|April 1, 2014|
|08:33 EDT||FIS, V||FIS 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
|October 22, 2014|
|16:32 EDT||V||Visa increases dividend 20% to 48c from 40c|
Visa announced that its board of directors had declared a quarterly dividend in the aggregate amount of 48c per share of class A common stock, determined in the case of class B and class C common stock on an as-converted basis, payable on December 2 to all holders of record of the company's class A, class B and class C common stock as of November 14. The quarterly dividend increase raises the annual dividend rate from $1.60 per share to $1.92 per share.
|October 21, 2014|
|07:31 EDT||FIS||FIS appoints president and COO Gary Norcross as president and CEO|
FIS announced the appointment of Gary A. Norcross as President and CEO effective January 1, 2015. Norcross, who currently serves as FIS President and COO, will take over as CEO from Frank R. Martire, who has served as the company’s CEO for five years. Martire will take on the role of Executive Chairman.
|October 16, 2014|
|16:23 EDT||V||JPMorgan announces Apple Pay to be available to Chase customers, merchants |
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|15:26 EDT||V||Apple Pay available to millions of Visa cardholders |
Visa (V) announced that starting October 20 eligible Visa cardholders in the U.S. will be able to use Apple (AAPL) Pay, Apple’s new payment service, to begin to make purchases at select U.S. merchants with their new iPhone. Visa is actively working with its client base of thousands of U.S. financial institutions to enable them to offer the new Apple Pay service to their account holders.
|14:09 EDT||V||Apple confirms October 20 start date for Apple Pay|
Apple (AAPL) announced that customers can start making payments on Monday, October 20, when Apple Pay becomes available in the U.S. Users of the iPad Air 2 and iPad mini 3 will be able to use Touch ID on their devices for Apple Pay within apps. The new service will be enabled by a free software update to iOS 8. Apple Pay supports credit and debit cards from the three major payment networks: American Express (AXP), MasterCard (MA) and Visa (V). In addition to American Express, Bank of America (BAC), Capital One Bank (COF), Chase (JPM), Citi (C), Wells Fargo (WFC) and others, who announced support in September, more than 500 new banks from across the country have signed on to Apple Pay, the company said.
|October 15, 2014|
|10:02 EDT||FIS||On The Fly: Analyst Initiation Summary|
Today's noteworthy initiations include: Atwood Oceanics (ATW) initiated with a Buy at ISI Group... Baker Hughes (BHI) initiated with a Buy at Citigroup... Basic Energy (BAS) initiated with a Buy at ISI Group... C&J Energy (CJES) initiated with a Buy at ISI Group... CARBO Ceramics (CRR) initiated with a Hold at ISI Group... CHC Group (HELI) initiated with a Buy at ISI Group... Cameron (CAM) initiated with a Buy at ISI Group... Chart Industries (GTLS) initiated with a Buy at ISI Group... Core Laboratories (CLB) initiated with a Buy at ISI Group... Diamond Offshore (DO) initiated with a Sell at ISI Group... Dresser-Rand (DRC) initiated with a Sell at ISI Group... Dril-Quip (DRQ) initiated with a Buy at ISI Group... Ensco (ESV) initiated with a Buy at ISI Group... FIS (FIS) initiated with a Market Perform at BMO Capital... FMC Technologies (FTI) initiated with a Buy at ISI Group... GoPro (GPRO) initiated with a Sector Perform at Pacific Crest... Halliburton (HAL) initiated with a Buy at ISI Group... Helmerich & Payne (HP) initiated with a Neutral at Citigroup... Hercules Offshore (HERO) initiated with a Sell at ISI Group... Key Energy (KEG) initiated with a Buy at ISI Group... Maxwell (MXWL) reinstated with a Buy at Canaccord... Nabors Industries (NBR) initiated with a Buy at ISI Group... Noble Corp. (NE) initiated with a Buy at ISI Group... Oceaneering (OII) initiated with a Buy at ISI Group... Paragon Offshore (PGN) initiated with a Buy at ISI Group... Parker Drilling (PKD) initiated with a Buy at ISI Group... Patterson-UTI (PTEN) initiated with a Buy at Citigroup... Peabody (BTU) initiated with an Underperform at Imperial Capital... RPC, Inc. (RES) initiated with a Buy at Citigroup... Receptos (RCPT) initiated with a Buy at Goldman... Rowan Companies (RDC) initiated with a Buy at ISI Group... Schlumberger (SLB) initiated with a Buy at ISI Group... Sensata (ST) resumed with a Buy at Citigroup... Tidewater (TDW) initiated with a Hold at ISI Group... Transocean (RIG) initiated with a Sell at ISI Group... Weatherford (WFT) initiated with a Buy at ISI Group.
|07:54 EDT||FIS||FIS initiated with a Market Perform at BMO Capital|
|October 14, 2014|
|08:50 EDT||V||Visa, 3PEA International enter into prepaid card agreement|
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|October 13, 2014|
|07:19 EDT||V||AmEx, Capital One profits seen boosted by credit card 'sweet spot,' WSJ says|
Credit card players such as American Express (AXP) and Capital One (COF), as well as banks with significant card units like JPMorgan (JPM), stand to benefit from the U.S. card industry's "sweet spot" of moderate economic growth, low interest rates and consumers who are better managing payments while growing their spending, said The Wall Street Journal, which noted that consulting firm R.K. Hammer estimates U.S. card issuers' revenue will grow 9% this year to $158.6B. Other U.S. banks with credit card units include Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC) and other card companies include Visa (V) and MasterCard (MA). Reference Link