#visa inc.

[kommabortsig]

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[monicasharmalove]

Legislation to protect work authorisation of spouses of H-1B visa holders?

International News

Two influential lawmakers from California have introduced a legislation in the US House of Representatives to protect work authorisation of H-4 visa workers, a significant number of whom are Indian-American women.

The introduction of such a legislation comes days after the Department of Homeland Security (DHS) said that it would publish this month the long-promised regulation that would prevent the work authorisation to spouses on H-4 visas.

H-4 visas are issued to the spouses of H-1B visa holders, a significantly large number of whom are high-skilled professionals from India.

This week, the Trump administration announced plans to overturn the current DHS regulations that allow certain H-4 dependent spouses of H-1B visa holders who are stuck in green card backlogs to obtain employment authorisation, pursue their own professional goals and contribute to the US economy, said the lawmakers Anna G Eshoo and Zoe Lofgren.

Many H-4 visa holders are highly skilled professionals, and the DHS previously extended eligibility for employment authorisation to them recognising the economic burdens of families of many H-1B workers, particularly those who live in high cost areas like Silicon Valley on a single income as they await green card approvals, they said.

Since the rule was implemented, over 100,000 workers, mainly women, have received employment authorisation, and the H-4 Employment Protection Act prohibits the Trump administration from revoking this important rule.

"H-4 visa holders deserve a chance to contribute to their local economies and provide for their families," Eshoo said."This is a matter of economic fairness and this legislation ensures it will continue," she added.

[businesswireindia]

HDFC Bank has once again been recognized with the Champion Security Award at the 14th Visa Asia Pacific Security Summit. For the second time in a row, the bank has won the award in the India & South Asia category. The Award is a mark of excellence reflecting leadership in risk management and payment security performance.

[brwworld-blog]

Visa posts better than expected profits and revenues

Visa posts better than expected profits and revenues

Visa Inc, the world’s largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network.

The company, whose shares were up 3.4 percent in extended trading on Thursday, also affirmed its full-year profit and revenue forecasts.

“The battle between strong business fundamentals and unfavorable exchange rate shifts will drive…

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[marketexclusive]

Guggenheim has upgraded the stock of Visa Inc. (NYSE:V) Guggenheim has upgraded the stock of Visa Inc. (NYSE:V) to Buy from its previous rating of Neutral.

[marketexclusive]

Visa Inc. (NYSE:V) Files An 8-K

Visa Inc. (NYSE:V) Files An 8-K

Visa Inc. (NYSE:V) today announced that Charlie Scharf is resigning as chief executive officer effective December 1, 2016, and the board of directors has unanimously voted to appoint Alfred F. Kelly, Jr. as CEO. Mr. Kelly, a current Visa board member, is the president and chief executive officer of Intersection Co. and the former president of American Express Co. Mr. Scharf informed the board of…

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[breakingnewswatch-blog]

PayPal on partnership with Visa; revenue rises

New Post has been published on http://breakingnews.watch/paypal-on-partnership-with-visa-revenue-rises/

PayPal on partnership with Visa; revenue rises

PayPal Holdings Inc., which has worked to extend its reach since splitting with eBay Inc. last year, said Thursday it had forged a new partnership with credit-card issuer Visa Inc. The money-moving service also posted a 15% rise in quarterly revenue and an …… Read More Read...

[breakingnewswatch-blog]

Visa, PayPal strike partnership in digital payments

New Post has been published on http://breakingnews.watch/visa-paypal-strike-partnership-in-digital-payments/

Visa, PayPal strike partnership in digital payments

PayPal Inc. (NASDAQ:PYPL) and Visa Inc. (NYSE:V) said late Thursday they struck a partnership in digital payments, vowing to work "more collaboratively" to accelerate the adoption of such payments. PayPal customers will be able to choose to pay with their …… Read More Read...