Visa Posts

Visa’s Digital Wallet Service Service Now Supporting RBS

Visa Europe said that they are adding the Royal Bank of Scotland (RBS) as the first U.K. bank to launch the digital wallet online payment system.  Earlier this month exited beta with 53 banks and 23 retailers on-board.  Visa was announced about one year ago.

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Visa Exits Beta With 53 Banks and 23 Retailers On-Board

Visa’s digital payment platform has exited from beta mode and has support from 53 banks and 23 retailers.  The U.S. banks include PNC and U.S. Bank. is a service that lets online stores set up a one-click solution that remembers the credit card details from multiple providers like American Express, MsterCard, Discover, and Visa.  The company is launching a mobile application soon and bringing the service to check-out terminals next year.  Check out the press release below:

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Samsung Galaxy S III Confirmed As Official Olympic Phone

Samsung Galaxy III
Last month, it was rumored that the Samsung Galaxy S III would be the official smartphone of the 2012 summer Olympics. Visa announced has officially announced that the S III would be the official London 2012 Olympic Games smartphone. Visa will provide NFC payments to athletes while they are competing in the city. The S III is Samsung’s flagship Android smartphone.
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Around 1.5 Million Credit Cards Were Stolen From Global Payments

Late last month, I reported that Global Payments was hit with a data breach. Well it turns out that 1.5 million Visa and MasterCard accounts may have been compromised. The credit card numbers may have been exported, but no customer names, addresses, or social security numbers have been accessed. The original number was pegged at about 50,000 accounts. Global Payments believes that the situation is now contained and they are working with the Secret Service to investigate the incident. MasterCard and Visa sent a notice to customers who may have been affected.

Global Payments Hit With Data Breach, Affecting MasterCard and Visa Customers

Visa Logo
Global Payments Inc. was hit with a data breach, which has put 50,000 Visa and MasterCard holders at risk. The cause of the breach was not immediately determined and so far it is unknown whether cardholders were hit with fraudulent transactions.
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Visa Launching A Digital Wallet Service Called V.Me

Visa Inc. (NYSE:V) is preparing to launch a digital wallet service called Consumers will be able to fund with various credit card sources including Visa, MasterCard, or their bank account. will be able to be used when checking out with a user name and password instead of using a 16 digit number each time.
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BankSimple Raises $10 Million Led By IA Ventures

BankSimple has announced $10 million in funding led by IA Ventures and previous investor Shasta Ventures. This is BankSimple’s Series B round of funding. The company previously raised $3.1 million in their Series A round. The company’s seed investors include IA Ventures, First Round Capital, SV Angel, Village Ventures, etc. That is not the only thing that the company had announced. They also made some partnerships.
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Visa Acquires Mobile Financial Company Fundamo For $110 Million

Visa has acquired mobile financial services provider company Fundamo for $110 million. Fundamo works closely with financial institutions and network operators to provide mobile financial services to developing countries. The acquisition was made entirely in cash.
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