Great American Business Leaders of the 20th Century
Dee Ward Hock
VISA
1970–1984
1970–1984
VISA
1970–1984
1970–1984
In 1970, Hock created a reverse holding company tying together thousands of independent banks to create the Visa Network. His aggressive marketing and sharp negotiation skills enabled Visa to quickly capture 20% of the charge card business in the U.S. – outpacing the growth of both MasterCard and American Express. He developed the first computerized system for the electronic transfer of data between banks and pioneered the international magnetic strip building bridges between domestic and foreign banking operations.
Personal
- Born-Died: 1929
- Birthplace: Utah
- Race: White
- Gender: Male
- Father: Laborer, Skilled
Education / Military
- Undergraduate: Weber Junior College