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Visa Offers $100 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report
Wednesday, April 2, 2025 - 5:08am | 752Visa Inc. (NYSE:V) has reportedly proposed a $100 million payment to Apple Inc. (NASDAQ:AAPL) to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. (NYSE:GS...
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Tesla, Google Parent Alphabet, Lockheed Martin, Visa, UPS: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, July 23, 2024 - 11:11pm | 669Major U.S. indices closed lower, influenced by earnings reports from Tesla, Alphabet, and other companies. The Dow Jones Industrial Average fell by 0.1% to 40,358.09, the S&P 500 dropped 0.2% to 5,555.74, and the Nasdaq edged down 0.06% to 17,997.35. These are the top stocks that gained the...
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Visa Allows Payments To Be Settled With Crypto Using Ethereum Network
Monday, March 29, 2021 - 8:10am | 402What Happened: Visa Inc (NYSE: V) has launched a pilot program to allow transactions to be settled via cryptocurrencies on its payments network, Reuters has reported. Transactions on the network will be settled via the stablecoin cryptocurrency USD Coin (USDC), whose value is...
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What Plaid's $5.3 Billion Acquisition Means For The Future Of Fintech And Open Banking
Friday, February 21, 2020 - 10:07am | 1290The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Announced last month, the Visa Inc. (NYSE: V) buyout of API fintech Plaid is historic. Not only for the fact that the $5.3 Billion deal is...
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Mastercard Gets Approval To Enter China Payments Market
Wednesday, February 12, 2020 - 6:20am | 499Mastercard Inc. (NYSE: MA) has won the approval of the People’s Bank of China (PBOC) to start a bank card clearing business in China. What Happened Mastercard has secured the “in-principle” approval of the PBOC to begin operations in China’s electronic payments services...
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A Brewing Battle: Apple Pay Vs. MCX CurrentC
Monday, October 27, 2014 - 2:41pm | 669News broke over the weekend that Rite Aid Corporation (NYSE: RAD) and CVS Corporation (NYSE: CVS) had disabled Apple Inc.’s (NASDAQ: AAPL) Apple Pay mobile wallet payment system in their stores. The story behind the story told of a mobile payment battle involving Apple, a number of...
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Court Rules in Favor of Retailers on Debit Card Fee Cap
Thursday, August 1, 2013 - 11:03am | 574In a ruling viewed as a major victory for retailers, U.S. District Judge Richard Leon on Wednesday overturned a Federal Reserve rule placing a cap on debit card fees banks collect from merchants, according to The Washington Post. Retailers had complained that the Federal Reserve had set the cap...
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These Companies are Hoping for NHL and NBA Playoff Drama This Year
Wednesday, May 8, 2013 - 9:19am | 646In the expensive, high stakes world of sports advertising, winning is not everything. It’s something – just not everything. Brand exposure is everything. Since most corporations sponsor the event, not specific teams, they don’t really care who wins. They care whether fans are engaged, tuning in...
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Are Banks Doomed Now That Google Has Invested in Peer-to-Peer Lending?
Friday, May 3, 2013 - 11:17am | 585Should banks be nervous? Not yet, but they should be paying attention to the fact that search giant, Google Inc. (NASDAQ: GOOG), along with existing investor, Foundation Capital, just plunked down a $125 million investment in peer-to-peer lending platform, Lending Club. Peer-to-peer lending,...
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Wedbush Raises PT On Visa To $80
Thursday, June 30, 2011 - 6:52am | 26Wedbush Securities has raised the price target on Visa (NYSE: V) from $73 to $80 and maintains its Neutral rating.
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Jefferies Initiates Coverage On Visa With Buy Rating
Tuesday, June 28, 2011 - 7:40am | 73According to Jefferies, Visa (NYSE: V) coverage is initiated with a Buy Rating. Jefferies said that it believes V's core position in the payments value-chain remains safe for the foreseeable future. “Our $95 price target is based on a blend of 16x our C12 EPS estimate of $5.98 and our DCF model....
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Jefferies Initiates Visa At Buy, $95 PT
Tuesday, June 28, 2011 - 6:41am | 24Jefferies & Company has initiated coverage on Visa (NYSE: V) with a Buy rating and $95 price target.
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Keefe, Bruyette & Woods Maintains Rating, PT On V
Friday, May 6, 2011 - 8:26am | 36Keefe, Bruyette & Woodsis maintaining its Outperform rating and $98 price target on Visa (NYSE: V) based on C1Q11 results and corresponding changes to estimates. V closed at $78.70 yesterday.
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Goldman Sachs' SpendTrend Highlights March Numbers In Transaction Processing
Tuesday, April 12, 2011 - 8:47am | 140Goldman Sachs has released its SpendTrend rrport for March, showcasing trends in the transaction processing industry. The report shows strength within the industry as consumer spending increased and fuel prices rose. The report also highlights five stocks within the industry. Goldman Sachs...
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How To Pick The Best Stocks (V) (NFLX) (COST) (GGG)
Friday, March 12, 2010 - 2:25pm | 164The Motley Fool's Anand Chokkavelu wrote an article about how to choose the best stocks. He said the two most important factors in picking the best stocks were to know how great a company is and how much the market is charging for that greatness. Chokkavelu said that one of the biggest mistakes...