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Stock Market & Financial Investment News

News Breaks
January 31, 2014
09:40 EDTV, MA, PAYMasterCard 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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June 30, 2015
19:32 EDTMA, VMasterCard stops processing Backspace.com ad purchases, WSJ says
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June 23, 2015
07:15 EDTMAOppenheimer to hold a conference
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June 19, 2015
06:42 EDTMA, VAmEx to stop restricting merchants from favoring rivals, WSJ reports
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June 18, 2015
11:59 EDTMAMasterCard management to meet with SunTrust
Meetings to be held in Houston in June 23 and in Dallas on June 24 hosted by SunTrust.

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