VISA

VISA
Visa: Speedier Cash Conversion Cycles Make Dollars and Sense for Growth Corporates
September 14, 2023

 The companies with top lines of $50 million to as much as $1 billion populate all manner of industries all across the globe. But as far-flung as they might be, there’s a commonality that runs through it all: They could benefit — financially, to be...

VISA
New Visa Index Reveals Working Capital Efficiencies for Mid-Market Companies
September 13, 2023

Lax monetary policy and corresponding low-interest rates formerly allowed companies to access working capital at low costs, but times have changed. Credit is expensive, and CFOs feel the pressure, especially those of Growth Corporates. These organizations generally generate annual revenues between $50 million and $1...

VISA
Visa’s Parslow Says High Cost of Credit Forces CFOs to Seek New Working Capital Options
September 13, 2023

Chief financial officers are facing pressure to reexamine the sources of cash in the corporate coffer — and how that cash is used, Darren Parslow, global head of Visa Business Solutions, noted in a recent interview.  “Everyone’s calculating the cost of capital,” Parslow told PYMNTS’ Karen Webster,...

VISA
Visa to Open Technology and Product Hub in Poland
May 23, 2023

Visa plans to open a Technology and Product Hub in Poland. The new hub will be the digital payments company’s fifth such location globally and its first in Central and Eastern Europe, Visa said in a Tuesday (May 23) press release. “Poland’s highly skilled workforce and vibrant IT...

VISA
Visa Vice Chair and CFO Vasant Prabhu to Retire Sept. 30
February 16, 2023

Visa Vice Chair and Chief Financial Officer (CFO) Vasant Prabhu will retire on Sept. 30. The firm said in a Thursday (Feb. 16) press release that Prabhu will help Visa search for and onboard his replacement, ensuring a smooth transition before he steps down. “I...

VISA
Visa Opens Atlanta HQ to Tap Diverse Local Talent and Fintech Denizens
February 08, 2023

Atlanta, Georgia, is famous for many things, and it can now add a major Visa office presence to that list as the company announced opening its new hub there on Wednesday (Feb. 8). Plans were originally unveiled in 2021, and Visa’s decision to branch out...

VISA
Visa to Hire 1,000 Workers for New Atlanta Office
February 08, 2023

Visa plans to hire 1,000 workers to staff the company’s new Atlanta offices. The expansion is part of Visa’s goal to have a strong presence in the communities “where it does meaningful business,” the company said in a Wednesday (Feb. 8) news release. “Atlanta, for...

VISA
Visa Q1 Led by Travel Surge and 20% New Payment Volume
January 26, 2023

Visa reported fiscal first quarter results that showed continued strides in new payment flows, including Visa Direct and contactless payments. Payments volume for the three months ending Dec. 31 increased 7% over the prior year on a constant-dollar basis. Cross-border volume, excluding intra-Europe, was up...

VISA
Ukraine Awards Peace Prize to Incoming Visa CEO
November 30, 2022

Ukraine has awarded its Peace Prize to Visa president and future CEO Ryan McInerney. “Visa is one of the first companies [that] suspended operations in Russia back in March,” Ukrainian Vice Prime Minister Mykhailo Fedorov said on Twitter Tuesday (Nov. 29). “And our reliable partner...