31 Jan '14, 1pm

Visa's Earnings Call Sheds Light On EMV, Bitcoin, And V.me

Visa's Earnings Call Sheds Light On EMV, Bitcoin, And V.me

Transactions and payment volume grow: Global payment volume grew to $1.1 trillion in the final quarter of 2013, an 8.3% inflation-adjusted increase over the same period in 2012. The number of global transactions grew to 19.5 million in the fourth quarter of 2013 from 17.7 million in 2012. Visa not budging on EMV: Visa reaffirmed its October 2015 deadline for merchants and card issuing banks to migrate to the EMV or "chip card" standard. Fraud liability will shift to merchants and issuers who do not adopt the standard. Visa is paying attention to Bitcoin: "It's early days in terms of what Bitcoin is and what it will be. We're certainly paying attention to it ... There is certainly some interesting things about Bitcoin and other things like it, but there is also a great deal of complexity. People talk about things like frictionless ...When you actually dig through it, it's r...

Full article: http://www.businessinsider.com/visas-earnings-call-sheds-...

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Visa CEO Doesn't See Bitcoin As Business Threat

Visa CEO Doesn't See Bitcoin As Business Threat

coindesk.com 30 Jan '14, 6pm

Visa CEO Charlie Scharf offered his opinion of bitcoin and other emerging virtual currencies on 30th January in a conferen...

Google Q4 2013 Earnings Report $16.86 Billion In Revenues

Google Q4 2013 Earnings Report $16.86 Billion I...

searchengineland.com 30 Jan '14, 9pm

Google announced fourth-quarter 2013 earnings today. Google’s revenue targets beat estimates, while their earnings-per-sha...