Latest news with #VAU
Yahoo
26-06-2025
- Business
- Yahoo
Spreedly integrates Visa Just-In-Time Card Updates for payment failures
Spreedly has enhanced its open payments platform through the integration of Just-In-Time Card Updates for Visa Cards, powered by Visa Account Updater (VAU). The new feature aims to tackle the issue of failed payments, particularly in recurring billing and subscription models, where outdated card details are a significant cause of transaction declines. The Just-In-Time Card Updates integration allows merchants to access up-to-date card credentials in real time at the point of transaction, unlike traditional methods that rely on scheduled batch updates. Built on Spreedly's Advanced Vault capabilities, the solution leverages Visa's network to enable merchants to fetch card updates precisely when needed. Merchants can also manage the timing of card updates to align with their operational needs, Spreedly said. In addition to the VAU integration, Spreedly is incorporating Visa Acceptance across key gateways, including CyberSource and to enhance transaction reach and reliability. Spreedly president Peter Dougherty said: 'Our mission is to provide merchants with the flexibility and intelligence they need to optimise every transaction. We wanted to create an innovation that drives results for our customers – a card update in-line with the transaction itself does exactly that.' In April, Spreedly partnered with FlexFactor, a payment recovery platform, focussing on assisting merchants in recapturing sales lost due to incorrect payment declines. "Spreedly integrates Visa Just-In-Time Card Updates for payment failures " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
24-06-2025
- Business
- Cision Canada
Spreedly Announces Just-In-Time Card Updates for Visa Cards to Reduce Failed Payments
Speedly's integration helps merchants deal with outdated customer card details, a key driver of failed payments, particularly in recurring billing or subscription models DURHAM, N.C., June 24, 2025 /CNW/ -- Spreedly ( a leading global open payments platform, today announced a strategic enhancement to its platform through the integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU). Outdated card details are a key driver of failed payments, particularly in recurring billing or subscription models. Spreedly's Just-In-Time Card Updates integration addresses this challenge by providing merchants with up-to-date card credentials precisely when they're needed. Unlike traditional card update strategies, which operate on a scheduled batch basis, Just-In-Time Card Updates enable real-time access to refreshed card credentials at the point of transaction to give merchants greater control and responsiveness. Built on the Advanced Vault capabilities of the Open Payments Platform, Spreedly leverages Visa's powerful network to give merchants control to fetch card updates at the right place and right time. This ability to leverage tools on demand allows businesses to better manage their operational costs and prevent disruption to the customer experience for card-on-file and subscription payments. Key Business Benefits: Improved Authorization Rates: Reduce declines caused by outdated card credentials and recover revenue from failed transactions. Operational Efficiency: On-demand updates eliminate the need for constant background refreshes; this streamlines payment workflows and reduces costs. Customer Retention: Prevent service interruptions and improve customer loyalty by ensuring seamless, uninterrupted transactions. Strategic Flexibility: Merchants control the timing and use of card updates, aligning payment operations with business needs. "Our mission is to provide merchants with the flexibility and intelligence they need to optimize every transaction," said Peter Dougherty, President at Spreedly. "We wanted to create an innovation that drives results for our customers – a card update in-line with the transaction itself does exactly that." Spreedly and Visa Deepen a Strategic Collaboration This release marks a continued deepening of Spreedly's strategic collaboration with Visa to accelerate innovation across the payments ecosystem. In addition to integrating with VAU to enable Just-In-Time Card Updates, Spreedly is integrating Visa Acceptance across key gateways—including CyberSource and provide merchants with greater reach and reliability. About Spreedly Founded in 2007, Spreedly's ( open payments platform enables access to the global consumer, processing more than $50 billion in gross merchandise value (GMV) annually in over 100 countries. The company's customers include BMW, Clear, HBOMax, Hopper, Lemonade, The New York Times, Priceline, SeatGeek, TravelPerk, and others. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure, and inclusive payment ecosystem. Spreedly unlocks choice among PSPs, fraud tools, and other innovative payment services.
Yahoo
24-06-2025
- Business
- Yahoo
Spreedly Announces Just-In-Time Card Updates for Visa Cards to Reduce Failed Payments
Speedly's integration helps merchants deal with outdated customer card details, a key driver of failed payments, particularly in recurring billing or subscription models DURHAM, N.C., June 24, 2025 /CNW/ -- Spreedly ( a leading global open payments platform, today announced a strategic enhancement to its platform through the integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU). Outdated card details are a key driver of failed payments, particularly in recurring billing or subscription models. Spreedly's Just-In-Time Card Updates integration addresses this challenge by providing merchants with up-to-date card credentials precisely when they're needed. Unlike traditional card update strategies, which operate on a scheduled batch basis, Just-In-Time Card Updates enable real-time access to refreshed card credentials at the point of transaction to give merchants greater control and responsiveness. Built on the Advanced Vault capabilities of the Open Payments Platform, Spreedly leverages Visa's powerful network to give merchants control to fetch card updates at the right place and right time. This ability to leverage tools on demand allows businesses to better manage their operational costs and prevent disruption to the customer experience for card-on-file and subscription payments. Key Business Benefits: Improved Authorization Rates: Reduce declines caused by outdated card credentials and recover revenue from failed transactions. Operational Efficiency: On-demand updates eliminate the need for constant background refreshes; this streamlines payment workflows and reduces costs. Customer Retention: Prevent service interruptions and improve customer loyalty by ensuring seamless, uninterrupted transactions. Strategic Flexibility: Merchants control the timing and use of card updates, aligning payment operations with business needs. "Our mission is to provide merchants with the flexibility and intelligence they need to optimize every transaction," said Peter Dougherty, President at Spreedly. "We wanted to create an innovation that drives results for our customers – a card update in-line with the transaction itself does exactly that." Spreedly and Visa Deepen a Strategic Collaboration This release marks a continued deepening of Spreedly's strategic collaboration with Visa to accelerate innovation across the payments ecosystem. In addition to integrating with VAU to enable Just-In-Time Card Updates, Spreedly is integrating Visa Acceptance across key gateways—including CyberSource and provide merchants with greater reach and reliability. About SpreedlyFounded in 2007, Spreedly's ( open payments platform enables access to the global consumer, processing more than $50 billion in gross merchandise value (GMV) annually in over 100 countries. The company's customers include BMW, Clear, HBOMax, Hopper, Lemonade, The New York Times, Priceline, SeatGeek, TravelPerk, and others. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure, and inclusive payment ecosystem. Spreedly unlocks choice among PSPs, fraud tools, and other innovative payment services. Media contact:Olya Ordaolga@ View original content: SOURCE Spreedly View original content:
Hans India
18-06-2025
- Hans India
Hyd'bad city police ratchet up anti-human trafficking efforts
Hyderabad: In a major move to enhance its efforts in combating human trafficking and protecting children, the Hyderabad City Police launched the newly constituted Anti-Human Trafficking Unit (AHTU), Juvenile Bureau (JB) Unit, and a first-of-its-kind Victim Assistance Unit (VAU) in Telangana. The Hyderabad city police commissioner CV Anand inaugurated the unit at the Central Crime Station (CCS), Hyderabad. Victim Assistance Unit (VAU) was established in collaboration with Prajwala NGO, which was also launched. This reorganization follows GO 32, Home (Legal) Department, which initially placed the AHTU under the Women Safety Wing, Hyderabad. Subsequently, GO 57, formally constituted these specialized wings with dedicated sanctioned strengths. The AHTU has been formally constituted with a sanctioned strength of 8 personnel including – 1 Inspector, 2 Sub-Inspectors, 2 Head Constables, and 3 Police Constables. The unit is tasked for curbing the trafficking of women and children, including -identifying trafficking hotspots in both physical and online domains, gathering actionable intelligence to facilitate timely rescue operations, monitoring individuals involved in trafficking networks such as pimps, touts, brothel operators, and customers, conducting pre-rescue, rescue, and post-rescue operations, following up on pending trial cases to ensure justice, conducting raids to apprehend traffickers and facilitating the repatriation of Indian victims to their home states and the deportation of foreign nationals. As of 2025, the AHTU has filed 23 cases, 44 victims were rescued, and 71 accused arrested. Additionally, the Juvenile Bureau Team / Special Juvenile Police Unit has been formally constituted with a sanctioned strength of 7 personnel, comprising 1 Inspector, 2 SIs, 2 HCs, and 2 PCs. Based at the Central Crime Station, Hyderabad, the JB Team's primary responsibility is to protect children from atrocities such as child labor, human trafficking, and bonded labor. The JB/SJPU Team works in coordination with the Child Welfare Committee to repatriate missing or traced juveniles to their respective homes throughout India. This year, the JB unit successfully repatriated four children within the state and 7 children to other states. Additionally, under the Operation Smile and Operation Muskaan programmes, 896 children were rescued. The first-of-its-kind Victim Assistance Unit (VAU), center in Telangana plays a crucial role in supporting victims of immoral human trafficking. The VAU aims to help victims recall their exploitation in a trauma-informed manner, prepare them to depose evidence confidently and without fear during court proceedings, facilitate access to government schemes, legal aid, rehabilitation benefits, and psychosocial support and Aid victims in their rehabilitation and reintegration into society.
Time of India
25-05-2025
- Time of India
Despite court orders, collectors sit on sex abuse victims' payout
Panaji: Sufferings of sexual violence victims continue as the district collectors are yet to clear the compensation relief as directed by the court. The Victim Assistant Unit (VAU) of govt said that there are over 10 such cases pending before the collectors. 'Goa is the only state which is lagging in releasing compensation to the victims. While the scheme provides for compensation at the stage of investigation, the victims here are yet to get the benefits. Govt should direct the collectors to clear the compensation relief,' in-charge of VAU, Emidio Pinho said. In a letter to the chief secretary, Pinho said that there is a significant delay in release of funds from the collectorate (North and South) and the home department. 'This not only exacerbates the suffering of victims and their families but also undermines the very purpose of providing timely assistance and support to those who have faced such traumatic experiences,' he said. Goa govt notified POCSO Rules, 2020, specify that once an order is passed by the court, the related govt office should release the amount within 30 days. In a case registered at the Ponda police station, the children's court had passed the order granting compensation, but to date, neither the child nor his family received any relief. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo 'This compensation request is pending for over 6 months before the collectorate ,' Pinho said. 'We request you to work out a process streamlining the victim compensation process. This will enable victims to receive their compensation within the stipulated time,' Pinho said. 'The victims require justice and timely support to rebuild their lives,' he added.
