Tag: Visa

Visa: Huge Upside As Global Economic Activity Recovers From Pandemic (NYSE:V)

Visa (V) is one of my favorite buy and hold forever stocks that seems to get lost in the mix recently.

As investors patiently await the Q3 earnings season to determine economic recovery from COVID-19, I still remain extremely bullish on Visa stock.

Reuters reported Visa transaction volume has recovered from its bottom in April after global lockdowns dragged U.S. economic activity to a halt.

While renewable energy stocks have soared, digital payment stocks like Visa are trading at similar levels before the pandemic shocked the world.

ChartData by YCharts

Data by Ycharts

Digital payments are the future of global commerce and I’ll explain why Visa remains a core part of my retirement portfolio along with an overall risk-reward thesis for dividend growth investors.

Visa is a Digital Payment Giant

Visa stands as one of the most recognizable logos in the world. If you live in a western country then

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Ternio, Visa Team Up For Crypto Payments

Not all that long ago, bitcoin was shorthand for cryptocurrencies, and crypto was shorthand for speculation, for a “Wild West” of lightly regulated coins and tokens whose main functions seemed to be making and losing fortunes in a single trade – and paying for purchases on the dark web.

Today, there are thousands of cryptocurrencies, but their use in a real-world setting has seen slow, and at times bumpy, progress.

In an interview with Karen Webster, Ternio’s Co-Founder and COO Ian Kane and Daniel Gouldman, co-founder and CEO, said the payments world is on the cusp of bringing blockchain – the rails that underpin the cryptocurrency transactions themselves – to legacy financial providers.

Bridging that tech gap, they said, will open up the digital payments ecosystem more fully to the use of cryptocurrencies, and even digital fiat currencies issued by central banks.


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Race discrimination commissioner warns Australian partner visa changes could ‘segregate’ marriages

Australia’s race discrimination commissioner has urged the federal government to consult with key community stakeholders on a new English language requirement for partner visas, warning it could serve to “segregate” migrant couples. 

Race Discrimination Commissioner Chin Tan on Tuesday said the inclusion of the requirement in last week’s federal budget came as a surprise to those leaders in the multicultural sector. 

The peak body for migration agents in Australia, the Migration Institute of Australia, has also told SBS News it received no prior warning. 

Commissioner Tan said the requirement has led to “justifiable concern” among the community. 

“I support a government position that promotes and encourages all migrants to Australia to acquire English,” he said.

“But where there is a policy that enforces and sanctions the rights of partners under the Partners Visa to remain in Australia based on their English proficiency, then that requirement may be unfair and may

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Indian High Commission announces resuming online visa services for Bangladeshis

Visa services had remained halted since March 12

The Indian High Commission in Bangladesh has announced that online visa application services were being resumed for Bangladesh citizens.

Currently visas will be provided in nine categories – medical, business, employment, entry, journalists, diplomatic personnel, officials, UN officials and UN diplomats.

The visa process in other categories would be resumed soon, the High Commission said on Friday.

At the onset of the coronavirus pandemic India stopped entry of all foreigners into its territory by halting visa approvals on March 12.

People seeking medical treatment in India found themselves in grave trouble since Bangladeshis often go to India seeking treatment.

From January 2018 to March 2019, 2,876,000 Bangladeshi citizens visited India, and on average 10% of them went there for treatment.

ভারতীয় হাই কমিশন, ঢাকা বাংলাদেশী নাগরিকদের জন্য অনলাইন ভিসা আবেদন পরিষেবা পুনরায় চালু করার ঘোষণা করছে-

Posted by India in Bangladesh

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Tech Employment Data Contradict Need For Quick H-1B Visa Rules

New government data show the low unemployment rate in computer occupations contradicts Trump administration claims an economic emergency requires the quick implementation of new H-1B visa rules. A new analysis indicates the government’s own data do not support the claims made in the regulations, which makes it more likely federal courts will block the new rules.

On October 8, 2020, the Department of Labor (DOL) and the Department of Homeland Security (DHS) published “interim final” rules to restrict H-1B visas, asserting a “good cause” exception to the Administrative Procedure Act (APA) to allow the H-1B rules to go into effect quickly without permitting the public to comment. DOL and DHS cited

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Visa (V) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Visa (V) closed at $206.40, marking a -0.12% move from the previous day. This change lagged the S&P 500’s 1.64% gain on the day. Elsewhere, the Dow gained 0.88%, while the tech-heavy Nasdaq added 2.56%.

Prior to today’s trading, shares of the global payments processor had gained 2.53% over the past month. This has outpaced the Business Services sector’s loss of 2.61% and the S&P 500’s gain of 2.44% in that time.

V will be looking to display strength as it nears its next earnings release, which is expected to be October 28, 2020. The company is expected to report EPS of $1.10, down 25.17% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.03 billion, down 17.96% from the year-ago period.

Investors might also notice recent changes to analyst estimates for V. These revisions help to show the

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Foreign physicians should be exempt from visa policy change, med groups say

Six major medical groups are calling on the Department of Homeland Security to exclude foreign national physicians from a proposed change in immigration policy.

The American Hospital Association, American Medical Association, Association of American Medical Colleges, National Resident Matching Program, Accreditation Council for Graduate Medical Education, and Foundation for Advancement of International Medical Education and Research on Oct. 9 sent a joint letter to Acting Secretary of Homeland Security Chad Wolf requesting that J-1 physicians—those participating in graduate medical education programs or training at schools of medicine in the U.S.—be excluded from a proposed rule that would limit how long foreign nationals can remain in the country.

Under the proposed rule, foreign nationals who are non-immigrant academic students or exchange visitors would only be allowed to stay in the U.S. for a fixed time. Currently, people who fall under those categories can remain in the country for what is known

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UK tech visa applications skyrocketed in September

Visa applications for technology jobs in the UK skyrocketed in September 2020, making it the highest month for Tech Nation applications since the platform started keeping records in 2014.

August 2020 was also found to be the third highest month for visa applications on record.

According to Tech Nation, applications in the third quarter of 2020 were up 42% compared to Q2, which was hit hard by the economic effects of the COVID-19 pandemic. However, the number of applications also exceeded those from the third quarter of 2019 by 8%. 

Tech Nation, which was founded in 2010, is designated by the Home Office to endorse applications for the Global Talent Visa in digital technology. The Global Talent visa, or Tier 1 visa, can be used to work in the UK by leaders, or potential leaders, in the fields of academia or research, arts and culture, and digital technology.

Tech Nation

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Expat female lawyer Jasmin Fichte gets 10-year UAE golden visa

text: Expat female lawyer Jasmin Fichte gets 10-year UAE golden visa

© Provided by Khaleej Times
Expat female lawyer Jasmin Fichte gets 10-year UAE golden visa

Jasmin Fichte, founder and managing partner of Fichte & Co, was granted a 10-year golden visa by Dubai authorities on Sunday, becoming the first female lawyer in the UAE to receive the visa.

Fichte is a German national and has been a UAE resident for more than 20 years.

The UAE government had chosen 6,800 investors and professionals based in the UAE, who hold around Dh100 billion in assets and hail from 70 countries, to receive the golden visa.

Among professionals, the UAE also granted permanent residency to 2,500 scientists, researchers and doctors who come from various backgrounds including gas and energy, nanotechnology, aviation, engineering and robotics.

Dubai has granted 10-year visa to around 212 doctors for their work to protect the residents against the coronavirus pandemic.


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Axis Bank collaborates with Google Pay, Visa to launch a new ACE Credit card

Axis Bank on Monday announced the launch of its ACE Credit Card in India in collaboration with Google Pay and Visa.

The card meant to help with digital payments. From application to issuance, with the entire user journey for the credit card application will be done digitally.

For essential use cases, including mobile recharges and bill payments made via Google Pay, users can earn a cashback.of 5 per cent. The company is also offering 4 per cent-5 per cent cashback for expenses on food ordering, online grocery delivery, cab rides for transactions made on partner merchant platforms such as Swiggy, Zomato, BigBasket, Grofers and Ola.

There is also an unlimited 2 per cent cashback on other transactions (terms and conditions applied).

“Users will be able to get cashback directly into their ACE Credit Card accounts. The tokenization feature enabled in partnership with Visa will allow Google Pay users to use

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