U.K. Home Secretary, James Cleverly, has unveiled a package of visa measures aimed at curbing migration. The new five-point plan to cut immigration has been announced by the government, which includes banning care workers from bringing over their families and raising the minimum salary for a skilled worker visa after …
Read More »Visa Re-Introduces Brand Evolution Campaign Network
Visa, global payments technology company, has unveiled the initial phase of its brand evolution, spotlighting the diverse capabilities of its network and commitment to enabling global economic inclusion. Aligned closely with the company’s business strategy, the phase includes the debut of a dynamic global marketing campaign, ‘Meet Visa’, and a …
Read More »Mobile Money Transactions in Sub-Saharan Africa Rises by 23% to $490 Billion – Report
…Two Billion Adults Lack Access to Formal Financial Services Restrictions on movement and reduction in the handling of physical cash because of the COVID-19 pandemic caused mobile money transaction volumes in sub-Saharan to reach $490bn in 2020, Visa has said. This was a 23 per cent increase from 2019, according …
Read More »Visa Reports Users Spent Over $1 Billion in Cryptocurrency in H1 2021
Global payments giant Visa recently reported that more than $1 billion was spent by Visa users on products and services through cryptocurrency-linked cards globally in the first six months of the year 2021. While disclosing over $1 billion in crypto spending in the first half of 2021, the company noted …
Read More »Banks must Partner with Fintech to Accelerate Digital Banking Transformation – Experts
Partnership between banks and fintechs (digital banking) will not only help reach more customers but also build financial literacy amongst consumers This was unanimously agreed on in a webinar discussion hosted by TagPay (www.TagPay.fr/en) and moderated by Omar Ben Yedder from African Banker; Yves Eonnet (TagPay), Djiba Diallo (Ecobank Group), …
Read More »SecureID Bags GSMA Certification, Launches Digital Solution
Africa’s leading manufacturer of smart cards, SecureID has bagged a Global System of Mobile Associations (GSMA) certificate on Thursday, April 15. The Minister of Communications and Digital Economy, Isa Pantami who was represented at the event by the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications …
Read More »Visa Unveils AI-based Credit Application Fraud Prevention Tool
Visa has built a digital tool that uses AI and proprietary data to help US financial institutions predict credit application fraud. The Advanced Identity Score combines AI and predictive machine learning capabilities with an application and identity-related data to generate a risk score for new account applications. This, says the …
Read More »Visa Moves to Support Nigerian Small Entrepreneurs with New Initiative
Visa, has launched its new ‘Where You Shop Matters’ initiative that aims to champion and enable entrepreneurs in Nigeria, while encouraging consumers to support small businesses. Alongside a new SMB resource hub, Visa has published the COVID-19 CEMEA Impact Tracker highlighting the recent effect the novel coronavirus pandemic has had …
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