Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.

This funding is in parallel to news that Form3 will provide Visa’s clients with access to their payments platform, to enable them to modernise their payments’ infrastructure.

“We are delighted with this unique partnership we have built in collaboration with Visa which enables us together to continue to offer best-in-class services for the world’s most established banks and financial institutions”, said Michael Mueller, Form3’s CEO.

The Visa investment will enable Form3 to develop new products and services, and expanding into new territories, where the emergence of real-time payment solutions are becoming essential.

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