CA-VISA
19.11.2020 13:02:11 CET | Business Wire | Press release
Visa Inc. (NYSE: V) today announced the launch of the Visa Economic Empowerment Institute (VEEI), a center of excellence for research and public-private dialogue on payments policy, committed to promoting and advancing equitable economic empowerment of individuals, businesses and societies around the world.
The VEEI will develop new research and insights designed to inform long-term policy within the global payments ecosystem, and promote the value of digital payments and global networks to advance inclusion and drive economic growth. VEEI will serve as a forum for policymakers, regulators, non-governmental organizations and international organizations to convene and collaborate on policies to rebuild and grow the global economy.
“Visa’s unparalleled global network and perspective on economic trends will allow VEEI to develop novel insights on the payments ecosystem and provide actionable solutions for improving and enhancing communities,” said Al Kelly, chairman and CEO of Visa. “The creation of VEEI is our next step toward removing barriers and creating more accessible economic opportunities for everyone, everywhere.”
Dr. Barbara Kotschwar, a Georgetown University professor and former specialist at the World Bank, will serve as the VEEI’s Executive Director. She will lead a team of Fellows, who are subject matter experts in payments, central banking, development finance, international trade, cybersecurity and other key issues. The Fellows will leverage Visa’s vast information resources and technology capabilities to analyze problems and develop policy recommendations to bring real solutions to communities around the world. Bill Sheedy, senior advisor to Visa CEO Al Kelly, will chair the Institute.
“As our world becomes more complex and interconnected, it is paramount that we close gender, global development, ethnicity, and other inclusion gaps to achieve digital connectivity and access to global markets for all,” said Dr. Kotschwar. “The Institute will provide a platform for public and private actors to work together collectively to increase economic empowerment, trade and global connectivity.”
The Visa Economic Empowerment Institute will focus on three strategic pillars to further its mission:
- Fostering Digital Equity and Inclusion, which will address societal issues, inclusive economic growth, financial inclusion, and micro, small and medium enterprises (MSME) recovery and resilience.
- Unlocking Growth through Trade, which will address the factors that encourage greater digital and cross-border trade.
- Imagining an Open Future for Payments, which will address the future of money, societal and cross-border issues and innovations that are shaping the way people pay and are paid, and MSME recovery.
In connection with the launch, the VEEI released a set of foundational position papers, highlighting some of the key contextual challenges its pillars of research will focus on, including:
- Fostering Digital Equity and Inclusion : The pandemic has accelerated several years of digital transformation into months, reinforcing the importance of digital connectivity and highlighting systemic inequities around access and barriers to usage. For example, while 93% of the world’s population lives within physical reach of mobile broadband or internet connections, nearly half (3.6 billion people) do not use it.i
- Unlocking Growth Through Trade : Trade agreements have not kept pace with advances in technology and economic growth in the digital economy. With few firm commitments on digital trade, protectionism is on the rise, threatening MSME growth and their connections to the broader digital economy.
- Imagining an Open Future for Payments : Payment innovations are increasing and demand a new approach to cybersecurity protections and financial services on new payment platforms.
VEEI is uniquely positioned to lead conversations between the public and private sectors and future publications will reflect this dialogue. To learn more about VEEI and to read the foundational position papers, please visit https://usa.visa.com/sites/visa-economic-empowerment-institute.html .
About Visa
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network - enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device, for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews.
i Report of the Secretary-General. Roadmap for Digital Cooperation. June 2020. https://www.un.org/en/content/digital-cooperation-roadmap/assets/pdf/Roadmap_for_Digital_Cooperation_EN.pdf
View source version on businesswire.com: https://www.businesswire.com/news/home/20201119005159/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Andersen Consulting tilføjer Multiplica3.4.2026 13:30:00 CEST | Pressemeddelelse
Andersen Consulting indgår en samarbejdsaftale med Multiplica, et digitalt konsulentfirma, der hjælper organisationer med at designe, bygge og skalere effektfulde digitale oplevelser. Multiplica, der er stiftet i Spanien og desuden har aktiviteter i Latinamerika og USA, fokuserer på brugerundersøgelser og behovsafdækning, research af kundeoplevelser, digital strategi, datamodellering og -analyse, rapportautomatisering og datavisualisering, konverteringsoptimering, produktdesign og design af brugeroplevelser. Virksomheden hjælper organisationer med at fremskynde den digitale transformation ved at opbygge digitale kompetencer, teams og aktiver, der fremmer ekspertise på tværs af digitale produkter, rådgivning og talentudvikling. Multiplica gør det muligt for kunder at prognosticere nye tendenser inden for digitale oplevelser og transformere deres forretninger gennem styrkede digitale kanaler og kundeengagement. "Samarbejdet med Andersen Consulting udgør en spændende mulighed for at udvid
Enry’s Island Unveils “Enry’s Island Adventures”: Venture Capital Becomes a Videogame and Launches the “Strap” Movement on Kickstarter3.4.2026 09:47:00 CEST | Press release
Gaming, finance, and lifestyle merge to democratize the startup ecosystem: Enry’s Island opens 2026 applications for game development studios seeking more than just capital. Enry’s Island SpA (WBAG: EIOS), the world’s first publicly traded Venture Builder, today announced the upcoming Kickstarter launch of Enry’s Island Adventures (EIA), developed by its New York-based portfolio company, Enry’s Island Adventures LLC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402548535/en/ The game is designed to make venture capital accessible to new generations, transforming startup creation into an engaging and social gaming experience. After three years of R&D, EIA introduces a "bleisure" model (business + leisure): players learn to launch and manage startups through gameplay that includes real business KPIs, a customizable and evolving personal island, synchronous and asynchronous multiplayer modes, social events, and community-d
SES Announces Results of the Annual General Meeting2.4.2026 16:49:00 CEST | Press release
SES (the “Company”) held the Annual General Meeting (“AGM”) of Shareholders today in Betzdorf, Luxembourg. Following the recommendations made by the Board of Directors of SES, the shareholders have voted in favor of all resolutions, including the Company’s 2025 annual accounts and the proposed annual dividend of EUR 0.50 per A-share (EUR 0.20 per B-share). The total dividend amount comprises the interim dividend of EUR 0.25 per A-share (EUR 0.10 per B-share), which has already been paid to shareholders on October 16, 2025. The final dividend of EUR 0.25 per A-share (EUR 0.10 per B-share) will be paid to shareholders on April 16, 2026. “I would like to sincerely thank our shareholders for their active engagement, visionary support and continued confidence in SES’ strategy,” said Adel Al-Saleh, CEO of SES. “The outcomes of today’s AGM underscore our shared commitment to a bold multi-orbit approach, with Medium Earth Orbit as the strategic backbone of a dynamically evolving global interco
Andersen Consulting styrker sine kompetencer med tilføjelsen af Lukkap2.4.2026 16:31:00 CEST | Pressemeddelelse
Andersen Consulting tilføjer samarbejdspartneren Lukkap, et konsulenthus med fokus på oplevelsesdrevne kompetencer, der er tilpasset kundernes skiftende behov inden for transformation af medarbejdere, kunder og det digitale område. Lukkap, der blev stiftet i 2009 og har hovedsæde i Spanien, leverer integrerede løsninger, der hjælper organisationer med at transformere, hvordan de betjener kunder, engagerer medarbejdere og frigør værdi gennem adfærdsindsigt og dataanalyse. Virksomhedens tværfaglige tilgang spænder over nytænkning af kunderejsen, effektive programmer for medarbejderoplevelser, talent- og ledelsesudvikling, prædiktiv analyse samt omfattende outplacement- og transitionsydelser. Lukkap arbejder på tværs af sektorer — herunder sundhedsvæsen, medicinalindustri, forbrugsgoder, detailhandel, finans og bankvæsen — for at opbygge menneskecentrerede strategier, der skaber målbare forretningsresultater. "Ved at kombinere vores erfaringsdrevne metode med Andersen Consultings globale
Forrester: Three Years Into GenAI, Enterprises Are Still Chasing Its True Transformative Value2.4.2026 16:00:00 CEST | Press release
Low AI fluency, uneven adoption, and marginal productivity gains are limiting enterprise-scale impact According to Forrester’s (Nasdaq: FORR) latest report, Accelerate Your AI Voyage, most enterprises are struggling to turn growing AI adoption and investment into measurable business impact. One of the key factors holding businesses back is low artificial intelligence quotient (AIQ) — Forrester’s measure of AI aptitude — with many employees lacking a clear understanding of how to use AI. Other barriers include an overemphasis on productivity-focused use cases, difficulty measuring impact, and siloed adoption within individual functions. While these challenges can leave firms frozen in doubt or indecision, the wait-and-see approach to AI adoption is no longer viable. To unlock AI’s full potential, organizations need to focus on four key areas: Define the business outcomes and success metrics for what they want AI to achieve; identify specific use cases for AI deployment aligned to those
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom