Visa Improves Advanced Authorization Tech and 2 Other Dow Movers to Watch

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Visa Inc. (NYSE:V): Current price $192.09

At the Visa Global Security Summit, Visa announced a series of improvements to its Advanced Authorization tech that significantly enhance the ability of its global processing network to detect potential electronic payments fraud. Financial institutions may employ the data to more reliably discern which transactions to decline in real time, potentially lowering fraud by billions of dollars per year, while more confidently confirming legitimate transactions to remove friction from payments for both merchants and consumers.

V 20131002

More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business