Visa

NEWS DESK

Visa Expands Push-to-Wallet for Virtual Cards Across Commercial Solutions Ecosystem

PR News Desk 02/11/2024

Visa (NYSE:V), a global leader in digital payments, announced new capabilities that enable frictionless, provisioned virtual card push-to-wallet experiences. Users can now seamlessly push virtual cards to mobile wallet ecosystems including Apple Pay and Google Pay, with control and

NEWS DESK

Visa and Analytic Partners Announce Multi-Year Deal to Transform Commercial Analytics

PR News Desk 16/10/2024

Visa (NYSE: V), a global leader in digital payments, today announced that it has entered into a new strategic partnership with Analytic Partners, a global analytics solution provider. Together, Visa and Analytic Partners plan to address commercial challenges faced by merchants and brands, including improving the return on advertising investments, with value-enhancing

NEWS DESK

Emirates NBD and noon Unveil Groundbreaking Co-Branded Visa Credit Card Packed with Exclusive Benefits

News Desk 09/10/2024

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has teamed up with noon, the Middle East’s homegrown e-commerce giant, to introduce a co-branded Visa credit card, packed with unbeatable perks and rewards. Designed for the modern consumer, the Emirates NBD noon One Visa Credit Card offers up […]

NEWS DESK

Visa Announces Pilot Launch of Visa Commercial Solutions Hub to Unify Its Commercial Payments Ecosystem

PR News Desk 03/10/2024

Visa (NYSE:V), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of commercial payment solutions, complementary capabilities and integrations into a range of fintech services, making it easier for

NEWS DESK

BLS International Implements Robust Measures to Ensure Fair and Transparent Visa Appointment Process in Morocco

PR News Desk 10/09/2024

BLS International, a trusted global tech-enabled services partner for governments and citizens and a global leader in visa processing and consular services, today announced comprehensive measures to address the ongoing challenges in the visa appointment booking process for Moroccan citizens applying for Spanish visas. The recent demand from Moroccan citizens for an

NEWS DESK

Demand for at-home visa services increases by 20%; trend shifting towards families and individuals

PR News Desk 12/08/2024

VFS Global’s Visa At Your Doorstep solution, which provides visa application services at the applicant’s home or office, has witnessed a 20% growth in demand from travellers, both from Middle East and within the UAE, in the first half of 2024. This year, VFS Global added Bulgaria, Croatia and Japan to the list of countries […]

NEWS DESK

VFS Global brings Bulgaria visa application services closer to home for Qatar residents

PR News Desk 07/08/2024

Residents of Qatar can now apply for their Bulgaria visas at the VFS Global Visa Application Centre in Doha. Inaugurated on 05, August 2024, the centre will accept documents for short-term and long-term visas, as well as requests for the legalisation of Police Clearance Certificates to Bulgaria. The contract for VFS Global to provide Bulgaria […]

NEWS DESK

First Abu Dhabi Bank and Visa Partner to Expand Cross-Border Payments through Visa B2B Connect

News Desk 24/07/2024

Visa, the world leader in digital payments, today announced a significant partnership with First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, to expand the Visa B2B Connect network in the region. The collaboration aims to enhance corporate cross-border payments, allowing businesses in the UAE to conduct secure and efficient transactions […]

NEWS DESK

Visa Unveils Emerging SME Megatrends in UAE, Highlighting Significant Opportunities for Issuers

News Desk 22/07/2024

A new study from Visa, the SME Megatrends report, delves into the ever-evolving landscape of Small and Medium Enterprises (SMEs) in the United Arab Emirates (UAE). As SMEs undergo significant transformation, particularly in the digital and financial domains, the report identifies how issuing banks can leverage the needs and challenges facing businesses to unlock new […]

NEWS DESK

Visa Celebrates the Olympic & Paralympic Games Paris 2024 With Expanded Team Visa Roster and Ways for Fans to Engage

News Desk 12/07/2024

With the Opening Ceremony in Paris about two weeks away, Visa (NYSE: V), the Worldwide Payment Technology Partner of the Olympic and Paralympic Games, today announced its final roster of 147 Team Visa athletes for Paris 2024. Visa also shares ways to connect fans to the spirit of Paris 2024, both for those in attendance […]

Banking

Fraudulent Bank Transactions May Surge 153% By 2029

News Desk 27/06/2024

Growing From $19 Billion In 2024 Juniper Research has released a startling report indicating a projected 153% increase in the value of fraudulent banking and money transfer transactions over the next five years. Starting from $19 billion in 2024, this forecast highlights a growing global concern for the financial sector. According to the report, fraudsters’ […]

NEWS DESK

DIFC-Based Fintech is Paying Businesses to go Cashless

News Desk 24/06/2024

After signing an exclusive five-year deal with Visa to help UAE and KSA businesses go cashless, Alaan, the Middle East’s leading corporate card and spend management platform, is doubling down on its mission by incentivising businesses to go cashless. New companies that use the Alaan Visa Corporate card can now earn up to AED 112,500 […]

NEWS DESK

Visa Brings Simplicity and Convenience to Booming Subscription Economy

News Desk 10/06/2024

Visa (NYSE: V), a world leader in digital payments, today announced the launch of Subscription Manager, a new, all-in-one service for financial institutions to provide Visa cardholders with a simple, convenient way to track their subscriptions, all from the palm of their hands. The global subscription market is on a steady rise, expected to reach […]

NEWS DESK

UAE survey reveals consumers’ commitment to financial literacy and responsible credit use

News Desk 05/06/2024

Visa (NYSE:V), a world leader in digital payments, has launched the results of a 2024 Financial Literacy Survey which assesses financial knowledge and choices of consumers in the UAE in managing credit, savings and spending. The Visa survey gathers insights from men and women aged between 18-55 years in the emirates of Dubai, Abu Dhabi, […]

NEWS DESK

Visa Issues 10 Billionth Token, Generating $40 Billion in Incremental E-commerce Globally

News Desk 04/06/2024

Visa today announced a significant milestone achieved by its tokenization technology, revealing that Visa tokens have generated more than $40 billion1 in incremental ecommerce revenue for businesses globally and saved $650 million2 in fraud in the last year. Visa also announced it has issued more than 10 billion tokens since the technology’s launch in 2014. Over

NEWS DESK

Planning your next international trip for the summer? Check out 6 simple steps to get your visa on time!

News Desk 04/06/2024

There’s nothing quite as exhilarating as embarking on an international journey, immersing yourself in diverse cultures, and creating lasting memories. Yet, amidst the excitement of planning and packing, securing your visa often goes unnoticed. Whether your travels are for leisure, business, or education, obtaining the necessary visa is the crucial first step to

Lifestyle UAE

All About The UAE’s Golden Visa Scheme

News Desk 31/05/2024

Pioneering Pathways To Residency To attract top talent, investors, and entrepreneurs from around the globe, the United Arab Emirates (UAE) has rolled out its ambitious Golden Visa Scheme, offering long-term residency to individuals who contribute significantly to the country’s economic growth and development. This groundbreaking initiative, launched in 2019, has

NEWS DESK

Saudi Arabia fintech finalists unveiled for 2024 Visa Everywhere Initiative

News Desk 30/05/2024

Visa has announced the Saudi Arabia finalists that will compete at the Saudi Arabia, Bahrain and Oman edition of the 2024 Visa Everywhere Initiative (VEI), a global open innovation program and competition that sees fintech startups pitch their solutions to solve tomorrow’s payment and commerce challenges.  This year’s VEI in Saudi Arabia, Bahrain and Oman […]

NEWS DESK

Sweid & Sweid announces completion of 6 Falak

News Desk 20/05/2024

Dubai-based real estate developer Sweid & Sweid, known for developing landmark projects such as the regional headquarters for Visa and Oracle, has announced the completion of its latest project, 6 Falak, with strong tenant demand for sustainable offices driving prelease commitments to over 90%. The latest data from the Dubai Land Department shows a 34% […]

NEWS DESK

UAE among top globally in shopping satisfaction: PYMNTS-Visa Acceptance Solutions Study

News Desk 13/05/2024

A recent survey conducted by PYMNTS Intelligence and Visa Acceptance Solutions has revealed that the UAE ranks second globally in shopping satisfaction, with 71% of consumers in the country making extensive use of digital features to enhance their shopping experiences.  The ‘2024 Global Digital Shopping Index: UAE Edition’ – conducted from September to December