BASE II
product on 1 show · 2 statements across 1 episodes · said 4 times in 1 episodes since 2023
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Acquired 4
2023 4 mentions in 1 episode
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2 statements about BASE II, every show
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.”
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.”