Staying ahead of fraud is undoubtedly one of the biggest challenges facing credit unions and community banks, especially those with limited resources. The payment landscape is evolving rapidly, as digital options, become ubiquitous, consumer behaviors change and adversaries find new ways to take advantage of cardholder data. And as the payments landscape changes, an increasing customer need arises for a seamless and secure payment experience, no matter how or where they pay—online, in-store, or in-app.
Visa will continue to innovate with these changes on the horizon, just as we did when we adopted tokenization, 3-D Secure authentication, EMV, biometrics and geolocation, to name a few. Our commitment will not only keep community issuers in front of payments, but also provide the right products and services with the latest technology to ensure safety and security.