Visa Token Service adds 28 new business partners globally

spike

Visa says that 28 new partners will be joining Visa Token Service as credential-on-file (COF) token requestors. These new partners will help make digital transactions more secure by tokenizing both one-time and recurring payments made with Visa credentials.

Visa Token Service adds 28 new partners globally

Tokenization replaces a cardholder’s 16-digit Visa account number with a token that only Visa can unlock, protecting the underlying card number from fraudsters.

In addition to enhancing security, tokenization also helps reduce friction in the payment process, because customers do not have to manually update stored card information if their Visa card is lost,

Read More

‘This could be the one that gets me,’ says oilfield service veteran

spike

(Reuters) – Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co (HAL.N) for the fifth time in 15 years when his career came to a halt.

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant

A third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews. He sailed through several busts, with the exception of a 9-month break in 2016.

But April’s historic price crash, which has left

Read More

U.S. grants tentative OK for 15 air carriers to suspend service to 75 airports

spike

WASHINGTON (Reuters) – The U.S. Transportation Department said late on Friday it had granted tentative approval to 15 airlines to temporarily halt service to 75 U.S. airports because of the coronavirus pandemic.

FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File Photo

Airlines must maintain minimum service levels in order to receive government assistance but many have petitioned to stop service to airports with low passenger demand.

Both United Airlines (UAL.O) and Delta Air Lines (DAL.N)

Read More

Disney names new leadership for its parks and streaming service

spike

Josh D’Amaro, chairman of Disney Parks, Experiences and Products.

Disney

Disney said Monday that it tapped new leaders to oversee its parks and its streaming services. 

Josh D’Amaro, who previously was the president of Walt Disney World Resort, was named chairman of parks, experiences and consumer products. He is taking the mantle from Bob Chapek, who was promoted to CEO of the company, in late February.

Additionally,  23-year veteran of the Disney company, Rebecca Campbell will take over as chairman of Disney’s direct-to-consumer and international division. The company’s previous head of streaming, Kevin Mayer, is now set to become TikTok’s

Read More