Visa has tapped Google research scientist Min Wang to run Visa Research Labs, an organization designed to expand Visa's development capabilities worldwide.
Wang was hired as senior vice president of Visa Research Labs, after almost two-and-a-half years at Google as a senior staff research scientist, which followed scientific research and management roles at Hewlett-Packard and more than 11 years at IBM's T. J. Watson Research Center, according to her LinkedIn profile.
"Visa has actually been engaged in technology research for decades," Visa spokesperson Elvira Swanson said in an email. "We have internal staff that has been conducting technology research and has collaborated with a network of independent laboratories, outside tech experts, partners, and clients in the payments industry to test and evaluate emerging technologies and has helped our product teams and clients develop new payment products and services. Visa Research Labs is an expansion of these efforts, bringing more of the deep technology research and applied science expertise in-house, while also increasing our collaboration with academia, think tanks, and security experts."
Visa declined a request to talk with Wang. Wang will report into Rajat Taneja, Visa's executive vice president for technology.
"I am excited to expand our technology research efforts and have Min lead Visa Research Labs," Taneja said in Visa's press release. "This effort has the potential to shape the way we pay and get paid in the future, and transform the lives of millions of unbanked consumers by finally providing them with access to secure digital commerce."
Wang holds a Ph.D. and M.S. in Computer Science from Duke University, and a M.S. and B.S. in Computer Science from Tsinghua University in Beijing, China, Visa said. She starts her new role at Visa on May 4.