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BASE II

2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Nov 27, 2023 by David Rosenthal · said 4 times in 1 episodes since 2023 · across every show →

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brought up most by David Rosenthal (4)

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2023 4 mentions in 1 episode

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Everything said about BASE II, oldest first

Nov 27, 2023 positive
Assertion Supported
Visa's BASE II saved member banks $15 million in its first year
“It ends up saving about fifteen million dollars in labor and postage costs to the banks by automating this. Just in year one.”
David Rosenthal Nov 27, 2023 ▶ 2:03:40 Visa (Audio) · Acquired
Nov 27, 2023 positive
Assertion Supported
Visa's BASE II cut transaction settlement time from a week to overnight
“Once base two is done, and again, it also happens in less than a year that it's live and up and running, average settlement time for transactions on the Visa network go from taking a week on average to happening in batch overnight every single night.”
David Rosenthal Nov 27, 2023 ▶ 2:03:06 Visa (Audio) · Acquired
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