Monday, October 31, 2011

Financial Services Industry - Visa

Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories, enabling them to use digital currency instead of cash and checks. Their business consists of processing services to financial institutions clients through VisaNet, a centralized and modular payments network providing three functions: transaction processing services, risk management services and information services. As many other companies of the payment processing sector, Visa has been creating new relationships by acquisition or partnerships with technological companies in order to keep up with digital technologies. The following video talks about Visa, its position in the industry and the digital technologies initiatives the company is currently developing.

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