Visa stories - Page 2

Weel has promoted Damon Hauenstein to CFO and COO as the company scales up, aiming to further accelerate its growth trajectory, processing AUD $500 million annually.

HSBC and Visa launch Zing, a money app enabling users to manage multi-currency funds and transact globally in over 200 countries, leveraging cutting-edge fintech.

Heymax.ai has secured USD $2.6 million in seed funding led by January Capital, aiming to expand its loyalty platform across the APAC region.

Pismo has upgraded its authorisations engine, boosting capacity to over 3,000 TPS per customer account, to enhance scalability and efficiency.

Visa’s new report reveals that 67% of Australians prefer digital apps for overseas remittances, driven by occasions, unexpected needs, and humanitarian aid.

Melbourne's Swinburne University has partnered with eco-fintech Sphere to use AI in analysing card payments, guiding personal climate action and CO2 offsetting.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.

Payment technology firm DataMesh Group allies with Visa to revolutionise card-acceptance payment processing, ditching the one-size-fits-all approach for a customisable alternative.

Visa's digital economy and anti-fraud efforts in Asia Pacific are making strides. Over USD $2bn in transactions were processed through its Token Service, and merchants reported a 58% decrease in fraud.

Currencycloud secures In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore, bolstering its Asia Pacific services.

Sejal Patel Daswani has been appointed as chief people officer by shift worker platform Deputy, increasing women in senior roles to 80%, signalling significant gender shift in the C-suite.

Visa uses AI to help New Zealand financial institutions prevent $273m in fraud, marking a three-fold increase from 2021 and highlighting the pivotal role of AI in financial security.

Visa's AI-powered fraud solution has blocked $714m in attempted scams in Australia, over double the previous year's figure.

SmartRecruiters unveils its revitalised Marketplace platform, now offering over 600 technology and 60 service partners, in a bid to optimise Talent Acquisition across all firm sizes.

ServiceNow posts Q4 2023 financial success, exceeding predictions with $2.365bn subscription revenues, attributed to robust growth and launch of Now Assist GenAI, alongside promising partnerships, including Visa and EY.

DSpark partners with Visa, merging anonymous mobility data with transaction data to enable comprehensive customer insight. .

Slyp, backed by Australia's major banks, reveals the damaging ecological and health impact of paper receipts on Black Friday.

Chipper Cash deepens its multi-million pound partnership with Visa to enhance financial inclusivity across Africa.

Shanghai's Fuiou Pay teams up with Visa Cross-Border Solutions to expand global market access for China's exporters.