Business Wire
BusinessAMD and Cisco link up on AI infrastructure in Saudi Arabia, lifting shares as details remain thinThe Apex TimesBusinessAdobe’s “$4 billion Saudi AI giveaway” spooks headlines, but investors shruggedThe Apex TimesBusinessBaird points to accelerating enterprise AI adoption as reason for bullish view on PalantirThe Apex TimesBusinessOracle’s Contracted Backlog Surpasses $600 Billion, Highlighting the Gap Between Promised Revenue and Market ValueThe Apex TimesBusinessExxon Mobil rises about 2% as oil rebounds, but misses a key Washington gas-price forumThe Apex TimesBusinessEnergy stocks lift as oil prices rise again, pulling Exxon Mobil and peers higherThe Apex TimesBusinessTim Cook’s Goodbye Note to Apple Staff Marks a 15-Year Run at the TopThe Apex TimesBusinessTesla’s revenue growth is narrowing the gap with General Motors, chart suggestsThe Apex TimesBusinessBank of America points to a shift in how gold is being positioned, Yahoo Finance reportsThe Apex TimesBusinessMeta and Alphabet’s exposure to Jio Platforms faces a valuation test as India’s IPO hype buildsThe Apex TimesBusinessCathie Wood’s Ark cuts AMD in a $124 million shift within its AI stock basket, Yahoo Finance reportsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessAMD and Cisco link up on AI infrastructure in Saudi Arabia, lifting shares as details remain thinThe Apex TimesBusinessAdobe’s “$4 billion Saudi AI giveaway” spooks headlines, but investors shruggedThe Apex TimesBusinessBaird points to accelerating enterprise AI adoption as reason for bullish view on PalantirThe Apex TimesBusinessOracle’s Contracted Backlog Surpasses $600 Billion, Highlighting the Gap Between Promised Revenue and Market ValueThe Apex TimesBusinessExxon Mobil rises about 2% as oil rebounds, but misses a key Washington gas-price forumThe Apex TimesBusinessEnergy stocks lift as oil prices rise again, pulling Exxon Mobil and peers higherThe Apex TimesBusinessTim Cook’s Goodbye Note to Apple Staff Marks a 15-Year Run at the TopThe Apex TimesBusinessTesla’s revenue growth is narrowing the gap with General Motors, chart suggestsThe Apex TimesBusinessBank of America points to a shift in how gold is being positioned, Yahoo Finance reportsThe Apex TimesBusinessMeta and Alphabet’s exposure to Jio Platforms faces a valuation test as India’s IPO hype buildsThe Apex TimesBusinessCathie Wood’s Ark cuts AMD in a $124 million shift within its AI stock basket, Yahoo Finance reportsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessAMD and Cisco link up on AI infrastructure in Saudi Arabia, lifting shares as details remain thinThe Apex TimesBusinessAdobe’s “$4 billion Saudi AI giveaway” spooks headlines, but investors shruggedThe Apex TimesBusinessBaird points to accelerating enterprise AI adoption as reason for bullish view on PalantirThe Apex TimesBusinessOracle’s Contracted Backlog Surpasses $600 Billion, Highlighting the Gap Between Promised Revenue and Market ValueThe Apex TimesBusinessExxon Mobil rises about 2% as oil rebounds, but misses a key Washington gas-price forumThe Apex TimesBusinessEnergy stocks lift as oil prices rise again, pulling Exxon Mobil and peers higherThe Apex TimesBusinessTim Cook’s Goodbye Note to Apple Staff Marks a 15-Year Run at the TopThe Apex TimesBusinessTesla’s revenue growth is narrowing the gap with General Motors, chart suggestsThe Apex TimesBusinessBank of America points to a shift in how gold is being positioned, Yahoo Finance reportsThe Apex TimesBusinessMeta and Alphabet’s exposure to Jio Platforms faces a valuation test as India’s IPO hype buildsThe Apex TimesBusinessCathie Wood’s Ark cuts AMD in a $124 million shift within its AI stock basket, Yahoo Finance reportsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex TimesBusinessAMD and Cisco link up on AI infrastructure in Saudi Arabia, lifting shares as details remain thinThe Apex TimesBusinessAdobe’s “$4 billion Saudi AI giveaway” spooks headlines, but investors shruggedThe Apex TimesBusinessBaird points to accelerating enterprise AI adoption as reason for bullish view on PalantirThe Apex TimesBusinessOracle’s Contracted Backlog Surpasses $600 Billion, Highlighting the Gap Between Promised Revenue and Market ValueThe Apex TimesBusinessExxon Mobil rises about 2% as oil rebounds, but misses a key Washington gas-price forumThe Apex TimesBusinessEnergy stocks lift as oil prices rise again, pulling Exxon Mobil and peers higherThe Apex TimesBusinessTim Cook’s Goodbye Note to Apple Staff Marks a 15-Year Run at the TopThe Apex TimesBusinessTesla’s revenue growth is narrowing the gap with General Motors, chart suggestsThe Apex TimesBusinessBank of America points to a shift in how gold is being positioned, Yahoo Finance reportsThe Apex TimesBusinessMeta and Alphabet’s exposure to Jio Platforms faces a valuation test as India’s IPO hype buildsThe Apex TimesBusinessCathie Wood’s Ark cuts AMD in a $124 million shift within its AI stock basket, Yahoo Finance reportsThe Apex TimesBusinessEli Lilly to buy Merida Biosciences for $2.88 billion, setting off investor focus on the deal’s strategic fitThe Apex Times
Back to front
Thales becomes first Asia Pacific technology partner to join Visa VDRP, supporting Click to Pay and Payment Passkeys
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 2, 7:22 AM EDT

Thales becomes first Asia Pacific technology partner to join Visa VDRP, supporting Click to Pay and Payment Passkeys

The move is aimed at helping issuers in the region launch Visa’s digital payment services with reduced integration complexity, using Thales’ D1 card-issuing platform.

Visa is expanding its ecosystem for next-generation digital payments in Asia Pacific, adding Thales as a technology partner to its Visa Digitalization Ready Program (VDRP). The collaboration, announced via payments industry coverage on July 2, will initially center on deployment support for Click to Pay and Payment Passkeys, two services designed to let cardholders pay digitally with added security and authentication built into the payment flow.

The Visa Digitalization Ready Program, as described in the announcement, is intended to help financial institutions adopt Visa digital payment services across regions. Thales said it is the first technology partner to join the VDRP in Asia Pacific, positioning its role around implementation support and faster time to market for issuers that want to modernize their card issuing and authentication capabilities.

Click to Pay is a Visa digital payment capability that uses online and in-app credentials to streamline authentication and enable a more convenient checkout experience. Payment Passkeys are an authentication approach that uses passkey technology, rather than traditional cardholder verification methods alone, to support stronger security during payments. In the partnership announcement, the companies tied the deployment push to both convenience for consumers and stronger security and authentication for transactions.

Thales’ contribution will be delivered through its D1 card issuing platform. According to the announcement, D1 supports digital issuance and tokenization, meaning issuers can provision payment credentials into digital form and replace sensitive payment data with safer token equivalents for use in transactions. The companies said the intent is to simplify integration with Visa’s digital services and reduce implementation complexity for participating issuers.

In comments attributed to Thales in the coverage, the company argued that issuers need technology partners that can combine speed to market with security, reflecting the broader shift in payment networks toward authentication methods designed for mobile and digital channels. Thales Asia, Middle East and Africa Banking and Payment Services vice-president Nassir Ghrous said the company’s background across physical and digital payment technologies helps financial institutions accelerate digital transformation. He also characterized the partnership as enabling payment providers in Asia Pacific to deliver “next-generation payment experiences” that pair higher security with seamless consumer convenience.

Visa and Thales also framed the cooperation around integration and adoption needs faced by banks and other issuers. The announcement said the collaboration is intended to support financial institutions in deploying Visa digital services, using Thales’ platform to help issuers launch Click to Pay and Payment Passkeys in a structured way. While the coverage does not name specific countries, issuer clients, or timelines for rollout, it indicates the work begins with those two capabilities.

Industry observers note that VDRP-style programs generally matter because they create a path for issuers to implement network-level digital features without each institution reinventing integration work. For Visa, expanding the partner set in Asia Pacific can broaden the delivery capacity around digital issuance and authentication, potentially accelerating how quickly issuers can go from pilot to scaled deployments.

For now, key commercial details were not disclosed in the public announcement. The coverage did not specify whether Thales’ role is limited to certain issuance environments, whether the program involves formal certification milestones, or what measured performance targets Visa expects from partner integrations. It also did not disclose the number of issuers expected to participate initially, or the release cadence for Click to Pay and Payment Passkeys enablement across the region. As a result, the near-term impact will likely depend on how quickly issuer customers onboard the solution and how rapidly those rollouts expand beyond early deployments.

Looking ahead, investors and payments executives may watch for two indicates: first, whether additional technology partners join VDRP in Asia Pacific, and second, whether banks and other issuers publicly announce production timelines for Click to Pay and Payment Passkeys supported by tokenization and digital issuance workflows. Any future announcements that name specific markets, partner onboarding steps, or issuer deployments would help clarify how quickly the program moves from ecosystem building to widespread consumer availability.

Why It Matters

  • Partnership programs like VDRP can reduce the integration burden on issuers adopting network-level digital authentication and checkout features.
  • Click to Pay and Payment Passkeys reflect the payments industry’s shift toward stronger authentication and smoother consumer experiences in digital channels.
  • Using a tokenization-capable issuing platform may help issuers deploy digital credentials with less operational friction than building capabilities from scratch.
  • If more partners and issuers join, Visa’s ecosystem could accelerate regional rollout of next-generation payment experiences, though near-term scope is not quantified in the announcement.

Sources

Key Facts

  • Thales joined Visa’s Visa Digitalization Ready Program (VDRP) for Asia Pacific, according to July 2 coverage.
  • Thales said it is the first technology partner to join VDRP in Asia Pacific.
  • The collaboration initially targets helping issuers deploy Visa Click to Pay and Payment Passkeys.
  • Services will be delivered through Thales’ D1 card issuing platform, which supports digital issuance and tokenization.
  • Thales said the partnership is intended to simplify integration with Visa digital services and reduce implementation complexity for issuers.

Finance Related

Thales becomes first Asia Pacific technology partner to join Visa VDRP, supporting Click to Pay and Payment Passkeys | The Apex Times