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Visa's Web3 Play: A New Era For Customer Engagement?
Thursday, January 4, 2024 - 5:36pm | 425Payments giant Visa Inc (NYSE: V) Thursday announced the launch of its Web3 Loyalty Engagement Solution, a pioneering service designed to transform customer engagement and loyalty in the digital era. This new platform offers an innovative approach for brands to interact with their customers in...
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The Mobile Payments ETF Has Plenty Of Tailwinds
Thursday, February 28, 2019 - 10:37am | 489In the conversations about disruptive technologies and thematic investing, mobile payments has earned its place. Among the exchange traded funds investors can use to tap the rise of non-traditional payment purveyors is the ETFMG Prime Mobile Payments ETF (NYSE: IPAY). What Happened The $399 million...
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Mobile Payments To Increase Tenfold By 2021; Who Benefits?
Thursday, January 26, 2017 - 4:04pm | 442Mobile payment volume is expected to increase tenfold by 2021. While credit/debit card payments beat surpassed cash payments for the first time in history in 2016, the adoption of mobile payments has been slower than many have expected. According to a report from Statista, 35 million...
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What's Next For The Payments Industry?
Thursday, October 13, 2016 - 3:20pm | 422Money 2020, the world's largest payments and financial services innovation event, will kick off next week in Las Vegas and attracts tens of thousands of attendees — including more than one thousand CEOs from thousands of companies across 75 countries. Thomas Noyes, founder and CEO of Commerce...
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Alternative Payments Made Up Over 50% Of Consumer Purchases In The U.K. Last Year
Tuesday, August 2, 2016 - 9:35am | 330Consumers in Britain have made it clear that cash is not king. According to Finextra, UK consumers opt to reach for their credit cards or other alternative forms of payment in more than 50 percent of all transactions. Back in 2014, the market share of cash payments dipped below the 50 percent mark...
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PayPal Winning Mobile Payments, But Visa And MasterCard Still Make Good Bets
Tuesday, April 5, 2016 - 2:21pm | 496Mobile payment technology is beginning to integrate society, with more and more companies offering that option at the register and some names, like Starbucks Corporation (NASDAQ: SBUX), deriving a significant proportion of their transactions through mobile. While the mobile payment space is...
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Visa Disclosed 9.99% Stake In Square Ahead Of Mobile World Congress Event
Friday, February 12, 2016 - 9:43am | 232Shares of Square Inc (NYSE: SQ) were trading higher by around 17 percent early Friday morning. Visa Inc (NYSE: V) disclosed it bought a 9.99 percent stake in the company. Visa was an early investor in Square. A report by The New York Times noted that Visa invested in the company back in 2011...
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Credit Suisse Is Bullish On Payment Processors, Notes 'People Will Not Stop Buying Things'
Friday, December 11, 2015 - 9:55am | 584Paul Condra of Credit Suisse initiated coverage of the "Payments & Fin-Tech" space. Condra noted that a fee-per-transaction model benefits from massive volumes on a fixed-cost processing. The analyst added that simply enough, "People will not stop buying things." Paul Condra of Credit Suisse...
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Why PayPal's CEO Is 'Extremely Confident' In The Company's Business Model
Friday, September 18, 2015 - 2:34pm | 354Shares of Paypal Holdings Inc (NASDAQ: PYPL) have fallen nearly 9 percent since its IPO debut. Bryan Keane of Deutsche Bank maintained a Buy rating and $42 price target following a chat with the company's CEO Dan Schulman. According to the analyst, Schulman was "extremely confident" in the...
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Bernstein: PayPal's Potential Is 'Untapped,' Better Than Apple Pay And Google Wallet
Tuesday, June 30, 2015 - 8:51am | 404In a report published Tuesday, Bernstein analyst Carlos Kirjner discussed eBay Inc (NASDAQ: EBAY)'s PayPal, noting that "PayPal is to payments what Amazon.com is to retail or Netflix to entertainment." Kirjner noted that PayPal is successfully using both the web and mobile to...
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Barclays Calls Starbucks' Quarter 'Stunning'
Friday, April 24, 2015 - 10:58am | 357In a report published Friday, Barclays analyst Jeffrey Bernstein commented on Starbucks Corporation (NASDAQ: SBUX)'s second quarter results, which were "stunning," led by upside to comps in the core Americas and U.S. Bernstein noted that Starbucks' second quarter Americas comp...
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KBW Analysts Discuss Mobile Payments
Tuesday, April 7, 2015 - 4:01pm | 252In a report published Tuesday, Keefe, Bruyette & Woods analyst Sanjay Sakhrani discussed mobile payments following the Transact 15 (Electronic Transactions Association) conference in San Francisco. "While there is a lot of buzz around mobile payments, it remains a work in progress given the...
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Report: Apple Pay System Hit By 'Wave Of Fraudulent Transactions'
Friday, March 6, 2015 - 9:40am | 231Apple Inc.'s (NASDAQ: AAPL) new mobile-payment system has been hit with a "wave of fraudulent transactions" using credit-card data that have been stolen in recent breaches, according to the Wall Street Journal. The publication, citing sources familiar with the matter, noted that...
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JP Morgan Says Google's Mobile Payment Agreement Is 'Classic Huddle In A Storm' Scenario
Tuesday, February 24, 2015 - 11:04am | 114In a report published Tuesday, JP Morgan analyst Rod Hall commented on Google Inc's (NASDAQ: GOOG) distribution deal with T-Mobile, Verizon and AT&T to get its Google Wallet payments app pre-installed on their phones. "We believe this is a classic huddle in a storm scenario," Hall wrote. "Both...
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2014 World Payments Report - A Focus On Non-Cash Payment Systems
Wednesday, October 15, 2014 - 12:46pm | 703The recently released 2014 World Payments Report (WPR), a joint venture of CapGemini and the Royal Bank Scotland Group Plc (NYSE: RBS), "tracks the state and evolution of the global non-cash payments market." In other words, the WPR reports on the infrastructure that supports...