Visa Launches Money Movement Advisory Practice in North America
27 Agosto 2024 - 8:00AM
Business Wire
- New service leverages Visa’s payments expertise to help clients
and partners simplify complex financial transactions in a
digital-first world
Visa (NYSE: V), a world leader in digital payments, today
announced the launch of its Money Movement Advisory Practice in the
United States and Canada. The new value-added service, offered by
Visa Consulting & Analytics (VCA), the payments consulting
advisory arm of Visa, focuses on helping clients and partners
navigate the increasingly sophisticated money movement industry and
capture opportunities that are estimated at $200T1 globally.
Visa's Money Movement Advisory Practice is a strategic response
to the increasing demand for frictionless payments and mobile
experiences. 'Money Movement,’ which encompasses multiple ways to
facilitate the transfer of funds across various platforms and
channels, has emerged as a frequent area of client inquiries.
Visa's Money Movement solutions, including the Visa Direct network,
enhance real-time, secure transactions globally for both low and
high-value payments. These solutions help clients reach up to 8.5
billion endpoints across more than 190 countries and territories,
in 160 currencies, fostering a more innovative financial
ecosystem.
"Clients are actively seeking effective strategies to meet the
increasing customer demand for quick, reliable payments," said Kate
Manfred, North America Head of Advisory Services at Visa. "Visa can
be their strategic partner, offering innovative solutions for money
movement that will drive new sources of growth and customer
retention.”
Leveraging VCA's extensive network of over 1,300 consultants,
data scientists, technology developers, and product designers
across 75 offices globally, the new practice will focus on
assisting clients with their top Money Movement priorities, such as
strategy definition and user experience optimization. Additionally,
VCA Implementation Support and Services is critical for clients
looking to utilize Visa’s Money Movement solutions and can help to
accelerate product integration, time to market, and adoption.
VCA’s Money Movement Advisory Practice in North America is the
newest addition to its roster of specialty practice areas, joining
the recently established global AI Advisory Practice that guides
clients in better understanding how to leverage artificial
intelligence (AI) and generative AI (Gen AI) effectively.
To learn more about how Visa Consulting & Analytics can help
clients navigate shifts in Money Movement, click here.
About Visa
Visa (NYSE: V) is a world leader in digital payments,
facilitating transactions between consumers, merchants, financial
institutions and government entities across more than 200 countries
and territories. Our mission is to connect the world through the
most innovative, convenient, reliable and secure payments network,
enabling individuals, businesses and economies to thrive. We
believe that economies that include everyone everywhere, uplift
everyone everywhere and see access as foundational to the future of
money movement. Learn more at Visa.com.
1 McKinsey Global Payments Map 2022, 2022 EY Visa Direct Global
Market Sizing Study, Visa analysis. Figures exclude China domestic
and Russia PV.
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version on businesswire.com: https://www.businesswire.com/news/home/20240827850827/en/
Julianna Bryan jbryan@visa.com
Visa (NYSE:V)
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