Data Processing & Outsourced Services

Corpay, Inc. (NYSE: CPAY) and Mastercard Inc. (NYSE: MA) said on Monday they are expanding their partnership to allow companies, small businesses and financial institutions to send near real-time payments to 22 additional markets across Asia, Europe, the Middle East, Africa and Latin America. The...

There aren't many deals to consider for further value in the technology sector. However, one stock is looking to change that narrative by delivering on previous promises. Shares of PayPal Holdings Inc. (NASDAQ: PYPL) have recently made a new 52-week high, now trading near $80 a...

Goldman Sachs analyst raised the price target for Mastercard Inc (NYSE: MA) to $482 (from $433) and maintained a Buy rating. The analyst expects a mixed outlook for overall credit card spending and anticipates card volume growth to decelerate globally and domestically by ~70bps...

Mastercard Incorporated (NYSE: MA) on Tuesday said that U.S. retail sales excluding automotive increased +3.1% year-over-year this holiday season. According to preliminary insights from Mastercard SpendingPulse, online retail sales increased 6.3% year-over-year, while in-store sales were...

Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) are under scrutiny by U.K. regulators contemplating a cap on some fees charged to local merchants per card transaction.  This regulatory consideration aims to control the costs that have significantly increased since...

Yesterday, Mastercard Inc (NYSE: MA) disclosed a dividend increase and a new share repurchase program. The company raised its quarterly cash dividend per share by 16% to $0.66 from $0.57 earlier.  The dividend is payable on February 9, 2024, to shareholders of record as of...

Mastercard Inc (NYSE: MA) is reportedly partnering with Feedzai, a regulatory technology platform, to combat money laundering and financial scams online using artificial intelligence. As per the deal, Feedzai will integrate with Mastercard's CipherTrace Armade platform to help banks...

Mastercard Incorporated's (NYSE: MA) senior executive reportedly slammed the usage of central bank digital currencies, claiming there isn't enough reason for the widespread use of them right now. Ashok Venkateswaran, Mastercard's blockchain and digital assets lead for Asia-...

Worldline's warning of a "macroeconomic deterioration" in core geographies like Germany hurts the entire FinTech sector pre-market, Mizuho analyst Dan Dolev noted. Key stocks like Affirm Holdings, Inc (NASDAQ: AFRM) (Buy rating, price target $24),...

Mastercard Inc (NYSE: MA) shares are trading lower after the company reported Q3 FY23 results. Net revenues stood at $6.53 billion, up 14% Y/Y and 11% Y/Y on a neutral currency basis, beating the consensus of $6.52 billion. Payment network net revenue rose 12% Y/Y (+10% Y/Y on a currency-...

JP Morgan Chase & Co. (NYSE: JPM) said its Pay-by-bank solution, which leverages Mastercard Incorporated's (NYSE: MA) open banking technology, is now available in the U.S. for billers for a variety of recurring payments, including rent, utilities, healthcare and more. Verizon...

Seaport analyst Jeff Cantwell initiated coverage Thursday of the fintech sector, including BILL Holdings, Inc (NYSE: BILL), Fiserv, Inc (NYSE: FI), Fidelity National Information Services, Inc (NYSE: FIS), Flywire Corp (NASDAQ: FLYW), ...

Mastercard Inc's (NYSE: MA) CFO, Sachin Mehra, recently expressed mixed feelings about India's Unified Payments Interface (UPI), a system that has revolutionized digital transactions in the country.  While acknowledging its role in promoting digital transactions,...

Mastercard Incorporated (NYSE: MA) entered a memorandum of understanding with the UAE's Artificial Intelligence, Digital Economy, and Remote Work Applications Office. The signing of this partnership comes as Mastercard unveiled its latest global Center for Advanced AI and Cyber...

Wall Street Journal Struggling Office Landlord's Journey From $47B Valuation To Possible Bankruptcy: WeWork On Brink Of Collapse Wall Street firms, including BlackRock Inc (NYSE: BLK), King Street Capital, and Brigade Capital, who previously lent hundreds of millions to...