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Visa has signed a definitive agreement to acquire Verifi, a company reducing the number of chargebacks.
Visa has revealed its advanced authorisation technology, which is powered by AI, has helped institutions prevent around $25bn in annual fraud, according to its latest analysis.
Sri Lanka-based Hatton National Bank has formed a deal with payments and fraud management company CyberSource.
Secure payments platform Shieldpay has formed a partnership with Visa to support the use of payment cards on P2P marketplaces.
Visa is readying its distributed ledger platform for business payments, with plans to launch the new system next year.
For the Rio Olympics, Visa and Barclaycard are working together to provide all 366 British athletes with wearable payments bands.