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Visa to create 185 R&D jobs in Singapore

Singapore — Visa said yesterday that it would create about 185 new technology research and development jobs in Singapore, as the country moves towards establishing itself as a financial and technology hub in the region.

Singapore — Visa said yesterday that it would create about 185 new technology research and development jobs in Singapore, as the country moves towards establishing itself as a financial and technology hub in the region.

Mr Chris Clark, group executive for Visa in Asia-Pacific, said in a statement: “We aim to tap the world-class innovation resources as we accelerate the shift to electronic payments and drive innovation on mobile and digital platforms.”

The payment-services provider will partner the Singapore Economic Development Board (EDB) to boost its technology staff strength.

With Visa’s focus on mobile solutions, data analytics and information security, it will draw on a strong base of research and development activities as well as technology infrastructure in Singapore, said the EDB in the statement.

The expansion is part of Visa’s efforts to add about 2,000 technology roles around the world, including the setting up of a new global technology centre in India as it builds its next-generation payment products and platforms.

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