175.34 +0.05 (0.03%)
Pre-market: 4:19AM EDT
|Bid||0.00 x 1000|
|Ask||175.40 x 800|
|Day's range||172.82 - 177.18|
|52-week range||121.60 - 187.05|
|Beta (3Y monthly)||0.81|
|PE ratio (TTM)||33.66|
|Earnings date||22 Oct 2019 - 28 Oct 2019|
|Forward dividend & yield||1.00 (0.57%)|
|1y target est||201.33|
Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.
The fintech startup, whose technology lets people connect their bank accounts to mobile apps like Venmo, did not disclose the size of Visa and Mastercard's investment in a statement announcing the deal. "Financial services is in the midst of a digital revolution, led by the fintech market," Zach Perret, Plaid's chief executive officer, said in the statement.
Visa is committed to working with innovative companies in the insurance industry to help turn outdated and time-consuming processes associated with insurance claim payouts into near real-time1 access to payments when individuals, families and businesses need them the most. “Visa believes that money shouldn’t be a stressor in moments of crisis and waiting on average six to 10 days to access the money from insurance checks, is outdated, frustrating and costly to those in need,” said Bill Sheley, SVP and Global Head of Visa Direct, Visa. “Being such a globally trusted brand, Visa knows trust is the underpinning of the insurance industry.
How Visa Europe CEO Charlotte Hogg is driving diversity and inclusion at the global payments company.
Visa (NYSE:V) today announced it has completed the acquisition of Verifi, a leader in technology solutions that reduce chargebacks. The acquisition of Verifi strengthens Visa’s role of facilitating trust and transparency across the buying experience by extending its dispute resolution capabilities to support a broad range of payments brands and partners across the ecosystem.
Today, Visa (NYSE:V) announced its renewed sponsorship of New York Fashion Week: The Shows (NYFW) as the Official Payment Technology Partner. This season, Visa is leveraging NYFW as an opportunity to expand its efforts in supporting and empowering women who are moving the fashion industry forward to make positive change.
(Bloomberg) -- Gojek is on track to raise $2 billion in its ongoing funding round before the end of the year, accelerating capital-raising to drive an expansion into mobile payments and food delivery.The ride-hailing giant has now handled about $1.5 billion of transactions outside of Indonesia, thanks to a budding expansion into the rest of Southeast Asia, President Andre Soelistyo told Haslinda Amin on Bloomberg Television. Backed by Google and Tencent Holdings Ltd., Gojek has rapidly grown an international business from scratch after setting up shop in countries like Singapore and Vietnam just nine months prior, he said.Gojek is trying to out-do Singapore-based Grab Holdings Inc. in the provision of a plethora of internet services that both companies hope to build into a coherent, all-purpose super-app. The Indonesian startup had raised about $1 billion from Tencent and others as of early 2019, but it remains on the hunt for capital. Amazon.com Inc. is said to be in talks to join the current round to bolster its presence in Southeast Asia, but Soelistyo declined to comment on potential backers. On Thursday, Grab co-founder Tan Hooi Ling said it will invest $150 million into artificial intelligence research, staffing and development over the next year to boost its own competing app and services.Read more: Grab Will Invest $150 Million in AI to Build Regional Super App“We can say now we’re not just an Indonesian company,” Soelistyo said in an interview at Bloomberg’s Sooner Than You Think conference in Singapore. Gojek is in “four countries and hopefully soon into six.”’Gojek debuted its app for hailing motorbike taxis in Jakarta in 2015. Since then, it’s evolved into a provider of ride-sharing services, food delivery and a digital wallet. It also offers a dozen other on-demand services such as house cleaning and medicine delivery.As part of the ongoing funding round, Gojek -- valued at $10 billion according to CB Insights -- had also secured investment from Visa Inc., Thailand’s Siam Commercial Bank Plc., Mitsubishi Motors Corp., Mitsubishi Corp. and Mitsubishi UFJ Lease & Finance Co. this year. The terms of those deals have not been disclosed.To contact the reporter on this story: Yoolim Lee in Singapore at email@example.comTo contact the editors responsible for this story: Peter Elstrom at firstname.lastname@example.org, Edwin Chan, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Though Apple only launched its brand new credit card in the U.S. last week, the company has been gearing up for a move into finance for more than five years.
BRAGANÇA, Portugal--(BUSINESSWIRE)-- The launch of Portugal’s Highly Qualified Activity (HQA) Visa program has elicited strong reactions from South African professionals and Portuguese authorities. Originally ...
(Bloomberg) -- One of the world’s largest cryptocurrency exchanges said it has learned a valuable lesson from the push back on Facebook Inc.’s Libra and will take a different approach as it works on a rival project.Malta-based crypto platform Binance is ready to engage with all regulators from day one as it prepares to roll out its Venus digital currencies. “If we want to launch Venus in a country, we’ll make sure it complies with the regulations,” the exchange’s co-founder He Yi said in an interview.Binance announced last week it plans to seek partners to create so-called stable coins -- digital currencies that are pegged to traditional money and thus less volatile than cryptocurrencies like Bitcoin, which fluctuate based on market dynamics. In an interview detailing the project, He said Venus drew inspiration from Facebook’s Libra in many ways -- but that the resistance from governments around the world to the social-media behemoth’s plan served as a cautionary tale.Facebook hopes its new currency will be used for everyday transactions across the globe after it goes live as soon as next year under the governance of a broad set of partners from Visa Inc. to Uber Technologies Inc. and Spotify Technology SA. But since the release of its whitepaper in June, Libra has drawn wide-ranging regulatory scrutiny. The European Union has started an antitrust investigation, U.S. officials from President Donald Trump to Federal Reserve Chairman Jerome Powell have questioned Libra and officials from places like India have expressed skepticism.READ: EU Antitrust Probe Is Facebook-Led Libra’s Latest HeadacheBinance also plans to form an independent association in charge of Venus, and use a basket of government-backed currencies and securities as its reserve. But He said the company will take a “more conservative” approach to push through the project, with a priority on regulatory compliance rather than technological developments.Unlike Libra, Venus will focus on partnering with governments and companies in non-Western countries, He said. In a special shout-out to China, she called Venus a “Belt and Road version of Libra,” saying its geographic scope would roughly align with Beijing’s sprawling infrastructure initiative.The emphasis on regulatory buy-in is yet another sign of Binance’s efforts to improve its relationship with governments. The crypto platform, established in 2017, has at times played a game of regulatory whac-a-mole -- for example, it quit markets including Japan and China to avoid clashes with local financial watchdogs. But more recently Binance has set up regulatory-compliant exchanges in friendlier jurisdictions like Singapore and Malta, allowing customers to trade using real money.China, meanwhile, is planning to release its own cryptocurrency that would eventually replace cash in circulation and give Beijing even more control of its financial system. The country’s central bank, the People’s Bank of China, has already shut down local crypto exchanges.“So far regulators around the world can’t gauge precisely the potential risks stable coins will bring to their financial systems, and that’s why they are very careful about Libra-like currencies,” said Hu Tao, founder of Beijing-based crytpo researcher TokenInsight. “In theory, Binance will face the same challenges as Facebook.”In the Chinese statement announcing Venus, Binance advises governments to launch a regulatory sandbox, which, among other things, allows private firms to issue their own stable coins for payments and cross-border settlements. “It’s better to embrace the change rather than missing the opportunity,” according to the statement written by He.Binance will likely create a new open-sourced blockchain for Venus, He says, rather than using its own Binance Chain, which already supports a range of stable coins. The exchange operator is willing to give up some commercial interests to attract more partners, she said, although the plan hasn’t been finalized yet.He is leading a team of more than 10 people in compliance, business development and coding to work on the Venus project. There’s no time line yet for the launch, but she expects more details including partnerships to be released in the next few months.A TV anchor-turned tech entrepreneur, He launched Binance with “CZ” Zhao Changpeng after leaving Chinese crypto exchange OKCoin, which the two co-founded. Previously she also served as a vice-president of marketing for Beijing-based Yixia Technology, which owns a slew of popular short video apps.To contact the reporter on this story: Zheping Huang in Hong Kong at email@example.comTo contact the editors responsible for this story: Edwin Chan at firstname.lastname@example.org, Joanna Ossinger, Colum MurphyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Why have the treasured FAANG stocks been lagging in recent months of trading? Has the growth stopped, is this just function of valuation or can the recent soft performance be understood on an individual basis?