When Money Travels without Permission: Fraud Protection and Security

Disclaimer

• Actual fund availability varies by receiving financial institution and region, receiving account type, and whether transaction is domestic or cross-border. Please refer to your Visa representative for more information on availability.
• Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.
• This podcast contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and financial outlook. Forward-looking statements generally are identified by words such as "believes," "estimates," "expects," "intends," "may," "projects," “could," "should," "will," "continue" and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond our control and are difficult to predict. We describe risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, any of these forward-looking statements in our filings with the SEC. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.
• Visa Direct capability enabled through financial institution partner.
• Visa Direct product availability and functionality varies by market.
• Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.
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• The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.
• This podcast contains illustrative descriptions of a product currently in the process of deployment, and should be understood as a representation of the potential features of the fully- deployed product. The final version of this product may not contain all of the features described in this podcast.
• Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes, and are solely responsible for their own compliance with applicable laws and regulations. Optional compliance controls and risk management tools and services are provided solely for the convenience of sending acquirers, service providers, merchants, and recipient issuers / the Visa Direct clients and participants, and Visa makes no warranties with respect to them or their results. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.
• UK Finance. “Annual Fraud Report: The Definitive Overview of Payment Industry Fraud in 2021”. Available at https://www.ukfinance.org.uk/system/files/2022-06/Annual%20Fraud%20Report%202022_FINAL_.pdf
• This episode describes controls for Visa’s internal compliance purposes. Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.