Financial institutions that fail to make their APIs available are ‘doomed’, says Visa’s ANZ head of product Rob Walls.
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Global credit card company, Visa, is staging a competition for Australian and New Zealand for startups that can develop innovative applications using Visa APIs “to solve business challenges and bring new ideas to payments.”
The battle over the H-1B visa is mostly a battle of brute political muscle on Capitol Hill, coupled with campaign spending. But in the quieter academic sphere, the visa is a topic of ongoing research, and a new paper by three economists is challenging some of the <a href="http://www.computerworld.com/article/2899350/the-h-1b-visa-debate-pain-and-the-politics.html">assertions made by the tech industry</a> that H-1B workers deliver economic gains.
Merchant Customer Exchange (MCX), a group of large U.S. merchants, said Monday it expects to launch an early version of its CurrentC mobile payment app mid-year in an unnamed, mid-sized market.
Fitness-band maker Jawbone and American Express plan to allow cardholders to buy goods using a future fitness band equipped with NFC, according to a report.
The data breach disclosed by Supervalu is another reminder about why the ongoing migration of the US payment system to smartcard technology can't happen fast enough.
Migrating U.S. payment systems to the Europay MasterCard Visa (EMV) smartcard standard could take significantly longer than envisioned and offer fewer security benefits than what's being touted by proponents of the technology.
Genesco, a specialty retailer of footwear, sports apparel and related accessories has sued Visa USA for $13.3 million in fines that were assessed against the company after a credit card data breach in 2010.
Visa and NeuStar have joined forces and formed an alliance that it hopes will help accelerate the adoption of mobile financial services globally, they said on Tuesday.
Visa is looking for a few good people to run its next-generation data centers.
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