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Stock Market & Financial Investment News

News Breaks
February 26, 2013
05:31 EDTVIP, MAMasterCard, VimpelCom partner to offer mobile payment solutions
At Mobile World Congress, MasterCard (MA) and VimpelCom (VIP) announced a strategic partnership combining MasterCard's mobile payments technology and solutions with VimpelCom's telecommunications services. The partnership will provide payment solutions to a new generation of customers, both banked and underserved, to VimpelCom's 212M customers in 18 countries. While key markets have been identified for the roll out of mobile money services, a prepaid program in Italy for Wind Italy's customers, in partnership with CartaLIS. Italy will be the first program to launch in 2013. Further country and market deployments will leverage the full range of both companies' complementary solution suites. MasterCard and VimpelCom will bring secure and flexible solutions that answer consumers and merchants' payment needs wherever they are in the world.
News For MA;VIP From The Last 14 Days
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March 27, 2015
11:02 EDTMAVisa to miss Russian payment system deadline, CNBC reports
Visa (V) will need one to two months to move its credit card transaction processing in Russia to a local payment system, but MasterCard (MA) will make the April 1 deadline, according to CNBC. Russia ordered foreign card companies to move their transaction processing in Russia to a new local payment system after Russia was sanctioned due to its role in the Ukraine crisis. Reference Link
March 26, 2015
13:03 EDTMASmartMetric wins $3M fee dispute with Visa, MasterCard
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March 25, 2015
07:28 EDTMAVisa MasterCard should be bought on any weakness caused by currency, says Stifel
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March 24, 2015
07:27 EDTMATelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 23, 2015
07:20 EDTMABarclays to hold a forum
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March 16, 2015
10:50 EDTMAMasterCard, Itau Unitbanco announce new 20-year agreement
Itaś (ITUB) and MasterCard (MA) announced today the signing of a new 20-year agreement that further strengthens the long-term relationship between the two companies. As part of the agreement, Itaś and MasterCard will establish and operate a new electronic payments network in Brazil. In addition, Itaś will issue payment solutions including credit, debit and pre-paid cards as part of the newly created payments network and focus on enhancing the efficiency of their payment value chain. MasterCard will be responsible for managing the operations of the new network and transaction routing.
07:10 EDTMAWEX Inc. to receive MasterCard issuing license in Australia
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