Visa

By making tokenization available on each other's digital wallets, Visa and Mastercard are addressing the security concerns of merchants who are happy to accept both brands but nervous about how their wallets can be misused.

Much like rival Mastercard, which recently took its Decision Intelligence AI product out of pilot, Visa wants to make sure that it isn't turning away legitimate customers when it finds signs of potential fraud.

With Visa and Mastercard extending their EMV compliance deadline to 2020 for fuel pumps, EMV is less likely to overshadow anti-fraud technology that is faster and more practical to implement.

Visa's growth beyond plastic cards relies heavily on tokenization, a strategy that should get a major boost from its planned acquisition of CardinalCommerce.

Visa Inc. pushed back its deadline for installing chip-card readers in U.S. gasoline pumps after station owners complained they didn’t have enough time to complete the multibillion-dollar upgrades.

India’s war on cash has at least two likely victors: Visa Inc. and Mastercard Inc.

Visa Inc. has clarified its position on EMV debit card routing to address growing concern among merchants that the card brand's rules were forcing those transactions onto the Visa network rather than allowing merchants to choose among less expensive options.

Biometrics has long had an interoperability gap. Visa is trying to address that with a new project that brings flexibility to biometric options.

The long-term promise of mobile wallets has been that plastic cards could disappear, even from the point of issuance.

The card networks earlier this year introduced faster versions of EMV payments to ease checkout times. They've since had a hard time winning merchant adoption.