2014 Press Releases

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04/10/14Visa Inc. Announces General Counsel Succession Plan; Creates New Vice Chairman Role for Risk and Public Policy
Kelly Mahon Tullier to Join as Executive Vice President and Deputy General Counsel in June — Transition to General Counsel October 1; Ellen Richey to Become Vice Chairman October 1 FOSTER CITY, Calif.--(BUSINESS WIRE)--Apr. 10, 2014-- Visa Inc. (NYSE: V) today announced that Kelly Mahon Tullier will join the company as Executive Vice President and Deputy General Counsel, effective June 16. She will also serve as a member of the company’s Execu... 
03/31/14Visa Inc. To Announce Fiscal Second Quarter 2014 Financial Results on April 24, 2014
FOSTER CITY, Calif.--(BUSINESS WIRE)--Mar. 31, 2014-- Visa Inc. (NYSE:V) will report its fiscal second quarter 2014 financial results on Thursday, April 24, 2014. 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... 
03/21/14Visa and PULSE Agree on EMV Common Debit Solution
EMV Debit Solution Helps Accelerate Chip Technology Adoption in the U.S. FOSTER CITY, Calif. & HOUSTON--(BUSINESS WIRE)--Mar. 21, 2014-- Visa Inc. (NYSE: V) and PULSE, a Discover Financial Services (NYSE: DFS) company, announced an agreement to enable financial institutions that issue EMV debit cards on both the Visa and PULSE networks to use Visa’s common debit solution. Visa’s common application identifier (AID) supports U.S. debit regul... 
03/13/14Ramón Martín joins Visa Inc. as Head of Merchant Sales and Solutions
FOSTER CITY, Calif.--(BUSINESS WIRE)--Mar. 13, 2014-- Visa Inc. (NYSE: V) today announced the appointment of Ramón Martín to the newly created position of Global Head of Merchant Sales and Solutions. In his role, Mr. Martín will be responsible for leading Visa’s global merchant strategy and integrating key functions to deliver customized products and services designed to help merchants achieve their business goals and advance Visa’s strong merchant and a... 
03/07/14MasterCard and Visa Launch Cross-Industry Effort to Accelerate Payment Security
New group will include broad representation from the retailing, financial and equipment manufacturing industries NEW YORK--(BUSINESS WIRE)--Mar. 7, 2014-- MasterCard and Visa today announced the formation of a new cross-industry group focused on enhancing payment system security to keep pace with the expectations of consumers, retailers and financial institutions. The group will initially focus on the adoption of EMV chip technology in the Uni... 
02/27/14Visa Inc. CEO Charles Scharf’s Statement on Appointment to President’s Advisory Council on Financial Capability for Young Americans
FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 27, 2014-- Visa Inc. (NYSE: V) Chief Executive Officer Charles Scharf today released the following statement regarding his appointment by President Obama to the President’s Advisory Council on Financial Capability for Young Americans: “I am honored to be appointed by the President and grateful for the opportunity to serve on the President’s Advisory Council on Financial Capability for Young Americ... 
02/27/14Visa® Enhances Industry Fraud Detection on Prepaid Cards
Visa Prepaid Clearinghouse Service Creates Centralized Database to Better Detect and Prevent Fraud Schemes on Prepaid Cards FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 27, 2014-- Visa Inc. (NYSE:V) today announced that it has completed technical development of a new service aimed at detecting and preventing fraud schemes that target the use of prepaid cards. Visa’s Prepaid Clearinghouse Service (PCS) is a centralized database that allows ... 
02/26/14Visa and First Data Partner on EMV Common Debit Solution
FOSTER CITY, Calif. & ATLANTA--(BUSINESS WIRE)--Visa Inc. (NYSE: V) and First Data’s STAR® Network announced an agreement to share Visa’s common debit solution offering issuers, acquirers and merchants a streamlined and cost-effective approach for debit EMV chip adoption. EMV cards contain an embedded computer processor or a chip that generates a one-time code for each transaction making it nearly impossible for criminals to counterfeit. This feature will help protect merchant... 
02/24/14Visa Inc. to Participate in Upcoming Investor Conferences
FOSTER CITY, Calif., Feb. 24, 2014 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced its participation in the following investor conferences in the month of March: On Wednesday, March 5, Byron Pollitt, Chief Financial Officer, will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. The discussion will begin at 9:30 a.m. Pacific Time and last for approximately 45 minutes. On Monday, March 10, Jim McCarthy, Senior Vice President Innovation & Str... 
02/19/14Visa to Enable Secure, Cloud-Based Mobile Payments
Introduces new standards, tools and guidelines for Visa payWave Extends Visa Ready Program to enable Visa payment functionality in the cloud FOSTER CITY, Calif.--(BUSINESS WIRE)--Feb. 19, 2014-- Visa today announced it is offering clients new options to securely deploy mobile payment programs, including for the first time an option to host Visa payWave-enabled accounts in a secure, virtual cloud. The move expands Visa’s support for mob... 
02/03/14Visa Inc. Announces Participation at the KBW Conference
FOSTER CITY, Calif., Feb. 3, 2014 /PRNewswire/ -- Visa Inc. (NYSE:V) today announced that Charlie Scharf, Chief Executive Officer, will present at the KBW Cards, Payments & Financial Technology Symposium in New York on February 10, 2014. The discussion will begin at 9:40 a.m. Eastern Time and last for approximately 40 minutes. A listen-only audio webcast and replay will be accessible for 30 days on the Investor Relations web site at http://investor.visa.com. About Visa Visa Inc. (N... 
01/30/14Visa® Subscribes to SAP® Financial Services Network to Streamline Process for Corporations to Pay by Visa
FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 30, 2014-- Visa Inc. (NYSE: V) today announced plans to provide companies a simplified way to pay by Visa through their Visa Commercial issuer using the SAP Financial Services Network. The new payment solution is expected to help corporations more easily automate and process their invoice payments without the need for significant investment in custom software, and is planned to be available summer 2014. ... 
01/30/14Visa Inc. Reports Fiscal First Quarter 2014 Net Income of $1.4 billion or $2.20 per diluted share
- Broad-based net revenue growth of 11% - Company repurchased 5.5 million shares during the quarter for $1.1 billion and has $4.2 billion in remaining authorization FOSTER CITY, Calif., Jan. 30, 2014 /PRNewswire/ -- Visa Inc. (NYSE: V) today announced financial results for the Company's fiscal first quarter 2014. Net income for the fiscal first quarter was $1.4 billion or $2.20 per share, an increase of 9% and 14%, respectively, over the prior year results. All references to earnings per... 
01/29/14Visa Inc. Declares Quarterly Dividend
FOSTER CITY, Calif., Jan. 29, 2014 /PRNewswire/ -- Visa Inc. (NYSE:V) today announced that its board of directors declared a quarterly cash dividend of $0.40 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 4, 2014, to all holders of record of the Company's class A, class B and class C common stock as of February 14, 2014. About Visa Visa Inc. (NYSE: V) is a global payments technology company that conne... 
01/13/14Visa Launches “Everywhere You Want to Be,” a Corporate Platform That Reconnects the Company to Its Heritage
Integrated Platform Reinforces Visa’s Commitment to Engage All Audiences in Relevant and Meaningful Ways by Expanding our Vision: “to be the best way to pay and be paid” FOSTER CITY, Calif.--(BUSINESS WIRE)--Jan. 13, 2014-- Visa Inc. today launched “Everywhere you want to be,” a multi-stakeholder communications platform that reflects our ambition to deliver universal access to Visa’s secure, reliable and convenient digital payments. ... 
01/06/14Visa Inc. To Announce Fiscal First Quarter 2014 Financial Results on January 30, 2014
FOSTER CITY, Calif., Jan. 6, 2014 /PRNewswire/ -- Visa Inc. (NYSE:V) will report its fiscal first quarter 2014 financial results on Thursday, January 30, 2014. The results, along with accompanying financial information, will be released before market open and posted on Visa's Investor Relations website. Visa's executive management team will then host a live audio webcast beginning at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss the financial results and business highlights. ... 

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