Snowdrop Solutions: Extends partnership with Visa throughout Asia Pacific

  • Snowdrop Solutions Ltd. unveiled a partnership with Visa, the world’s leader in digital payments
  • Provide innovative location-enriched services to banks and financial services firms throughout the Asia Pacific region
  • The two companies said they would work together to distribute Snowdrop’s technologies and services to Visa’s existing banking customers
  • By leveraging Snowdrop’s MRS along with Google Maps Platform, these banks can quickly turn confusing transactions into clear merchant names
  • The new services easy and quickly deployed as Application Programming Interfaces (APIs)
  • In Europe, for example, Snowdrop’s MRS has reduced call centre and other operational costs for banks, whilst boosting customer loyalty scores
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...

Visa Survey Reveals Businesses Ready to Embrace AI in Commerce

Consumer hesitation contrasts with business enthusiasm for AI adoption.Highlights: Visa survey finds 76% of businesses ready to adopt...

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...