
Ualá Secures $66 Million in Series E Funding with Support from Televisa
In a remarkable boost for the fintech landscape, Argentinian financial technology company Ualá has successfully raised $66 million in a follow-on round of Series E funding. This significant influx of capital is bolstered by the backing of Televisa, a major media and telecommunications conglomerate, underscoring increasing investor confidence in the Latin American fintech sector.
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Unveiling the H-1B Maneuver: India's TCS Accused of Misclassifying Managers
In a stunning revelation, former employees of Tata Consultancy Services (TCS), one of India’s largest IT services firms, allege that the company systematically misclassified its managers to bypass stringent U.S. H-1B visa regulations. This revelation raises significant questions about the ethical practices within the giant firm's recruitment and immigration processes as they bridge efforts to address staffing shortages in their American offices.
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Visa Teams Up with X: A Game-Changer for the Future of Digital Payments
In a significant move towards enhancing digital payment solutions, X, the platform formerly known as Twitter, has announced a partnership with Visa, marking a major step in its evolution into an all-encompassing app. This collaboration positions Visa as the first digital wallet partner for the platform, aiming to streamline transactions for users and merchants alike.
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Infosys and HCL Brace for Business Changes Ahead of Trump Administration
In the wake of the recent elections in the United States, Indian IT giants Infosys and HCL Technologies are preparing to address the shifting business landscape as Donald Trump assumes the presidency. The anticipated changes in immigration policy and trade agreements are expected to have significant ramifications for the technology sector, particularly for the Indian outsourcing industry.
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Visa Unveils Groundbreaking Platform to Revolutionize Stablecoin Issuance for Banks Worldwide
In a surprise move that is set to shake up the world of digital finance, Visa has announced the launch of its pioneering platform, which aims at assisting banks in the issuance of stablecoins on an international scale. This pioneering step constitutes the most significant move by Visa into the world of cryptocurrency, availing critical infrastructure that will enable financial institutions to take part in the digital currency operation.
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Visa Supercharges AI Capabilities to Combat Fraud Through Featurespace Acquisition
Visa Inc. announced a milestone move aimed at shoring up its defenses against fraud by acquiring Featurespace, United Kingdom-based company specializing in fraud prevention solutions powered by AI and machine learning. Visa intends to further integrate advanced analytics and data-driven technology developed by Featurespace into its real-time capability for identifying and fighting fraud.
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