Growth corporates — companies with $50 million to as much as $1 billion in revenues — drive economies forward. They’re the firms innovating, hiring and scaling. Eventually, they’re the companies that gain enough critical mass to grow into national and global leaders in their fields,...
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...
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...
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 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 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...
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 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 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...
