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Visa 1Q profits rise 6%, new CEO to take over Feb. 1

Por: Associated Press Business January 26, 2023

NEW YORK (AP) — Payment processing giant Visa Inc. said Thursday that its profits rose 6% in its latest quarter from a year earlier, helped by the continued rise of digital payments across the globe. The company also said its current CEO, Al Kelly, will step down on Wednesday. He will be replaced by his second-in-command, Ryan McInerney. The San Francisco-based company said it earned $4.18 billion, excluding a handful of one-time items, or... + full article



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