debit cards

Mastercard Inc (NYSE:MA) shares are moving higher in extended trading Tuesday after the company boosted its quarterly dividend and announced a new share repurchase program. What Happened: After the market close on Tuesday, Mastercard announced its board declared a quarterly cash dividend of 76...

Mastercard Inc (NYSE:MA) adjusted its financial outlook for 2025-2027, projecting slower net revenue growth than anticipated. The new forecast estimates annual net revenue will grow in the “high-end of low-double-digits,” a noticeable deceleration compared to the high-teens growth...

Visa Inc. (NYSE:V) reported its fourth-quarter results after Tuesday's closing bell. Here's a look at the details from the report.   The Details: Visa reported quarterly earnings of $2.71 per share, which beat the analyst consensus estimate of $2.58. Quarterly revenue came in at $9.6 billion which...

Payments company Visa Inc (NYSE:V) was hit with an antitrust lawsuit by the U.S. Department of Justice (DOJ) Tuesday that analysts say could take years to sort out and will likely hurt shares in the short term. What Happened: The DOJ alleged Visa used anticompetitive practices in the debit network...

Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Visa's Bumpy Ride: One company that has been a...

Visa Inc (NYSE: V) has reportedly suspended its month-long partnership with the collapsed cryptocurrency exchange FTX (CRYPTO: FTT). What Happened: On Oct. 7, Visa and FTX partnered to offer FTX-branded Visa debit cards to customers internationally — with a focus on countries in Latin America...

Amid a bear market, one of the biggest cryptocurrency exchanges in the world, FTX, has partnered with payments giant Visa Inc (NYSE: V) to provide crypto-backed debit cards in 40 countries. The largest payments network in the world is partnering with crypto exchange FTX to roll out debit card...

Apple Inc. (NASDAQ: APPL) suddenly started showing off its new and unexpected partnership with payments giant Visa Inc. (NYSE: V). What Happened: Apple Cash virtual debit cards are seemingly switching from Discover Financial Services (NYSE: DFS) Visa, according to a...

U.S. Bancorp (NYSE: USB) faces the strong potential for upward revisions to 2021 earnings, driven by PPNR (pre-provision net revenue), apart from solid credit leverage, according to BofA Securities. The U.S. Bancorp Analyst: Erika Najarian upgraded the rating for U.S. Bancorp from Underperform to...

USAA, one of the largest domestic issuers of debit and credit cards, said it is switching to Visa Inc (NYSE: V) from Mastercard Inc (NYSE: MA) The Wall Street Journal noted that USAA's relationship with Mastercard spanned roughly 30 years and processed $26 billion of purchases last year...

More than 40 years ago, banks introduced a new way to pay for items and services without carrying cash. Instead of using a credit card (which allowed consumers to purchase items they were not yet ready to pay for), shoppers could use a debit card to instantly spend the money already sitting in...