I've recently covered Mastercard (NYSE: MA ). I apologise to investors who are unacquainted with the business. I wouldn't like to prolong this coverage by repetitively introducing MA. Please refer to my previous article, when I presented a bullish case forWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I ...

Mastercard Incorporated (MA) recently teamed up with the urban rail transit system of Beijing and made an announcement that international visitors can now use Tap & Go payments at all urban rail transit stations of China's capital with overseas-issued Mastercard cards. The facility was made available for the targeted individuals from Friday. This Tap & Go service enables inbound travelers to easily access more than 10,000 gates across around 490 urban rail transit stations in Beijing without needing cash or ...

Mastercard Incorporated MA shares are trading higher today. On Thursday, the company announced that it would acquire Recorded Future for $2.65 billion, enhancing cybersecurity services with real-time threat intelligence.This acquisition enhances Mastercard's cybersecurity services, strengthening the insights and intelligence crucial for securing the digital economy, including the payments ecosystem.J.P.Morgan analyst Tien-tsin Huang writes that they see the acquisition as a positive development and note the ...

Mastercard Incorporated (MA) recently agreed to acquire Recorded Future, a leading global threat intelligence company, for $2.65 billion. This acquisition is aimed at enhancing Mastercard's cybersecurity capabilities to protect the payments system and provide a more comprehensive cyber defense for its clients.By integrating Recorded Future’s AI-powered threat intelligence and analytics, Mastercard plans to strengthen its ability to prevent cyber threats, fraud and data breaches, both in payments and across ...

Key TakeawaysMastercard acquired global threat intelligence company Recorded Future.The credit card provider is buying Recorded Future from private equity firm Insight Partners for $2.65 billion.Mastercard said that both companies use artificial intelligence to analyze data to seek out potential cyber threats. Mastercard (MA) moved to boost its cybersecurity infrastructure by purchasing global threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion. The credit ...

Mastercard is spending $2.65 billion to acquire threat intelligence company Recorded Future.The deal, announced Thursday (Sept. 12), “bolsters the insights and intelligence used to secure today’s digital economy – in the payments ecosystem and beyond,” Mastercard said.A company news release describes Recorded Future as “the world’s largest threat intelligence company,” becoming part of Mastercard at a time when cybercrime has ballooned to a $9.2 trillion global problem.“Trust is the foundation of any relati ...

Mastercard Incorporated (MA) recently expanded its partnership with Enfuce, an issuer processing powerhouse, with the launch of E2 cards in Germany, France and the UK. This E2 card is expected to impart benefits to both card issuers and customers by combining the benefits of debit and credit cards into a single card.With this partnership, MA will be aiding Enfuce to roll out E2 cards across Europe after its success in the Nordics. This card provides cardholders the flexibility to switch from one card to ano ...

Mastercard Incorporated (NYSE:MA) Present at Goldman Sachs Communacopia + Technology Conference September 9, 2024 6:05 PM ET Company Participants Michael Miebach - Chief Executive Officer Conference Call Participants Will Nance - Goldman Sachs Will Nance All right, guys, we're getting started. My name is Will Nance. I cover payments and fintech here at Goldman. We're delighted to have Michael from Mastercard today. Michael was a last-minute addition to the schedule. We're obviously pleased to have him. Sad ...

Mastercard Incorporated (MA) stock gained 11.6% in the year-to-date period compared with the industry’s 7.3% rise and the broader sector’s rally of 7.5%. However, it underperformed the S&P 500 Index’s rise of 13.3%. MA is trading above its 50-day and 200-day moving averages, indicating solid upward momentum.The company’s increasing cross-border volumes, coupled with resilient consumer spending and diversification with value-added services, have been supporting the stock. Strong purchase volume growth in Eur ...

Saudi financial services startup barq will leverage Mastercard Gateway technology to expand the range of payment acceptance solutions it offers to merchants and consumers.The startup’s partnership with Mastercard will enable it to deliver additional offerings to Saudi businesses, citizens and residents who are increasingly looking for cross-border services and remittance solutions, the companies said in a Friday (Sept. 6) press release.Mastercard Gateway delivers payment processing and fraud prevention tech ...