Visa University Opens Its First International Campus in Singapore
Singapore - Visa Inc. (NYSE: V) today announced the opening of the first international campus of Visa University at its Asia Pacific headquarters in Singapore. The purpose-built facility in Singapore features flexible classroom space, breakout rooms for small-group learning and lounge space for informal networking. It also boasts cutting edge video conferencing technology, which extends the reach of Visa University Singapore across the Asia Pacific region.
While in Singapore for the opening of the campus, Michael Ross, Executive Vice President, Human Resources at Visa said: “Like our network, Visa University is open and dynamic, providing a modern, state-of-the-art learning centre. It offers a digital-at-the-core curriculum that is designed and delivered by Visa, to help employees learn and discuss critical industry developments, so they can drive better business results in their respective roles. Our goal is to foster a perpetual state of learning at Visa, where ideas – new and old – are welcomed and tested, and the culture and environment is both inclusive and open.”
A Natural Fit in Singapore
Singapore serves as Visa’s Asia Pacific headquarters and hub for its business in the region, and Visa University selected Singapore as the home for its first international campus as its digital focus is well-aligned with Singapore’s modern and forward-thinking business environment.
Mr Kelvin Wong, Assistant Managing Director at the Singapore Economic Development Board said: “We are delighted to welcome Visa’s first corporate university outside the US to Singapore. Visa’s new corporate university here bears testament to Singapore’s talent ecosystem, where companies can work alongside industry partners to develop and harness Asia-Ready talent.
“Through this partnership with Singapore, Visa will strengthen the Pan-Asian perspectives of its talent pool and deepen its understanding of the diverse market needs across Asia. This will in turn strengthen Visa’s leadership in developing innovative, tailored products and solutions for the region. “
The company expects that the Singapore campus will draw employees who will learn and share their experiences with others, helping identify best practices across the organisation. This includes showcasing Singapore’s success in moving toward a cashless society, and allowing employees attending courses to take those cashless experiences and lessons home to their own markets.
The selection of Singapore for the Visa University campus is the second major Visa centre announced in the country this year. In April, Visa announced the launch of the Singapore Innovation Centre, a 7,000 square foot facility in Singapore that has been established as a destination for clients, partners and developers across the region to work alongside Visa experts and jointly create the next generation of commerce applications.
Supporting Digital Transformation
One of the driving principles behind Visa University is the need to provide the information and knowledge Visa employees need to deliver the future of electronic payment to Visa customers and cardholders. The world is experiencing a digital transformation, with new devices and experiences creating a seismic shift in the way people do everything from staying in touch, to how they work, to how they pay. Visa believes investing in its employees’ growth and development essential for the company to maintain its leadership in digital commerce.
Chris Clark, Group Executive, Asia Pacific for Visa said: “The ongoing learning opportunities that the Visa University campus in Singapore will provide will help our team keep their digital and leadership skills up-to-date and razor sharp. This is a key element of our commitment to be an employer of choice. This is particularly important in Asia Pacific, where so many of the digital trends shaping the world emerge.”
Visa Inc. (NYSE: V) is a global payments technology company that connects consumers, businesses, financial institutions, and governments in more than 200 countries and territories to fast, secure and reliable electronic payments. We operate one of the world’s most advanced processing networks — VisaNet — that is capable of handling more than 65,000 transaction messages a second, with fraud protection for consumers and assured payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, pay ahead with prepaid or pay later with credit products. For more information, visit https://usa.visa.com/, visacorporate.tumblr.com and @VisaNews.
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