Latest Articles
-
Visa and MasterCard ATM Practices Come Under Scrutiny in Lawsuit
A trade group representing operators of ATMs has filed a lawsuit against Visa (NYSE:V) and MasterCard (NYSE:MA), accusing them of fixing prices and suppressing competition among ATM networks. The lawsuit was filed in federal court in Washington a...
-
Rising Debit Card Fees Could Swipe Some Value from Visa, MasterCard Stock
Visa (NYSE:V) and MasterCard (NYSE:MA) are increasing fees on small debit card transactions in response to the government’s cap on debit card fees. This is a move that ultimately hurt the companies as it may lead merchants to set a minimum ...
-
3 Growth Drivers for MasterCard
MasterCard (NYSE:MA) recently concluded its investment community meeting in which the company’s Chief Executive Ajay Banga said that the company is focused on growing its core business, diversifying its customer base and geographies, and building...
-
Visa Lifts its Mobile Game with Google Wallet Deal
Shares of Visa (NYSE:V) rose and touched a 52-week high follow the announcement that it has signed a licensing deal with Google (NASDAQ:GOOG) to include its credit and debit cards in Google’s mobile wallet application. The deal would enable...
-
Visa Urges Merchants to Adopt New Technology for Mobile Boom
Visa (NYSE:V) is urging merchants in the United States to install technology supporting chip-based and mobile transactions within two years. Chip-based cards are widely available throughout the rest of the world and considered to be more secure t...
-
MasterCard Earnings Preview: All About Transaction Volumes
MasterCard (NYSE:MA) plans to announce its second quarter results on Wednesday. In the last quarter the company reported a 15% increase in revenues and about a 10% increase in operating income compared to the year before period. In this quarter, ...
-
Visa Upside & Downside Scenarios for $86 Valuation
Visa (NYSE:V) is the largest global electronic payment solutions company in the world and makes money by providing information and resources to complete transactions between the customer, merchant and their respective banks. It collects a fee bas...
-
Visa Jumps on Fed’s Fee Caps, Upside Muted for Now
Last week, the Federal Reserve voted to cap the swipe fees at 21 cents per transaction vs. the original plan that called for a 12 cents fees cap the Fed proposed in December last year. Shares of Visa (NYSE:V) and MasterCard (NYSE:MA), the world&#...
-
MasterCard to Explore Mobile Payment Technology with ANZ
MasterCard (NYSE:MA) recently announced its partnership with ANZ Bank to allow customers to make payments using their mobile phones. The company has already started conducting trials of its PayPass contactless payment technology which will allow ...
-
Senate Rejects Delay on Swipe-Fee Cap
Shares of Visa (NYSE:V) and MasterCard (NYSE:MA) dipped last week after the Senate rejected a six month delay proposed by Visa and MasterCard on a Federal Reserve rule to cap debit card swipe-fee at 12 cents per transaction. The proposed delay fo...
-
Visa Furthers Mobile Banking Push by Acquiring Fundamo
Visa Inc. (NYSE:V) recently announced that it has agreed to acquire Fundamo, which is a leading provider of mobile services for financial institutions and mobile network providers in developing countries. According to Visa, the acquisition will h...
-
Prepaid Cards Can Help Push Transaction Volumes Higher for Visa
Card networks such as Visa (NYSE:V) and MasterCard (NYSE:MA) have witnessed lost revenues due to declining fees charged per transaction after the Fed’s proposal in December last year to limit the debit card swipe fee at 12 cents per transac...
-
The 3 Key Businesses That Make Visa Worth $86
Visa (NYSE:V) is the largest global electronic payment solutions company in the world and has the largest network of credit and debit cards in circulation. Below we look at the three key business divisions which drive Visa’s stock value. Vi...
-
2 Factors Driving Payments Volume for Visa
Visa (NYSE:V) recently reported its fiscal Q2 2011 earnings and posted net operating revenues of $2.2 billion, an increase of 14% from $1.9 billion in the same period last year. Revenue growth is primarily payment volumes, international transact...
