa Inc. To Announce Fiscal Second Quarter 2016 Financial Results on April 21, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Apr. 5, 2016-- Visa Inc. (NYSE:V) will report its fiscal second quarter 2016 financial results on Thursday, April 21, 2016. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss ... 
04/04/16FIDO Alliance Announces Over 150 Biometric and Second-Factor Authentication Products Now Certified
Notable Growth in Asia Pacific Region Underscores Global Acceptance of FIDO Specifications as the De Facto Standard for Strong Authentication Technology MOUNTAIN VIEW, CA -- (Marketwired) -- 04/04/16 -- More than 150 products are now FIDO® Certified, up 50 percent in just one quarter, the FIDO Alliance announced today, giving service providers a diverse and flexible range of options to reduce their reliance on passwords and deploy FIDO standards for simpler, stronger authentication of online s... 
03/29/16eBay Joins FIDO Alliance and Announces FIDO Certified Open Source Authentication Server and Android Client
The Online Marketplace Demonstrates Open Collaboration to Define the Standards for Secure Authentication of Online Services SAN JOSE, CA -- (Marketwired) -- 03/29/16 -- eBay today announced its membership in the FIDO Alliance and its FIDO® Certified open source authentication server based on the FIDO UAF protocol. Standing with leading industry members among device manufacturers and software vendors, eBay is the first e-commerce company to directly achieve FIDO certification, and the first to... 
03/25/16Visa Signs on as Strategic Partner of the 2016 U.S.-China Tourism Year
Landmark collaboration promotes tourism and cultural understanding between nations SAN FRANCISCO--(BUSINESS WIRE)--Mar. 25, 2016-- Visa Inc. (NYSE:V) today signed a Cooperation Plan with the China National Tourism Administration (CNTA), establishing Visa as a strategic partner of the U.S.-China Tourism Year. The landmark collaboration between the CNTA, the U.S. Department of Commerce and Visa will provide for a year-long series of events desig... 
03/11/16Visa Checkout Introduces New Interactive Button for Faster Mobile Commerce
The Familiar Card “Swipe” Comes to Online Commerce and Connected Devices New Design Helps Start-ups Compete in Visa’s API Challenge in Austin, TX AUSTIN, Texas & SAN FRANCISCO--(BUSINESS WIRE)--Mar. 11, 2016-- Visa Inc. (NYSE:V) today unveiled a digital “swipe” product enhancement for Visa Checkout that allows shoppers to complete their online purchase by sliding a virtual image of their credit, debit or prepaid card across ... 
03/09/16Visa-Commissioned Study Estimates Migration to Electronic Payments Added Nearly $300B to GDP Across 70 Countries
SAN FRANCISCO--(BUSINESS WIRE)--Mar. 9, 2016-- Visa Inc. today released the results of a new 2016 study conducted by Moody's Analytics that analyzed the impact of electronic payments on economic growth across 70 countries between 2011 and 2015. The Visa-commissioned study found that increased use of electronic payment products, including credit, debit and prepaid cards, added US$296B to GDP, while raising household consumption of goods and services by an... 
03/07/16NTT DOCOMO Rolls Out FIDO Biometric Authentication to iOS Customers
Underscores Rapid Market Adoption of FIDO as the New Standard for Strong Authentication MOUNTAIN VIEW, CA -- (Marketwired) -- 03/07/16 -- The FIDO® Alliance, the cross-industry creators of open standards for simpler, stronger authentication, announced today that Japan's largest mobile network operator NTT DOCOMO, INC. ("DOCOMO") has extended its market-leading deployment of FIDO® Certified strong authentication to its millions of customers with Touch ID®-equipped Apple iPhones and other iOS1 ... 
03/04/16New Star Athletes Join Team Visa Rio 2016
Olympic Hopefuls Missy Franklin, Ibtihaj Muhammad, Sam Mikulak and Connor Jaeger Become the Newest Members of the 40+ Team Visa Rio 2016 Roster SAN FRANCISCO--(BUSINESS WIRE)--Mar. 4, 2016-- Visa Inc. (NYSE:V) today announced four new U.S. Olympic hopefuls who will go for gold as members of Team Visa Rio 2016. These athletes include Missy Franklin, a four-time Olympic champion in swimming; Ibtihaj Muhammad, a 2014 world champion in fencing; Sa... 
02/25/16CUP and Visa Sign MOU to Collaborate on Payments Security, Innovation and Financial Inclusion
SHANGHAI--(BUSINESS WIRE)--Feb. 25, 2016-- China UnionPay (CUP) and Visa Inc. today signed a Memorandum of Understanding (MOU) in Shanghai with both parties agreeing to collaborate on payments security, innovation and financial inclusion. The MOU was signed between Shi Wenchao, President of CUP, and Charlie Scharf, Chief Executive Officer of Visa Inc. The MOU provides an important platform for CUP and Visa Inc., two world-leading payments ... 
02/22/16Visa Checkout Launching Across Europe and India
Merchants and Consumers in Six New Markets Can Take Advantage of Safe Easy Online Payments in Just a Few Clicks BARCELONA, Spain & SAN FRANCISCO--(BUSINESS WIRE)--Feb. 22, 2016-- MOBILE WORLD CONGRESS – Visa Inc. (NYSE:V), today announced that its leading online payment service, Visa Checkout, will be available to merchants and consumers across France, India, Ireland, Poland, Spain and the United Kingdom this year. Visa Checkout brings the securi... 
02/22/16Visa Extends Secure Payments to the Automotive Industry
Visa, Honda and ParkWhiz Showcase Apps that Let Cars ‘Pick up the Tab’ BARCELONA, Spain & SAN FRANCISCO--(BUSINESS WIRE)--Feb. 22, 2016-- MOBILE WORLD CONGRESS – Visa Inc. (NYSE:V) today announced it was making the Visa Token Service available to auto manufacturers, helping to pave the way for easy and secure car-based commerce. To further advance car-based commerce, Visa is also offering a range of related digital payment solutions, inclu... 
02/21/16Visa Brings Secure Payments to the Internet of Things
Makers of Wearables and Cars Can Now Easily Embed Secure Visa Payments BARCELONA, Spain & SAN FRANCISCO--(BUSINESS WIRE)--Feb. 21, 2016-- MOBILE WORLD CONGRESS – Visa Inc. (NYSE:V), today announced that it is expanding its Visa Ready program to include Internet of Things (IoT) companies, such as manufacturers of wearables, automobiles, appliances, public transportation services, clothing and almost any other connected device. Emerging IoT ... 
02/12/16MEDIA ALERT: Visa Unveils Future of Payments and Commerce at Mobile World Congress 2016
Visa Inc. (NYSE:V): WHO:     At Mobile World Congress 2016, Visa will join innovators from around the world to demonstrate the increasingly important role mobile is playing in how people pay and get paid. Visitors to the Visa booth can explore how a wave of a hand could pay for groceries, or how a c... 
02/09/16Visa Puts Consumers in Charge of Security
Visa Consumer Transaction Controls to Allow Consumers to Direct How, Where, and When Their Credit and Debit Accounts Can Be Used SAN FRANCISCO--(BUSINESS WIRE)--Feb. 9, 2016-- Visa Inc. (NYSE:V), a global leader in payments, is introducing a new service to help Visa issuers empower consumers to monitor and control how, where, and when their Visa credit, debit, and prepaid accounts can be used. With real-time visibility and control over their accounts... 
02/05/16Visa Inc. Declares Quarterly Dividend
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 5, 2016-- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.14 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis) payable on March 1, 2016, to all holders of record of the Company's class A, B and C common stock as of February 12, 2016. About Visa Visa Inc. (NYSE: V) is a gl... 
02/04/16Egyptian Government and Visa Sign Agreement to Help Bring Electronic Payments to Government Subsidies
Initiative will provide 22 million subsidy recipients with secure, convenient, and transparent payment solutions SAN FRANCISCO & CAIRO--(BUSINESS WIRE)--Feb. 4, 2016-- The Egyptian government, represented by the Ministry of Supply and Internal Trade and the Ministry of Planning, this week signed a Memorandum of Understanding (MOU) with Visa Inc., to enable electronic payment of government subsidies to 22 million Egyptian families. ... 
02/04/16Visa Inc. to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Feb. 4, 2016-- Visa Inc. (NYSE:V) today announced its participation in the following investor conferences in the month of February. On Tuesday, February 9, Vasant Prabhu, Chief Financial Officer, will present at the Goldman Sachs Technology & Internet Conference in San Francisco. The discussion will begin at 3:20 p.m. Pacific Time and last for approximately 40 minutes. On Monday, February 29, Vas... 
02/04/16Visa Opens its Global Network with Launch of Visa Developer
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE:V) today announced the launch of Visa Developer, a milestone that transforms the world's largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company's nearly 60 year history, software application developers will have open access to industry leading payments technology, products and services by Visa. The new Visa Developer platform is designed to help financial instit... 
01/29/16Visa Launches Commerce Network to Drive Merchant Sales and Deliver New Cardholder Benefits
Uber uses Visa Commerce Network to launch offers in 10 U.S. markets SAN FRANCISCO--(BUSINESS WIRE)--Jan. 29, 2016-- Visa Inc. (NYSE:V) today announced the launch of Visa Commerce Network, a new way for merchants to create online and in-app commerce experiences to acquire new customers, drive loyalty and increase sales with relevant offers. Visa Commerce Network is built on the world’s largest electronic payment network, VisaNet, and can be easily uti... 
01/28/16Visa Inc. Reports Fiscal First Quarter 2016 Results
GAAP quarterly net income of $1.9 billion or $0.80 per share including non-cash, non-operating income related to the revaluation of the Visa Europe put option Adjusted quarterly net income of $1.7 billion or $0.69 per share excluding the revaluation of the Visa Europe put option SAN FRANCISCO--(BUSINESS WIRE)--Jan. 28, 2016-- Visa Inc. (NYSE:V) today announced financial results for the Company’s fiscal f... 
01/20/16Visa Inc. Appoints Lynne Biggar as Chief Marketing and Communications Officer
Lynne Biggar to Join as Executive Vice President and Chief Marketing and Communications Officer in February SAN FRANCISCO--(BUSINESS WIRE)--Jan. 20, 2016-- Visa Inc. (NYSE: V) today announced that Lynne Biggar will join the company as Executive Vice President and Chief Marketing and Communications Officer, effective February 1. She will also serve as a member of the company’s Executive Committee and Operating Committee. Ms. Biggar joins Visa f... 
01/19/16More Than 100 FIDO Certified Products Fuel Global Adoption of FIDO Strong Authentication
Cross-Sector Deployments Protect Hundreds of Millions of End Users Around the World MOUNTAIN VIEW, CA -- (Marketwired) -- 01/19/16 -- The FIDO® (Fast IDentity Online) Alliance (https://www.fidoalliance.org/), creators of the only cross-industry strong authentication technology standard, today announced that more than 100 solutions are now FIDO® Certified. Hundreds of millions of end-users' desktop and mobile apps have FIDO-enabled authentication protection available from leading service provi... 
01/19/16Sam’s Club to Accept Visa Credit Cards
Consumers Offered Expanded Choice and Convenience with Visa Acceptance at Sam’s Club Locations SAN FRANCISCO--(BUSINESS WIRE)--Jan. 19, 2016-- Visa Inc. (NYSE:V) and Wal-Mart Stores, Inc. (NYSE:WMT) today announced that the companies have entered into an agreement through which Sam’s Club locations will accept Visa credit cards starting February 1, 2016. “Everything we do is in an effort to better serve our members and extend the value... 
01/12/16More Leading Merchants Choose Visa Checkout to Increase Online and Mobile Sales
Starbucks, Walmart.com to offer Visa Checkout for seamless digital payment experiences comScore study finds that enrolled Visa Checkout shoppers convert to buyers at a rate of 86 percent SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 2016-- With eCommerce growing at four times – and mobile commerce growing at eight times – the rate of traditional commerce1, Visa today announced that more merchants are making Visa Checkout available to ... 
01/05/16Visa Inc. To Announce Fiscal First Quarter 2016 Financial Results on January 28, 2016
SAN FRANCISCO--(BUSINESS WIRE)--Jan. 5, 2016-- Visa Inc. (NYSE:V) will report its fiscal first quarter 2016 financial results on Thursday, January 28, 2016. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website. Visa’s executive management team will then host a live audio webcast beginning at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss ... 
01/04/16Fidelity Investments®, Visa® and U.S. Bank Launch New 2% Cash Back Fidelity® Rewards Visa Signature® Card
Unlimited 2% Cash Back1 and No Annual Fee2 Helps Cardmembers Turn Everyday Spending Into Investment Opportunities BOSTON, SAN FRANCISCO & MINNEAPOLIS--(BUSINESS WIRE)--Jan. 4, 2016-- Fidelity Investments®, a leading retail brokerage and retirement savings provider, today announced with U.S. Bank (NYSE: USB) and Visa Inc. (NYSE: V) a new long-term card-issuing program that will offer Visa branded credit-c... 

Press Release Archive  |  2014  |  2013  |  2012  |  2011  |  2010