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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.
PayPal Holdings, Inc.
American Express Company
Global Payments Inc.
FLEETCOR Technologies, Inc.
Jack Henry & Associates, Inc.
Euronet Worldwide, Inc.
ACI Worldwide, Inc.
Green Dot Corporation
Net 1 UEPS Technologies, Inc.
VeriFone Systems, Inc.
Palantir is set to go public. But what is the company, and how does it use huge amounts of data to predict crime? We explain.
Right now, several exceptionally hot high-growth stocks with valuations ranging from mid cap to large cap look to have all the tools necessary to clear a $100 billion market cap within the next decade. Call this one a bit of a "gimme" because it's already halfway there, but fintech stock Square (NYSE: SQ) and its $50-billion-plus market cap look destined to become megacap material ($100 billion valuation) within the next couple of years.
More and more Cash App users are relying on Square's (NYSE: SQ) app for their banking needs. Direct deposit accounts surged in April after Square made efforts to make the feature more available to users ahead of tax refund season. The CARES Act stimulus provided an even bigger boost to Square's latest Cash App focus.
As the global economy tries to mount a recovery from the adverse effects created by the coronavirus pandemic, now might be a good time to take a moment to consider the "great redundancy crisis." Mobility has matured, cloud computing services are prolific, and cybersecurity support for a dispersed workforce has advanced considerably.
Mastercard Expands ShopOpenings.com to the U.S. & Canada, Delivering a Search Tool That Identifies What Stores Near You Are Open for Business
Square will release financial results for the second quarter of 2020 on August 5, 2020, after market close. Square will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. The live webcast of the call can be accessed from Square’s Investor Relations website at square.com/investors. A replay will be available at the same website following the call.
Investors need to pay close attention to PayPal (PYPL) stock based on the movements in the options market lately.
Square (SQ) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.
You may already be using TE Connectivity (NYSE: TEL), Conagra (NYSE: CAG), and Fiserv (NASDAQ: FISV) every day, so why not invest in them? Chances are, if you drive a car or own a household appliance, you benefit from the technology of TE Connectivity.
Payment processing giant Visa (NYSE: V) has grown into a mega cap stock in just a little over a decade as a publicly traded company, with a market capitalization of about $420 billion as of this writing. Since going public in 2008, Visa's stock price has increased by nearly 1,300% thanks to the gradual transition away from cash payments around the world, the surge in cross-border payment transactions, and smart expense management by the company. Another 140% gain would catapult Visa into the trillion-dollar club, and if the company's past performance is any indicator, such a move would certainly be possible.
E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital channels and cards. Today, American Express, Discover, Mastercard and Visa announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout – based on the EMV® Secure Remote Commerce industry standard – in additional geographies including Australia, Brazil, Canada, Hong Kong, Ireland, Kuwait, Malaysia, Mexico, New Zealand, Qatar, Saudi Arabia, Singapore, United Arab Emirates and the United Kingdom, with others to follow.
MasterCard (MA) closed the most recent trading day at $299.91, moving -1.85% from the previous trading session.
Visa (V) closed the most recent trading day at $194.20, moving -1.8% from the previous trading session.
Visa Inc. (NYSE: V) will report its fiscal third quarter 2020 financial results on Tuesday, July 28, 2020. The results, along with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website.
MasterCard (MA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
The stock market gave back some of Monday's gains on Tuesday, but if you looked at a quote of Square's (NYSE: SQ) stock price, you'd never know it. Square has done an excellent job of helping its merchants build out things like curbside service and online stores, and the company recently rolled out on-demand delivery service to Square Online Store sellers.
Shares of electronic payment company Square (NYSE: SQ) jumped 29.4% in June, according to data provided by S&P Global Market Intelligence, as e-commerce stocks rose sharply. Square got two big analyst upgrades from Barclays and Rosenblatt, which see the company's payment platform and peer-to-peer payment apps driving growth in the long term.
Surge in online payments amid the pandemic situation is likely to have boosted businesses for the payment stocks.
Here we present five technology stocks poised to benefit from the growing adoption of digital payment solution especially amid coronavirus outbreak such as FB, AMZN & others.
Shares of PayPal (NASDAQ: PYPL) rose 12.4% in June, according to data provided by S&P Global Market Intelligence. PayPal's shares have already gone up 57.3% year to date, and have been hitting new all-time highs this year. On the operational front, a record 10 million net new active accounts were added in the first quarter, while 7.4 million were added in April alone, representing a 135% year-over-year jump.
FinVolution (FINV) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
Mastercard today announced a new partnership agreement with tonik, a two-year-old startup which recently received a bank license in the Philippines. Through this partnership, Mastercard will further enhance tonik's market proposition by enabling the latter to issue a range of electronic payments products that taps into Mastercard's global network and extensive business intelligence when tonik launches operationally later this year.