London, 30th May 2024 – In a groundbreaking pilot in partnership with Pay.UK, Visa, a world leader in digital payments, has shown how leveraging the latest AI technology has the potential to drastically cut the £600m1 lost annually to account-to-account scams and fraud over recent years in the UK. Results from the pilot announced today reveal Visa identified 54% of fraudulent transactions which ha
18th April 2024, London: Visa, a world leader in digital payments, today announces a new campaign celebrating the growing support for women’s football, and the power of positive voices of support in countering the noise of detractors.
As a long-term supporter of women’s football and proud sponsor of UEFA Women’s Champions League, Visa will be bringing fans together digitally and enhancing their
Visa, a world leader in digital payments, alongside the British Retail Consortium (BRC), have recognised 8 towns at this year’s edition of the ‘Let’s Celebrate Towns’ awards - a nationwide showcase designed to highlight the hundreds of towns across the country helping local businesses and communities to thrive.
Congratulations to Boscombe, Northwich, Weston-super-Mare, Armagh, Shrewsbury, Walth
Generation Alpha, born 2010 – 2025, expect a more seamless world which has the potential to reimagine local communities, affecting the way towns operate, how governments support them, and the way their economies are run.
Visa, a world leader in digital payments, has partnered with Lloyds Bank to launch the next generation virtual card solution for businesses of all sizes.
Available now to Lloyds Bank customers, Visa Commercial Pay addresses businesses’ payments and purchasing administration challenges, such as controlling spend, simplifying processes, reconciling invoices, and reporting on expenditure.
Offe
Visa, a world leader in digital payments, has partnered with the Department for Science, Innovation and Technology (DSIT) to co-fund data science and artificial intelligence (AI) scholarships for underrepresented students in postgraduate conversion courses at the University of Leeds and Loughborough University.
This collaboration comes as part of the UK Government's strategic AI skills scheme
Visa Cross-Border Solutions will offer sophisticated cross-border solutions to banks, fintechs, FX brokers and corporates, as well as other payment institutions The solutions are offered as part of a suite of modular building blocks that can be easily integrated with a company’s existing technology The new Visa business combines the best of its existing cross-border capabilities with Currencyclo
The measures are intended to protect small businesses against first party fraud, also known as friendly fraud, which sees customers disputing a legitimate purchase New research reveals that up to 20% of consumer disputes could be considered first party fraud, costing UK retailers an estimated £31m in the past 12 months New survey from Visa reveals 9 in 10 UK small businesses report having been a
Visa, Worldwide Partner of FIFA Women’s World Cup 2023™, has teamed up with HSBC UK to provide grassroots support to aspiring women footballers - helping them achieve their dreams on and off the pitch. 86% of girls say that FIFA Women’s World Cup 2023™ is inspiring them to follow their dreams, according to Visa’s research, with 87% of children aged 8-16 surveyed agreeing that football is a sport
Superstar footballer Fran Kirby shines a spotlight on the importance of support networks in life, in business and on the pitch as part of new Visa campaign Female entrepreneurs more than twice as likely to experience business growth if they have a strong support network, with 91% admitting it’s key to achieving goals As official partner of the FIFA Women’s World Cup™, Visa will also be awarding
Visa urges extra vigilance against online fraud as nine in ten (89%) holidaymaking Brits surveyed leave their online holiday shopping to the last minute. One in three (33%) Brits predict purchasing last-minute holiday items this week (3rd July – 9thJuly). Young people the most at risk, with one in six (16%) surveyed unaware of the tell-tale signs of online fraud. Visa shares top tips for online s
Visa’s Fintech Fast Track programme is designed to enable the next generation of fintechs to join Visa’s network and build innovative digital commerce experiences for consumers and merchants Fast Track programme grows 360% year-over-year, and supports the creation of payment innovations like digital wallets, Business to Business (B2B) and digital currency payments
London, 12 December 2022 – Visa in Europe has further invested in its ambition to provide sustainability focused payment solutions to its clients and partners to meet their customers’ needs and accelerate the sustainable choices for ways to pay and be paid.
The Sustainability Solutions team, led by Steve King, will seek out collaboration with clients and partners across Visa’s network to desig
32% of adults in the UK say they are open to participating in Recommerce more frequently if they are able to make or save money from their actions, compared to just a quarter of those across Europe.[1]
Three quarters (75%) of gamers say they’re concerned about gaming fraud according to new research from Visa[1]. Almost half of gamers (46%) plan to spend more time playing online over the festive period[2], leading to a potential increase in fraud attempts. New gamers may be more likely to be targeted by fraudsters as they want to advance quickly through levels according to Ukie[3]. Visa teams up
Nearly three quarters (73%[1]) of women entrepreneurs who play team sports say it positively impacts their business, according to new research by Visa Stress management, mental resilience and decision-making were ranked the top transferable skills gained from team sports that help with running a business Visa’s ‘Women thriving on and off the pitch’ report coincides with the launch of the ‘Team T
New scheme rewards Visa cardholders for using JustCharge network of community electric vehicle (EV) charging points Designed to make EV charging as simple and intuitive as other everyday contactless payments Supports further expansion of the JustCharge network, particularly in areas where existing public charging infrastructure is minimal Operated by JustPark, the UK’s leading driveway sharing pl
Visa launches ‘Fraudulese’, to help consumers learn about the language of fraudsters and understand how to protect themselves from payment fraud online
• As part of the conversation on interoperable payments and systems for electric vehicle (EV) charging points, Visa is calling for the industry to embed interoperable payment standards that provide consumers with greater convenience and choice. • Visa is also launching a new consultation among electric vehicle charging point manufacturers to establish the barriers to installing contactless payment
The case for crypto is getting stronger for financial institutions. New UK insights from global research highlight that: • 41% of UK adults surveyed have either used cryptocurrencies or view them positively • 27% of those surveyed are owners of cryptocurrencies for investing or transacting • 14% surveyed are curious and taking steps to learn more
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.
Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually.
There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.
Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.
For more information, visit www.visaeurope.com and @VisaEuropeNews