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With the growing adoption of electronic payments in emerging markets, global issuance of payment cards is projected to grow 36% to 18.3 billion during 2011-2016.
Both of these are seen by most as just different credit card companies, even though they have two different business models. Which makes for a better investment now?
This fintech leader still has a long runway of growth ahead of it while holding a competitive advantage over would-be rivals -- exactly the type of stock you should want compounding in a retirement account.
NCR completes the pending acquisition of payment processor JetPay in a bid to provide its enterprise point-of-sale (POS) customers with cloud-based payments platform.
Along with the big discounts, the convenience of mobile e-commerce is making it an unstoppable trend. The simple answer is that while Amazon doesn’t need PayPal, everyone else does. PayPal is thriving because companies are clamoring for a neutral, trusted digital intermediary for payments, and its platform of 254 million active accounts drives higher sales.
See who joins Amazon, Ulta Beauty, Lululemon, Atlassian, Monster Beverage, and Splunk on this list of the fastest-growing large-cap stocks.
A trade in Herbalife stock shows how swing trading can stay nimble early in a potential uptrend but quickly act if a stock market correction takes hold.
PayPal (PYPL) had offered to acquire iZettle, which sells payment card readers, in May for $2.2 billion. It was a strategic acquisition from PayPal, as iZettle would have provided an entry point into offline transactions.
Walmart Inc. and Target Corp. want the Federal Reserve to help them get paid in real time. The retail giants are among the companies urging the Fed to develop a service to settle interbank transfers in real time, 24 hours a day, seven days a week. Such a service could ultimately eliminate the lag between when consumers use debit cards to pay for items and stores receive the funds.
Ant Financial is World’s Largest Fintech Company, Alibaba Owns 1/3 Stake By John Jannarone Chinese fintech firm Ant Financial has agreed to buy $100 million of shares in Brazilian digital-payments company StoneCo (ticker: STNE), adding to a list of high-profile buyers that have taken interest in the IPO slated to price this week at a […]