Visa Opens San Francisco Technology Center to Advance Innovation in Payments

Visa Inc. has announced the opening of One Market, a 112,000 square foot innovation center and office space at One Market Street in San Francisco. The move provides Visa technologists, clients, partners and the Bay Area tech community an innovative space to jointly develop the next generation of commerce applications. According to ABI Research, more

Visa Inc. Announces General Counsel Succession Plan

Visa Inc. has announced that Kelly Mahon Tullier will join the company as Executive Vice President and Deputy General Counsel, effective June 16. She will also serve as a member of the company’s Executive Committee. Ms. Tullier will transition to the role of Executive Vice President and General Counsel on October 1, 2014. She joins

Visa Names Ellen Richey Chief Legal Officer

Visa has announced the appointment of Ellen Richey as Executive Vice President and Chief Legal Officer. Ms. Richey, who currently serves as Visa’s Chief Risk Officer, will take responsibility of the Legal function as well as maintain oversight of Visa’s compliance and audit teams. Ms. Richey will continue to report directly to Charlie Scharf, CEO

Visa Inc. Reports Strong Results and Authorizes New $5.0 Billion Share Repurchase Program

Visa Inc. announced financial results for the Company’s fiscal fourth quarter and full-year 2013. Net income for the fiscal fourth quarter was $1.2 billion or $1.85 per share, an increase of 15% and 20%, respectively, over the prior year adjusted results. Net income for the fiscal full-year 2013 was $5.0 billion or $7.59 per share,