Visa: Bitcoin Has a Future in Payments
Large existing payments companies are "lowering the drawbridges" and working more openly with new players in the space, according to a Visa executive. Jonathan Vaux, executive director of new digital payments and strategy at Visa Europe, was speaking at WIRED Money, held in London yesterday. "I genuinely believe that by working together, we will succeed together. I think that the innovation that the startups bring is fantastic and that the scale the incumbents - the banks, the Visas of the world - can bring is really really valuable," he said. Removing friction. Vaux's session at the....
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Visa Inc. is financing a team of engineers at its Bengaluru office to research further uses for the blockchain. Visa is looking to improve its payments processes, and it seems that the blockchain technology may hold the key for the Company’s future. A few months ago, Visa hired a former Google scientist, Min Wang, to lead the research teams from its San Francisco office, and Taneja in a project where they were to work on the blockchain. The company’s decision to start researching the blockchain technology comes right after banks and other financial institutions developed a sudden interest....
Visa has, in a job posting, revealed that it is looking to hire a senior software engineer to be a part of its research team to help develop a “secure and scalable blockchain” network. The job posting comes via a posting by Visa Research, a newly created arm of the payments company as a part of exploring new innovation and expanding its technology research globally. The job entails research and development work in the arena of emerging payments, blockchain, virtual currencies and other emerging payment technologies. Visa Research is putting together research teams to focus on three “key....
Payments giant Visa has revealed it is seeking to hire a software engineer to help it create a "secure, scalable blockchain network". The news was revealed in a job advertisement by Visa Research – a research arm created by the company to expand its technology research capabilities. Visa Research's remit is to engage with the company's technology and product teams, and business and other partners, to investigate and develop technologies that are "critical to the payments industry in the future", the firm says. As part of its efforts to build three research sections....
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive.
Visa and FTX Launching Crypto Debit Cards in Over 40 Countries
Visa announced Friday “a long-term global partnership” with West Realm Shires Services Inc. and FTX Trading Ltd. to roll out crypto debit cards in more than 40 countries. The two companies are behind cryptocurrency....
Global payments giant Visa earned the ire of the bitcoin community earlier this year when CEO Charlie Scharf stated that he didn't see bitcoin and its technology as posing a significant threat to its operations. Now, however, new comments from the CEO suggest that the company may be re-evaluating bitcoin. In a new interview with The Australian Financial Review (AFR), Scharf confirmed that while the company is not currently responding to developments in the bitcoin space, it could be well positioned to do so in the future, should circumstances require. Scharf told the AFR: "Visa is not a....