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November 09, 2007

Visa Inc. Files for Proposed Initial Public Offering

Tags » Visa, Visa IPO  » Comments (0)

Visa Inc. has announced that "it has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its class A common stock." A copy of Visa's Form S-1 Registration Statement is available on the SEC web site. The Wall St. Journal reports that the Visa IPO could be worth $10 billion.

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Intel Capital Invests $10 Million in iovation

Tags » Authentication, Card Fraud, iovation  » Comments (0)

Intel Capital has announced a $10 million investment in iovation, a Portland, Oregon-based company that provides online security and fraud protection services. The company says it provides "the first device reputation service aimed at protecting business on the Internet. The real-time service prevents online fraud including charge-backs, identity theft, phishing, click fraud and other abuses of online services."

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Another Look at Biometrics and Payments

Tags » Biometrics, Contactless Payments  » Comments (0)

In a post titled "Fingering Suspects", Dave Birch writes about the use of biometrics for payments - nothing that "the rapid acceptance of contactless payment cards by the incumbents essentially usurped the speed/convenience argument [of biometrics] away."

Headline News - November 9, 2007

Tags » Payments News - Headline News  » Comments (0)

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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