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News Breaks
May 16, 2014
10:52 EDTMA, V, SMMESmartMetric to have $13.4B case against Visa, Mastercard heard by August
SmartMetric (SMME) says "The Federal Circuit Court has received all briefs and motions from both SmartMetric and the Defendants, Visa (V) and MasterCard (MA). With the matter officially before the court and all filings now completed and accepted by the Court, we are now just waiting for a hearing scheduling date from the Court. SmartMetric is claiming $13.4B in damages and a pre-paid patent license fee from the card companies. It has been indicated that we can expect advisement from the Court on the scheduled hearing date by the end of May, which would most likely see our case against Visa and MasterCard being heard in either late July or early August. This is an indication only and the company is awaiting the calendar scheduling by the Court. Upon the Court advising the company of the scheduled hearing date the company will immediately advise the market and shareholders, many of whom are eagerly following the case of patent infringement SmartMetric has brought against both Visa and MasterCard. It has been a long journey spanning a number of years but we are pleased to see matters coming to a head in the Court and are excited concerning the prospective outcome."
News For SMME;V;MA From The Last 14 Days
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November 24, 2015
12:45 EDTVSwatch signs deal with Visa on payment watch, Reuters reports
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November 23, 2015
09:00 EDTVChase Visa cardholders can now use Samsung Pay
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November 19, 2015
08:09 EDTMAStonegate Bank, MasterCard enable U.S.-issued debit cards for use in Cuba
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07:26 EDTVBottomline Technologies affiliation with Visa should open doors, says Stephens
Stephens analyst Brett Huff does not believe Paymode's new partnership with Visa (V) will lead to material revenue for Bottomline Technologies (EPAY) in the near-term, but he does think the affiliation should open doors at bank channel partner and payor prospects and provide more growth opportunities for Paymode over time. Huff keeps an Overweight rating and $31 price target on Bottomline shares.
November 18, 2015
11:00 EDTMA, VTarget sees industry's move to EMV restoring confidence to U.S. payment system
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07:49 EDTVBottomline Technologies announces strategic alliance with Visa
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November 16, 2015
06:35 EDTMAMasterCard eyes double-digit growth in China, Reuters reports
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