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Stock Market & Financial Investment News

News Breaks
January 31, 2014
09:40 EDTPAY, V, MAMasterCard CEO sees migration to EMV card standard as 'necessary and critical'
MasterCard (MA) CEO Ajaypal Banga said that card security is what consumers "expect and deserve" and that a move to a new standard of EMV chip cards in the U.S. would make stealing data more difficult and would make the value of stolen data less valuable as well. Note that Visa (V) executives said on their earnings call yesterday that it is "very important" for U.S. industry to move toward new safeguards including EMV chips. Analysts have previously contended that a move to a chip card standard in the U.S. would be a positive for VeriFone (PAY), as terminals would need to be upgraded.
News For PAY;MA;V From The Last 14 Days
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March 30, 2015
13:38 EDTVVodafone to enable NFC payments using Visa cards, NFC World says
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08:48 EDTV, MAJPMorgan financial services analysts hold an analyst/industry conference call
Analysts discuss MasterCard/Visa on an Analyst/Industry conference call to be held on March 30 at 10 am.
08:08 EDTPAYVerifone says launching new cloud POS solution for SMBs
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08:05 EDTPAYVerifone, Heartland Payment renew alliance, announce EMV, encryption initiative
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March 27, 2015
11:02 EDTMA, VVisa 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 EDTV, MASmartMetric wins $3M fee dispute with Visa, MasterCard
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March 25, 2015
09:35 EDTVActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL TWTR TSLA KRFT FB BIDU GPRO V GILD NFLX
07:28 EDTV, MAVisa MasterCard should be bought on any weakness caused by currency, says Stifel
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March 24, 2015
10:01 EDTPAYOn The Fly: Analyst Initiation Summary
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07:27 EDTMATelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
06:18 EDTPAYVerifone initiated with an Outperform at BMO Capital
Target $42.
March 23, 2015
07:20 EDTV, PAY, MABarclays to hold a forum
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