Visa hosted its annual Asia-Pacific Visa Security Summit last month and highlighted significant changes in the regional payment landscape, with the increasing demand for contactless payment technologies and a call for greater industry collaboration to tac
Stanchion to support card digitization, tokenization services on Verto platform
Security requirements, industry mandates and consumer demand for contactless mobile payments have continued to fuel the need for tokenization services. Many card issuers have not embraced the likes of Apple Pay and Google Pay yet, but it is fast becoming a necessity.
Stanchion is now able to address those precise market needs with the official launch of additional libraries on its Verto technology stack.
Verto is Stanchion’s digital payments integration platform, a solution that enables organizations to implement new solutions (like tokenization) while avoiding or minimizing the impact on existing systems, thereby mitigating risk associated with the deployment of new functionality.
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Payment security is key as Asia Pacific resets digital commerce in post-pandemic world, Visa reveals Monday 24 May 2021 13:10 CET | News
Visa has set its focus on strengthening payments security as consumer behaviour evolves during the pandemic.
According to the press release, the company addressed more than 1,500 partners and clients in its first virtual edition of the Asia Pacific Visa Security Summit and stressed the need for robust payment experiences in a changing commerce environment.
Visa has charted consumer behaviour changes along three trends pervasive in Asia Pacific – contactless payments are becoming a health and safety priority, on-demand ecommerce experiences have heightened expectations of quality and speed of service, and lines between ecommerce and physical buying have been blurred. As a result, fraud has migrated from traditional to digital commerce and Visa is urging the industry to take proactive steps to tackle them. Consequently, these are t
Ardshinbank together with Visa launched an electronic wallet within the Мobile banking app news.am - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.am Daily Mail and Mail on Sunday newspapers.