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Stock Market & Financial Investment News

News Breaks
March 15, 2013
08:18 EDTV, PLPMVisa announces strategic processing relationship with Planet Payment
Visa (V) recently announced the opening of the Myanmar market to ATM and POS acceptance through their licensing agreements with Co-operative Bank, Kanbawza Bank, and Myanmar Overseas Bank. This represents significant progress for Myanmar's electronic payments infrastructure as it provides the country with a platform to participate in the global financial system. By joining the Visa network, the banks agree to adopt Visa's global security standards for electronic payment. Phillip Kumnick, Visa's Head of Global Acquirer Processing, said "For the core technology and operating systems we are working with Planet Payment." As a result of the recent success in Myanmar, Visa and Planet Payment (PLPM) are working on opportunities to target the deployment of the managed service to additional developing markets in support of traditional ATM and POS acceptance as well as developing support for mobile point of sale.
News For V;PLPM From The Last 14 Days
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July 22, 2014
14:47 EDTVVisa July weekly volatility elevated into Q3 and growth outlook
Visa July weekly call option implied volatility is at 39, August is at 20, September is at 17, December is at 16; compared to its 26-week average of 22 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on July 24.
July 21, 2014
13:36 EDTVSmartMetric files patent infringement suit against Visa, MasterCard
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July 18, 2014
18:12 EDTVVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
14:25 EDTVVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
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July 17, 2014
07:37 EDTVVisa MasterCard underperformance creates buying opportunity, says Oppenheimer
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July 16, 2014
14:36 EDTVVisa launches Visa Checkout payment service
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