Payments industry titans American Express, MasterCard and Visa are taking a break from fighting each other and teaming up to create a new global standard in security which will bolster growth for these companies and keep future competitors at bay.
Global payment leader is feel pressure from previously enacted price reductions
Despite the strides China's economy has made in recent years, use of the country's yuan currency remains low. The yuan ranked 12th among global currencies, accounting for less than 1% of world payments for the month of August, the most recent data available.
On the PayPal Forward blog. Brian Bieron, Executive Director, Global Public Policy, for eBay posts an article about payments regulation in the 21st century - saying that "PayPal is stepping forward to meet this challenge by beginning...Show More Summary
Who will win in the future of global payments: Visa, MasterCard, Discover, or American Express?
ByAbba's Aces: Visa (V) is a global payments and technology company that connects consumers, financial institutions, and merchants. On July 24, 2013, the company reported fiscal third quarter earnings of $1.88 per share which beat the consensus of analyst estimates by $0.07. Show More Summary
Patrick Collison, the co-founder of the popular online payments startup Stripe is only 25, but he is no stranger to the journey that entrepreneurs in Europe take when they start a company in Europe and have ambitions to take it global. Show More Summary
Global Payments executives: Earlier this week, J Gerald Wilkins, a Director at Global Payments Inc (NYSE:GPN), reported the purchase of 2,500 company shares at the U.S. Securities and Exchange Commission. The acquisition took place last Friday, at a price of $56.7484 per share, totaling a transaction for $141,871. Show More Summary
By Bram de Haas: eBay Inc (EBAY) owns the payment processor PayPal. Currently PayPal is the leading e-wallet with 137 million active accounts in 193 markets and 26 currencies around the world. PayPal enables global commerce, processing almost 8 million payments every day. Show More Summary
By AppHead: eBay Inc. (EBAY) announced two weeks ago that it had agreed to acquire Braintree, the innovative global payment platform powering the next generation of leading online and mobile-first startups, for total consideration of approximately $800 million in cash. Show More Summary
By Markus Aarnio: In this article, I will feature one business services company that has seen intensive insider selling during the last 30 days. Intensive insider selling can be defined by the following three criteria: The stock wasShow More Summary
DataCash, global payments services provider, has announced that its fraud management solution (GateKeeper 2.0) will be the first of its kind to integrate MasterCard's Lost-Stolen Account List API. The MasterCard API cross-references over 30 million lost and stolen cards globally. Show More Summary
ByMartin Vlcek: When I analyzed Global Payments, Inc. (GPN) two months ago, I came to the conclusion that it was undervalued, had very strong growth prospects and a top-three global market position in the global payments industry. On...Show More Summary
If the debt ceiling isn’t raised, a Goldman Sachs paper argues that the Treasury could probably prioritize debt payments and avoid default. Krugman is not reassured: They don’t sound too confident. But even if they’re right, the government would still go into arrears on many other payments, from contractor bills to medical bills. And it would be forced […]
Carey Kolaja, VP of Global Product Solutions at PayPal, says Samsung has turned to PayPal to simplify the mobile payments process for its global army of mobile device owners. With that revelation, PayPal is now officially a payment option across the Samsung ecosystem. “From enabling consumers to pay for their favorite apps, e-books and more […]
Global Payments (GPN) Q1 2014 Earnings Call October 01, 2013 5:00 pm ET Executives Jane M. Forbes - Vice President of Investor Relations Paul R. Garcia - Chairman and Chief Executive Officer Jeffrey S. Sloan - President David E. Mangum...Show More Summary
Visa, MasterCard and American Express have announced a proposed framework for a new global standard to enhance the security of digital payments and simplify the purchasing experience when shopping on a mobile phone, tablet, personal computer or other smart device. Show More Summary
The rumor mill called this one correctly. As sources foreshadowed in recent days, eBay announced today that it has agreed to acquire Braintree, a fast-growing and well-respected global payment platform. The deal is worth a reported $800 million in cash. “Braintree is a perfect fit with PayPal,” said eBay President and CEO John Donahoe in […]
eBay has announced an agreement to buy global payment platform Braintree for $800 million The company will be integrated into eBay's PayPal unit "Braintree is a perfect fit with PayPal,” said eBay President and CEO John Donahoe in a press release announcing the deal. Show More Summary
Dec. 4 - 5, 2013 Redwood City, CA Early Bird Tickets on Sale Yesterday PayPal became available to Russian users for domestic operations with the ruble as its 26th currency. The international payment company started serving Russian users in 2006. …