Tag: Visas

Visa’s TR Ramachandran on how he straddles different time zones, why being approachable is important and his advice to budding entrepreneurs

a person standing in front of a crowd: Like A Boss: Visa’s TR Ramachandran on how he straddles different time zones, why being approachable is important and his advice to budding entrepreneurs

© Shubhashish
Like A Boss: Visa’s TR Ramachandran on how he straddles different time zones, why being approachable is important and his advice to budding entrepreneurs

Note to readers: How do corporate India’s leaders manage their businesses? Where do they draw inspiration from?  What is their management style? Like A Boss is a new series of interviews aimed to offer readers lessons from corporate bosses on how they run their companies.

Running the business of a global technology giant in India is perhaps one of the most coveted — and challenging — job roles. Take the case of Visa India and South Asia head TR Ramachandran. He joined Visa in 2015 and has been leading the company through perhaps few of the most tumultuous years for digital payments in the country. Be it demonetisation, the challenge from homegrown RuPay and UPI or data localisation. ‘Ram’ as he is popularly referred

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October 2020 USCIS: Increase in Employment-Based Visas

Mercedes Badia-Tavas provides legal and business guidance to clients on a broad range of immigration law cases, with focus on Fortune 500 and small companies alike. Mercedes supports her firm’s offices and clients across various states on immigration employment transfers and up-to-date compliance.

As an immigrant herself, Mercedes finds particular fulfillment in helping companies and individuals immigrate to the United States and participate in the American dream through startups and business transactions that also can benefit the U.S. economy.

Mercedes attributes much of her practice today to her dedication to resourcefulness from years of experience, meticulous preparation and organization skills. This entails a thorough understanding of her client’s industry, operations, culture, practices and financial goals in order to lay out realistic expectations and alternative strategies, as needed. Mercedes believes in being organized in her approach and documentation as a way of helping her clients manage costs. She and her team

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Visa Lottery 2020 deadline, US slow to issue diversity visas

It has been a complicated year for 55,000 foreigners who won the 2020 Diversity Immigrant Visa Program from among 14 million qualified entries, or more than 23 million individuals including family members.

First, U.S. embassies and consulates around the globe halted, in March, non-emergency visa services due to the coronavirus pandemic — and only recently has the Department of State restarted phased routine services for immigrant and travel visas.

Then, in April came President Trump’s Proclamation 10014 suspending entry of immigrants who present a risk to the U.S. labor market. Meanwhile, all the diversity visas available for Fiscal Year 2020 must be issued no later than Sept. 30, 2020.

Earlier this month, the U.S. District Court for the District Columbia ordered the Trump administration to allow diversity visa lottery winners in, after a civil rights coalition filed a lawsuit challenging Trump’s immigration ban.

After the ruling, the Department of State’s

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Understanding Visa’s Unusual Options Activity


shares experienced unusual options activity on Wednesday. The stock price moved down to $200.03 following the option alert.

Exceptionally large volume is one way options activity can be considered unusual. The volume of options activity refers to the number of shares contracts traded for a day. Open interest describes unsettled contracts that have been traded but not closed by a counter-party. In other words, for each contract buyer, there must be a seller. A purchased contract remains open until a seller closes it, and vice versa.

When a contract has an expiration date in the distant future, it is generally another sign of unusual activity. Usually, additional time until a contract expires allows more opportunity for it to reach its strike price and grow its time value. Time value is important to consider because it represents the difference between the strike price and the value of the

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Visa’s Crypto Strategy Is Driving Its Next Stage Of Growth

Bitcoin was invented to disrupt existing monetary systems that many felt were too expensive and exclusionary. With this in mind, it was given a much broader value proposition than a deflationary issuance policy and hard cap of 21 million units. Through the novel use of blockchain technology, it also allows anyone to send money to a counterpart around the world in a few minutes for fractions of a dollar. 

This functionality placed incumbent payment platforms such as card networks and interbank messaging systems directly in bitcoin’s crosshairs. While some firms dismissed these concerns, others saw the potential and looked for ways to derive value for their partners and shareholders.

To investigate this issue further, we recently spoke with the two

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US plan to hike wages of skilled work visa holders to hit applicants with H-1B visas

The US Department of Labour’s proposal to increase wages of skilled work visa holders, could result in a sizable reduction in future visa applications and could eliminate mid-level jobs for H-1B visa holders.

The White House budget office is reviewing a fast-track regulation that would narrow the definition of a “speciality occupation” eligible for a skilled-worker visa under the H-1B program, according to the budget office website. The wage increase could be around 20 per cent. In the US, skilled visa workers are classified into four categories and L2 is the mid-level job category. Currently, according to industry estimates, 60-70 per cent of the visa holders are in the L2 category. “Entry and mid-level jobs will be history if this goes through,” said Prashanthi Reddy, New York-based immigration lawyer.

Visa applications may be hit

Industry watchers also estimate that there would be a drastic reduction in visa applications. “It could

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Visa’s Debt Overview | Benzinga

Over the past three months, shares of Visa (NYSE: V) moved higher by 2.48%. Before having a look at the importance of debt, let us look at how much debt Visa has.

Visa’s Debt

Based on Visa’s financial statement as of July 31, 2020, long-term debt is at $17.88 billion and current debt is at $3.00 billion, amounting to $20.88 billion in total debt. Adjusted for $13.90 billion in cash-equivalents, the company’s net debt is at $6.98 billion.

Shareholders look at the debt-ratio to understand how much financial leverage a company has. Visa has $77.88 billion in total assets, therefore making the debt-ratio 0.27. As a rule of thumb, a debt-ratio more than one indicates that a considerable portion of debt is funded by assets. A higher debt-ratio can also imply that the company might be putting itself at risk for default, if interest rates were to increase. However, debt-ratios

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SBS Language | Major COVID-19 visa concessions: Australia amends criteria for skilled regional and post-study work visas

The Australian government has introduced significant legislative amendments to its Migration Regulations that will come into effect on 19 September 2020.

As per a statement issued by the Acting Immigration Minister Alan Tudge, the ‘COVID-19 Concessions’ are being introduced to limit the impact of the pandemic on visa holders stranded outside the country.


  • Australia introduces major COVID-19 visa concessions for certain temporary and provisional visa holders
  • The COVID-19 concession period commences from 1 February 2020 and is an interim arrangement
  • Major amendments have been made to Temporary Graduate (485) and Skilled Regional visas (887)

The amendments coined as the ‘COVID-19 concessions’ have been brought in to allow individuals to continue on their visa pathway if they have been disadvantaged by “COVID-19 border closures, business restrictions or the economic downturn.”

Australian visa

Australian visa update


“The Migration Amendment (COVID-19 Concessions) Regulations 2020 (the COVID-19 Concessions Regulations) amend the Migration Regulations 1994 

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Startup Immediate speeds earned wage access via Visa’s push payments

Immediate will use Visa Direct to provide real-time access for employees to collect earned, but not yet paid wages before scheduled payday.

The Birmingham, Alabama-based startup offers lower costs alternative to payday loans. According to The PEW Charitable Trusts, 12 million Americans borrow from payday lenders each year and spend more than $7 billion on payday loans. Immediate works through employers, integrating with a company’s time and tracking payroll software in order to determine the wages an employee has accrued during a payroll cycle. Immediate has built integrations with ADP, Kronos, Paychex, Paylocity, UltiPro, Prism HR, as well as other payroll platforms.

While many EWA providers such as PayActive set a limit, such as $500, on how much an employee can access early, Immediate works with each individual employer to set customized limits.

The employee can access and request wages by using the company’s mobile app called ImmediatePay. Any eligible

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Visa’s payment police saves Aussie businesses $560m

“The amount of fraud prevented has grown since last year, but there’s two sides to this – the amount depends on the level of cyber criminal activity at any moment in time, as well as the effectiveness of prevention.

“With AusPayNet reporting a reduction of fraud rates and Visa’s fraud prevention being where it is, this is good news for Australian merchants.”

The data released by payments industry group AusPayNet in August, showed card fraud costs falling in Australia, with locals being stung to the tune of $464 million last year, down from a peak of $576 million in 2018.

Visa says its use of AI has saved Australian businesses $560 million in a year. iStock

Those numbers meant fraud rates had dropped from 75¢ per $1000 of card spend, to 56.6¢ – levels last seen in 2014.

Visa said it processed more than 138 billion transactions in 2019 and

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