Visa opens doors in Palo Alto

By Rajat Taneja, Executive Vice President of Technology • Visa

February 13, 2017

The microprocessor. The personal computer. The connected car. Silicon Valley has seen some of the great technological innovations of the past 50 years, which is why we’ve had a presence here since the 1970s, and why we’re also so excited to be opening a brand new office, right in the centre of it all, in Palo Alto.

It was great to have our CEO, Al Kelly at our open house event to introduce some of our neighbors, partners, and interested media to the new space. Along with myself and our EVP of HR, Michael Ross, hopefully we were able to convey our collective excitement at setting down another crucial footprint in the vibrant and diverse Bay Area talent pool. Because make no mistake, while the technology we develop and the people who develop it are vitally important, so are the spaces they work in—and that’s why this opening felt so significant.

In his remarks, Al underscored the importance of talent and technology in securing our success in payments, an industry that is moving at lightning-speed. The new Palo Alto office is part of our effort to attract and retain the best people, and to foster collaboration with the organizations based in Silicon Valley.

The fact is, we’re in the midst of a profound technology transformation, and as we re-engineer Visa’s major processing platforms, ‘open’ is a major emphasis. We’re focused on partnering with community of developers, technologists, academics, and global thinkers to create the next generation of commerce experiences. And on top of all this, we have the addition of Visa Research, a new organization within Visa that focuses on the scientific foundations of leading-edge technologies, from blockchain and cryptography, to artificial intelligence and deep machine learning.

This new three-story, 62,000-square-foot will be home to our Data, Research, Network Processing and Loyalty & Offers teams, and it’s hard to imagine a more appropriate location than Palo Alto. We look forward to seeing the innovations and collaborations that come out of the new space.

Share this post

Like this post

Related Articles

How tech is changing the world of work

February 07, 2017

Not since the Industrial Revolution has technology so radically changed the way we live our lives.

Suzy Brown Read More

Augmented Reality payments with House of Holland

August 08, 2016

The world’s first augmented reality payment technology was revealed in June by Visa Europe Collab as part of House of Holland’s Men’s event.

It demonstrates the ability to purchase items by simply pointing your smartphone’s camera at them. The consumer no longer needs to go online or in-store; they can purchase an item in a shop window even when the shop is closed.

Ranjiva Prasad Read More

The Five Forces Disrupting Commerce and Shaping the Future of Retail

June 01, 2015

Retail is being reinvented at an incredible pace, writes Natasha Toothill and Owen King. In this preview of a new report into the future of retail, they highlight the key forces driving the change.

Owen KingNatasha Toothill Read More