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Stock Market & Financial Investment News

News Breaks
April 1, 2014
08:33 EDTV, FISFIS 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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March 1, 2015
16:46 EDTVVisa to support consumer payments with Samsung Pay
Visa (V) announced it is supporting consumer payments with the new Samsung (SSNLF) Galaxy S6. Eligible consumers in the U.S. will be able to make secure Visa payments with Samsung Pay, Samsung’s new payment service scheduled to launch this summer.
February 27, 2015
12:01 EDTVVisa to acquire TrialPay, terms not disclosed
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February 26, 2015
06:46 EDTVDeutsche sees American Express as undervalued, upgrades to Buy
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February 24, 2015
06:39 EDTVVisa Europe announces 'tokenisation service'
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February 20, 2015
06:49 EDTVVisa shifting to local payment systems in Russia, WSJ says
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February 19, 2015
12:45 EDTVOn The Fly: Midday Wrap
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12:09 EDTVAmerican Express confirms intent to appeal federal court ruling
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11:00 EDTVAmerican Express plans to appeal antitrust ruling, CNBC reports
American Express stated to CNBC that the company is "disappointed" with a court decision in an antitrust matter and plans to file an appeal. "The court's ruling will not provide any benefit to consumers and will, in fact, harm competition by further entrenching the two dominant networks. We continue to believe that the Department of Justice's arguments are flawed and believe we should prevail on appeal," American Express stated. Reference Link
08:04 EDTVVisa to extend Visa Checkout service, totaling 16 markets by late 2015
Visa announced that Visa Checkout will become available in a total of 16 markets in 2015. Currently, consumers from 10 countries can sign up for Visa Checkout. By the end of 2015 Visa Checkout will be available in the following 16 markets: U.S., Australia, and Canada, Argentina, Brazil, Chile, China, Colombia, Hong Kong, Peru, Malaysia, Mexico, New Zealand, Singapore, South Africa and United Arab Emirates. Consumers in newly-enabled markets will first be able to use Visa Checkout to buy from merchants in the U.S., Australia and Canada that accept Visa Checkout and ship internationally. As the rollout continues, select markets will begin to incorporate issuer, merchant, acquirer, and channel partnerships to support local commerce with Visa Checkout. Visa will also launch localized Visa Checkout websites for many of these markets.
February 17, 2015
17:29 EDTVBerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
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07:22 EDTVMitsubishi UFJ to hold a tour
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February 16, 2015
17:24 EDTFISFIS, Oracle among those exploring Monitise bid, Sky News reports
FIS (FIS) is among the U.S. companies considering a takeover bid for Monitise, the UK mobile banking software manufacturer which put itself up for sale last month, Mark Kleinman of Sky News reports. Other possible bidders include Oracle (ORCL) and IBM (IBM), Kleinman added. He pointed out that all of the takeover discussions are said to be at an early stage. Reference Link

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