Advanced Security for Visa cardholders in India

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE


Visa Inc. has introduced advanced fraud prevention technologies for the first time in India to step up security for India's banks and provide greater protection for Visa cardholders. The new self-learning solutions, Visa Advanced Authorization (VAA) and Visa Risk Manager (VRM), offer financial institutions unprecedented levels of real time protection and responses across Visa's entire global network. The move is believed to reinforce Visa's leadership in the market and is likely to sit well with the regulatory direction that recently stressed the need for all India's banks to adopt proactive real-time fraud detection, increase consumer protection, and proactively identify and deny fraudulent transactions.
Uttam Nayak, Group Country Manager - India & South Asia, Visa said....more


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