ThoughtLab News

Visa recently revealed the results from a recent survey, “Reimagining ridership: Open-loop payments and the future of urban mobility,” examining the future of urban mobility. Nick Mackie, VP and global head of urban mobility at Visa, spoke with METRO about the biggest takeaways from the survey, the surprising results, and more.

As transit systems move away from legacy payment methods like pay-as-you-go passes and toward contactless open-loop payments, it’s creating new commerce possibilities that not only benefit ridership and relieve urban congestion, but also promise greater financial inclusion. A study from the Visa Economic Empowerment Institute (VEEI) titled “Reimagining Ridership: Open-loop Payments and the Future of Urban Mobility,” […]

More than four in ten transit passengers worldwide say that tapping their own debit or credit card to make open loop contactless fare payments is their preferred fare payment option (42%), followed by tapping a card stored in their mobile wallet (39%), using a closed loop transit card (38%), cash (31%) and app-based payment (29%), […]

Like all other business leaders, chief information security officers (CISOs) could find themselves on the unemployment line if something on their watch goes seriously sideways. But what if CISOs simply aren’t demonstrating enough business value? Now with a possible recession looming and companies cutting costs, proving cybersecurity programs are good for the business has become vital to […]

In recent years, cybersecurity has evolved from an information technology function into a strategic role, tasked not only with securing an organization’s operations but also providing direction and insights into how it should best protect its data. However, the cybersecurity field offers limited benchmarking analysis, which hinders companies from comparing their own measures with those […]

The study by Visa Building a Future-Ready City (Building a city prepared for the future, in free translation) also showed what municipalities have already done to digitalize. Despite the hurdles, the study shows that cities are increasing their technology investments across all major urban domains.