Visa has announced that its AI-based Visa Advanced Authorisation (VAA) has helped financial institutions prevent an estimated $25 billion in annual fraud.
News
New visa rules to attract more investors and innovators to the UAE
In line with UAE’s position as a primary destination for international investors and global talents, the UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has adopted a new system of entry visas for investors and professional talents providing them with a long-term visa for up to 10 years.0 3915
Digital payments are more secure than cash: UAE consumers
According to the survey, UAE consumers are increasingly comfortable paying and transacting with card with 84 percent of respondents finding cards more secure than cash.
Apple Pay goes live in Saudi Arabia
Visa cardholders in Saudi Arabia can now make easy, quick and secure purchases using their iPhone and Apple Watch in stores that accept contactless payments.
Dubai DED inks deal to accelerate transition to cashless society
The Department of Economic Development (DED) in Dubai and Visa have signed a Memorandum of Understanding (MoU) to help grow the UAE’s consumer eCommerce sector by encouraging more merchants to take their businesses online, and educating consumers on the benefits of digital payments and shopping and paying online.
Fast track growth: Visa mentors Dubai tech startups
Visa and Startupbootcamp have hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec).
New mobile-based payment app launches in Saudi Arabia
Visa has partnered with mada to bring mada Pay, the first mobile payment solution that supports contactless (NFC) transactions in Saudi Arabia.
Over 60% of UAE consumers use unsecured WiFi when shopping online
The Department of Economic Development (DED) in Dubai and Visa have launched a consumer education campaign that aims to promote safe card usage and provide consumers with tips and advice to protect themselves against payment-related fraud.
UAE announces new visa rules to attract investors and innovators
The UAE has adopted a new system of entry visas for investors and professional talents providing them with a long-term visa for up to 10 years.
Dubai fintech accelerator kicks off 2018 programme
FinTech Hive at DIFC has announced that it will begin accepting applications for its 2018 programme starting Sunday, 20th May, kicking off a competitive search for the top financial technology (fintech) and insurance technology (insurtech) innovators in the region.
GCC travelers rely heavily on online sources: Visa
Visa has recently shared the Gulf Cooperation Council (GCC)-related findings of its comprehensive look at global travel and tourism trends …