{
  "id": 18260630,
  "title": "Visa sets up six global tech hubs in Singapore, with 1,500 staff at new Paya Lebar centre",
  "url": "https://urgent.news/2026/11/05/visa-sets-up-six-global-tech-hubs-in-singapore-with-1-500-staff-at",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T06:05:57.000Z",
  "source": {
    "name": "The Business Times - Singapore",
    "slug": "the-business-times-singapore",
    "url": "https://www.businesstimes.com.sg/companies-markets/visa-sets-six-global-tech-hubs-singapore-1500-staff-new-paya-lebar-centre"
  },
  "original_language": "en",
  "account": "Visa, the global payments giant, is establishing six hubs in Singapore to develop expertise in cutting-edge technologies as the payments industry evolves. The new Paya Lebar Green centre will house approximately 1,500 employees focused on agentic artificial intelligence, next-generation payments, and trusted commerce. The specific number of these roles being newly created is unknown. Visa's president for technology, Rajat Taneja, highlighted the firm's entry into a transformative period of commerce innovation driven by AI, digital money, and other emerging technologies. The new Singapore hub will focus on three key areas: AI, next-generation payments, and cybersecurity to bolster resilience in complex digital ecosystems. The Economic Development Board expects this investment to generate high-value jobs for Singaporeans and strengthen the country's role in creating innovative financial products and solutions, such as agentic commerce and quantum technologies. This announcement comes after Visa announced job cuts of around 2,600 employees, or 7% of its global workforce, in July to enhance efficiency and invest in its most promising opportunities.",
  "summary": "Technologies and solutions developed in the Republic will be deployed across its global network",
  "key_points": [
    "Visa establishes six global tech hubs in Singapore",
    "Paya Lebar Green centre to house 1,500 employees",
    "Focus on AI, next-generation payments, cybersecurity"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}