Viewpoints

Visa’s Blog – Visa Viewpoints

PERSPECTIVES ON DIGITAL CURRENCY

Sep 17, 2013

TechCrunch

Visa Security Summit 2013: Crowd-Sourcing a New Solution to Consumer Education

Did you know that consumers spend more than two hours a day in mobile apps? That’s nearly as much time as people spend watching television. Mobile devices are transforming how consumers learn and engage. When it comes to security, an engaged consumer is a more protected consumer. There are countless studies that have shown consumers who check their accounts online or take steps to monitor their credit report are less likely to be victimized by fraud and identity theft.

As consumer adoption of new technologies evolves, we are evolving our strategies and practices to ensure we’re reaching consumers in relevant ways. And that includes our efforts to educate consumers about payment security.

In April, Visa became a first-time sponsor of TechCrunch Disrupt NY, one of the nation’s top hackathon contests, which attracts more than 700 developers from around the world.  Developers were given 24 hours to create an app that would help consumers learn payment security basics. The event generated a number of creative ideas and lots of interest from developers.

Now Visa is showcasing this fresh thinking at our flagship security event, the Visa Global Security Summit. Two standout teams from Disrupt will showcase their ideas on stage at this year’s event. Attendees will then vote on which app will win the $5,000 Developers Challenge Award. You can preview information on both teams here.

With consumers being inundated with more information today than ever before, it is critical that we continue to find new and innovative ways to reach them with important security information. We’re excited to be tapping into the talent of the independent developer community to help expand our thinking on how to reach consumers via mobile.

We’re looking forward to seeing the demos showcased on October 2…and may the best team win!

READ MORE

Posted by: Jennifer Fischer, Head of Americas Payment System Security on September 17, 2013 at 11:16 am

May 3, 2013

The Results Are In: Visa’s TechCrunch Disrupt Hackathon Generates Fresh Thinking on Payment Security Education

After two days of panels, a Startup Battlefield and a 24 hour hackathon, TechCrunch wrapped up another successful Disrupt NY event with thousands of attendees.  Visa joined in on the fun by sponsoring the Disrupt hackathon, where 700 developers descended on New York City for a chance to win $8,500 from Visa.

My Visa colleagues Lee Mokri and Sofia Mata-Leclerc were on-site at the hackathon helping developers throughout the night and eventually awarding the prizes.  The Hackathon was a way to generate more awareness and create a forum to discuss improving payment security, and make learning about security more engaging and digestible.  We tapped into the incredible creative talent of the developer community to take a new approach to this challenge.  After working through the night, developers submitted numerous creative concepts, making it a tough choice for the judges.

The grand prize winner, Theo Rushin, Jr., created a game designed for kids and parents to play and learn about online security, together.  The runner-up, Frank Denbow, was recognized for creating a phishing game that delivers tips throughout each stage of play.

.

 

Here’s a peek inside the hackathon:

READ MORE

Posted by: Mark Norris, Senior Business Leader, Emerging Products, Visa Inc on May 3, 2013 at 4:22 pm

Jan 5, 2012

Intuit Launches the GoPayment Prepaid Visa Card

We continue to see new ways prepaid can be a platform for innovation in payments.  A great example: Intuit’s recent launch of the GoPayment Prepaid Visa Card.   

Those who use Intuit’s GoPayment mobile acceptance app and reader can now link their GoPayment account to a Visa prepaid card, conveniently separating the funds collected through GoPayment from other finances. The card can then be used to make payments online or in-store, as well as to withdraw cash at ATMs anywhere Visa debit cards are accepted.

TechCrunch said the GoPayment Prepaid Visa Card “makes GoPayment especially friendly for fledgling entrepreneurs or businesses who want to accept payments but don’t have a business bank account.”

GoPayment users can choose where they’d like to accept payments, whether to an existing business or personal account, or to the GoPayment Prepaid Visa Card.

Products like this show how the flexibility of the Visa prepaid platform allows our prepaid partners to create tailored products to meet the evolving payments landscape.

READ MORE

Posted by: Erika White, Visa Corporate Relations on January 5, 2012 at 1:56 pm