Visa's CEO Charlie Scharf is pushing for advances in payment technology and security.
In a statement, Scharf said “The recent series of data compromises are terribly unfortunate for everyone involved,” Scharf said in a statement Thursday morning. ”These incidents remind us of the need for all of us to continue to work together to secure payments from criminals. Visa is committed to ensuring our network operates at the highest level of security available and will continue to move the industry towards the adoption of new safeguards including EMV chip and tokenization.”