Amit Chowdhry | November 16, 2011 | 381 views | Add a Comment
Categorized under Jennifer Schulz, V.me, Visa

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

Amit Chowdhry | August 15, 2011 | 421 views | Add a Comment
Categorized under Allpoint, Andera, Bancorp Bank, BankSimple, CBW Bank, First Round Capital, IA Ventures, Shasta Ventures, SV Angel, TxVIA, Village Ventures, Visa

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.

Amit Chowdhry | June 9, 2011 | 549 views | Add a Comment
Categorized under Fundamo, Hannes van Rensburg, Monitise, Visa

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.

Amit Chowdhry | April 27, 2011 | 875 views | Add a Comment
Categorized under Jack Dorsey, Square, Visa

Visa Inc. (NYSE:V) has invested an undisclosed amount into the mobile payment service founded two years ago by Jack Dorsey, Square. A Visa executive will be joining Square’s board of directors as a result.

Amit Chowdhry | February 9, 2011 | 778 views | 1 Comment
Categorized under PlaySpan, Visa

Visa Inc. (NYSE:V) has acquired virtual goods monetization company PlaySpan for $190 million. The acquisition includes additional payouts based on performance. Visa said that this deal complements the $2 billion acquisition they made for CyberSource.

Amit Chowdhry | February 2, 2011 | 471 views | Add a Comment
Categorized under Apple iPhone, Visa

Visa has started to test out the near-field communications mobile payment system in Europe. The trial required on-device software to be installed on the iPhone test device and an accessory that has an NFC chip in it. Visa also requires retailers to have a hardware terminal that is capable of processing mobile payments. [BGR]
Amit Chowdhry | January 28, 2011 | 1,091 views | 1 Comment
Categorized under FBI, Federal Bureau of Investigation, Georgia Institute of Technology, Julian Assange, Mastercard, PayPal, Reddit, Visa, Wikileaks.org, Zhiwei Chen

The Federal Bureau of Investigation has executed over 40 search warrants for those involved with Operation Payback. Operation Payback was a group of hackers that took down the Visa, Mastercard, and PayPal websites using DDoS attacks out of Wikileaks retaliation. Visa, Mastercard, and PayPal had dropped financial support for Wikileaks founder Julian Assange shortly after he released confidential government cables. The group behind Operation Payback is known as “Anonymous.”
