New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 19, 2014
09:34 EDTMAMasterCard says U.S. business better now than Q1
Says Europe's transaction numbers are "very attractive" and Europe is looking "okay" in spending. Says the company's Latin American is beginning to stabilize. Says China is clearly slow at the moment in spending. Says rest of Asia is "bouncing along," and that in a broad perspective, the entire company is in a "decent" phase of consumer spending. Says Russian sanctions impact a small portion of domestic revenue in the country. Says U.S. debit hasn't rebounded as much as credit. Says noticed more younger people paying with debit, and banks want more people to use credit. Says commercial credit and consumer credit in U.S. is doing well. Says it is a little higher than what the company say in Q1. Says Nordic countries and Korea are the countries that pay mostly via electronically. Comments made during the JPMorgan Global Technology, Media and Telecom conference
News For MA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information
March 25, 2015
07:28 EDTMAVisa MasterCard should be bought on any weakness caused by currency, says Stifel
Subscribe for More Information
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
Subscribe for More Information
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
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use