On Wednesday, Shares of Visa Inc. (NYSE:V), gained 1.70% to $76.01.
Visa declared it is working with Orbitz for Business, the corporate travel brand of Orbitz Worldwide (OWW), to provide corporate clients with a turn-key, end-to-end travel and expense solution designed to make booking, reconciliation and reporting more efficient. The solution, Visa Travel Manager, is specifically designed to give mid-market companies control of, and visibility into, employee travel spending. It is planned to be accessible to Visa issuers and their clients starting October 2015.
Visa Travel Manager combines an Orbitz-powered booking and payment portal on the front end with Visa IntelliLink reporting and expense administration on the back end. This integration gives companies a greater ability to capture total travel spend and have raised visibility across their organization, promote compliance, and provide data intelligence to drive cost savings.
Because the system is easy to use, employees can save time and resources by having an easy way to book travel and submit their expense reports. To book, employees will be instructed to use Visa’s Orbitz for Business portal and pay with their Visa business travel card. They’ll receive access to all supplier published rates in addition to discounted Orbitz for Business rates, while also being able to use the same platform to manage and submit their expense reports. The Orbitz for Business portal provides users with an easy-to-use, familiar experience that is consistent across all booking channels counting online, tablet and mobile, plus access to corporate travel agents to assist with bookings and in-trip support.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
Shares of U.S. Bancorp (NYSE:USB), inclined 0.63% to $45.01, during its last trading session.
U.S. Bancorp, and Chrome River have signed a planned agreement to create a seamless experience for joint customers of the bank’s business travel payment tools and Chrome River’s expense administration solution. The agreement will enable organizations to track expenses, make payments and reconcile all in one place, using one password. It will be the first such integrated process in the industry to comprise automated statement reconciliation, potentially saving corporate card program managers hours of manual work each month.
“This integrated system will streamline the reconciliation process and create a truly connected experience for our joint customers,” said Dave Terry, chief operating officer (COO) of Chrome River. “Card users will be able to view their statement, complete their expense report, dispute transactions, and pay their incidentals without the need to move from one system to another and back. It is a giant step forward for expense and account administration.”
U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.
Finally, Robert Half International Inc. (NYSE:RHI), ended its last trade with 2.11% gain, and closed at $53.33.
Robert Half International stated revenues and earnings for the second quarter ended June 30 , 2015.
For the quarter ended June 30, 2015 , net income was $89.7 million , or $.67 per share, on revenues of $1.27 billion . Net income for the preceding year’s second quarter was $75.1 million, or $.55 per share, on revenues of $1.16 billion.
For the six months, ended June 30, 2015, net income was $167.6 million, or $1.25 per share, on revenues of $2.48 billion. For the six months, ended June 30, 2014, net income was $136.7 million, or $1.01 per share, on revenues of $2.25 billion.
Robert Half International Inc. provides staffing and risk consulting services in North America, South America, Europe, Asia, and Australia. It operates through three segments: Temporary and Consultant Staffing, Permanent Placement Staffing, and Risk Consulting and Internal Audit Services.
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