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Stock Market & Financial Investment News

News Breaks
April 1, 2014
08:33 EDTFIS, VFIS fosters U.S. EMV adoption with Visa agreement
FIS (FIS) and its NYCE Payments Network announced a licensing agreement to make the Visa (V) EMV debit solution available to all NYCE participants. This agreement furthers the U.S. payments industry goal of EMV adoption and is NYCE’s first formal EMV license, which can be used by NYCE Network participants with respect to Visa card products. Fundamental to the agreement is the support of key NYCE participant business flexibilities, including portability between debit networks for issuers, routing choice for merchants at the point of sale and issuers at NYCE ATMs. At the same time, it ensures that NYCE will have access to Visa EMV technology in perpetuity to support NYCE clients and NYCE will be able to support transactions using all authentication types.
News For FIS;V From The Last 14 Days
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July 22, 2014
14:47 EDTVVisa July weekly volatility elevated into Q3 and growth outlook
Visa July weekly call option implied volatility is at 39, August is at 20, September is at 17, December is at 16; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on July 24.
July 21, 2014
13:36 EDTVSmartMetric files patent infringement suit against Visa, MasterCard
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July 18, 2014
18:12 EDTVVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
14:25 EDTVVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
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July 17, 2014
07:37 EDTVVisa MasterCard underperformance creates buying opportunity, says Oppenheimer
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July 16, 2014
14:36 EDTVVisa launches Visa Checkout payment service
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