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Tag: VISA

Tech

Visa detects nearly $1bn in scam payments amid rising AI fraud

Visa detected nearly $1 billion in scam-related payment activity over a six-month period, highlighting how fraudsters are increasingly using artificial intelligence and sophisticated social engineering tactics to deceive consumers as payment network security continues to strengthen. The finding, contained in Visa’s mid-year 2026 Biannual Threats Report released on Monday, covers the period from July to […]

Travel

Nigeria introduces 30-day visa-free policy for Rwandan nationals

Nigeria has officially introduced a 30-day visa-free entry policy for Rwandan nationals under a new bilateral arrangement aimed at easing travel between both countries. The announcement was made by the Nigeria Immigration Service via a statement signed by its Public Relations Officer, DCI Akinsola Akinlabi, on Friday. This follows earlier consideration by President Bola Ahmed […]

US DOJ probes Visa over antitrust issues
Business

Visa unveils AI-powered dispute services for banks, merchants

Visa has launched six new AI-powered dispute resolution services designed to help financial institutions and merchants cut fraud-related losses and lower administrative costs. In a statement, the digital payments company said the tools will modernise dispute management, enhance visibility into fraud-related expenses, and enable businesses to focus more resources on growth, innovation, and customer experience. […]

JAPA: Overstay your visa, face permanent ban, US warns Nigerians
featured Travel

44 countries offering Nigerians visa-free access

For Nigerian passport holders looking to explore the world without the hassle of extensive visa fees or long application processes, there is good news. According to recent reports, Nigerian citizens can travel to at least 44 destinations where entry is allowed either visa-free, with a visa on arrival at no extra cost, or via an […]

Travel

ICYMI: Nigerians seeking Portuguese residency to pay €500,000

Nigerians seeking Portuguese residency through the country’s golden visa programme now face a minimum investment threshold of €500,000 ($572,000) and a permanent ban on using property purchases to qualify. This followed a series of reforms by the Portuguese government introduced in phases between January 2022 and October 2023 and finalised in the first quarter of […]

Visa opens first African data centre in South Africa
Tech

Visa unveils six AI tools to modernise credit card disputes

Visa is introducing six new AI-powered tools to streamline and modernize credit card dispute processes. The digital payments firm stated that the tools aim to lower costs and ease the frustrations of “outdated” dispute processes for all parties involved, merchants, issuers, and acquirers, according to CNBC. “Some of the challenges are these back-office systems are […]

Travel

China unveils K visa to lure foreign tech talents

China has introduced a new visa category, known as the K visa, aimed at attracting foreign science, technology, engineering, and mathematics graduates. The move is seen as a strategic bid to bolster Beijing’s technology workforce as the United States tightens access to its H-1B program. The K visa, set to take effect on October 1, […]

Business

Nigeria open for business, Shettima tells Visa

Vice-President Kashim Shettima has told payment giant Visa that Nigeria is open for business as President Bola Tinubu’s economic reforms begin to show positive results. Shettima made the comments on Monday whilst meeting a Visa delegation led by Tareq Muhmood, the company’s regional president for Central and Eastern Europe, the Middle East and Africa, at […]

Policy and Regulations

Niger restricts European visas in new diplomatic retaliation

Niger’s military government will restrict where Europeans can obtain a visa for the Sahel country in response to the “difficulties” it says Nigerien citizens face in obtaining visas from European embassies. Since taking power in a coup in 2023, Niger’s military-run government has promoted nationalist politics and turned its back on the West in favour […]

Visa opens first African data centre in South Africa
News

Visa opens first African data centre in South Africa

Visa Inc. has launched its first-ever data centre in Africa, marking a major investment in the continent’s rapidly growing digital payments sector. Located in Johannesburg, the new facility forms part of a 1 billion rand ($57 million) investment in South Africa over the next three years, company executives announced at the official opening on Wednesday. […]

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