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Mastercard (MA) and MTA Upgrade Medical Tourism Payments
ZACKS· 2024-07-11 18:51
Mastercard Incorporated (MA) recently teamed up with the Medical Tourism Association (“MTA”) in a bid to upgrade the global healthcare experience for medical tourists and enable secure and rapid cross-border payments to healthcare providers. All this will be made possible by leveraging MA’s commercial virtual card technology. The initial launch of the new payment capabilities will be made by the partners with select healthcare providers globally, with plans to expand the reach to more providers by 2024-end. ...
Mastercard (MA) Expands UAE Reach With Strategic Partnerships
ZACKS· 2024-07-10 18:00
Mastercard Incorporated (MA) recently undertook a series of partnerships aiming to further boost its footprint in the UAE. The first move entails strengthening MA’s ties with one of the largest alliances of independent hotel brands globally, Global Hotel Alliance (“GHA”). GHA represents a group of 40 brands with over 800 hotels in 100 countries.The partners have entered into a multimarket deal to unveil a co-branded card that promises to offer personalized travel benefits and lucrative rewards to affluent c ...
Datapro and Mastercard join forces to expand opportunities for cross-border payments in Latin America
Newsfilter· 2024-07-10 14:15
MIAMI, July 10, 2024 (GLOBE NEWSWIRE) -- Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro's customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences. Increasingly, consumers are looking for w ...
Datapro and Mastercard join forces to expand opportunities for cross-border payments in Latin America
GlobeNewswire News Room· 2024-07-10 14:15
MIAMI, July 10, 2024 (GLOBE NEWSWIRE) -- Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences. Increasingly, consumers are looking for w ...
Mastercard: Underperformance Breeds Opportunity
Seeking Alpha· 2024-07-09 23:13
LeventKonuk Mastercard Incorporated (NYSE:MA) has proven to be a clear and sustained beneficiary of the pandemic, as that difficult period of time helped to increase credit card adoption. MA benefits both from the secular trend of cashless transactions, and taking market share within the sector from leader Visa (V). The company has a reasonably leveraged balance sheet and a generous shareholder return program. The stock is not exactly “dirt cheap” at current valuations, but its recent period of relative ...
MasterCard (MA) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-07-08 22:56
The latest trading session saw MasterCard (MA) ending at $446.24, denoting a -0.72% adjustment from its last day's close. This change lagged the S&P 500's daily gain of 0.1%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq added 0.28%.Prior to today's trading, shares of the processor of debit and credit card payments had lost 0.07% over the past month. This has lagged the Business Services sector's gain of 2.1% and the S&P 500's gain of 4.08% in that time.Market participants will be closely follo ...
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
PYMNTS.com· 2024-07-02 08:00
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard and millions of merchants has posted her 88-page opinion.The opinion comes almost a week after U.S, District Judge Margo K. Brodie indicated she would not approve a previous settlement negotiated in late March.The general gist of the opinion is that Brodie was “not likely to approve the proposed settlement” be ...
2 Warren Buffett Stocks to Buy Hand Over Fist This Month
The Motley Fool· 2024-07-01 08:09
Warren Buffett continues to bet big on these stocks. Many smart investors are joining him.Warren Buffett is one of the best investors of all time. You can track which stocks Buffett is buying by reviewing the portfolio of his holding company, Berkshire Hathaway (BRK.A -0.45%) (BRK.B -0.28%).Right now, he's betting billions of dollars on two stocks with very similar business models. If you want to bet on Buffett, these two stocks are for you. Warren Buffett loves this kind of businessBuffett has a very speci ...
Judge Says Mastercard/Visa $30 Billion Settlement Is Unfair
PYMNTS.com· 2024-06-30 19:47
Last week, a federal judge rejected Visa and Mastercard’s $30 billion settlement with merchants.Now, new court filings provide more detail about U.S. District Judge Margo Brodie’s rejection of the deal in the decades-old litigation between the two payments giants and retailers over credit card “swipe fees.”As Bloomberg News reported Friday (June 28), court documents show that Brodie says that the two companies seem to be able to pay for a “substantially” bigger settlement. She also argued that the proposed ...
Buy alert: 2 Blockchain stocks with ‘strong buy' ratings for July 2024
Finbold· 2024-06-30 11:17
Blockchain technology is rapidly transforming industries far beyond cryptocurrencies, offering unparalleled transparency, security, and efficiency. This innovation has made blockchain stocks—shares in companies that develop or integrate blockchain technology—highly attractive to savvy investors.Numerous companies leverage blockchain to enhance their operations, deliver cutting-edge services, or spearhead advancements in the cryptocurrency sector. While some companies are dedicated entirely to blockchain and ...