MasterCard Inc. (NYSE: MA) To Phase Out Magnetic Strip Cars, Partners With Markaaza and AvidXchange raises $660 million

Payments company MasterCard Inc. (NYSE: MA) is ready to do away with magnetic strip credit and debit cards phasing out the swiping payment method, which has become obsolete with the emergence of the latest chip-based cards. Magnetic stripe cards have been in use for decades, but technological development has resulted in a shift towards safe […]

MasterCard Inc. (NYSE: MA) Replacing Magnetic Stripes On Its Cards With Chips

MasterCard Inc. (NYSE: MA) has announced that it will phase out the magnetic stripes on its debit and credits cards in the next ten years as part of its larger initiative to deploy secure and more capable alternatives to the conventional swipe.  MasterCard to phase out cards using magnetic stripes  The payment processing firm said […]

Court Approves $850 Million Merger of Verano and Harvest Health & Recreation

The Supreme Court of British Columbia has given the green light for marijuana company Harvest Health & Recreation (CSE: HARV) (OTCQX: HRVSF) to combine its business with Verano Holdings, one of the largest multi-state operators (MSO) of cannabis facilities in the U.S.  The $850 million deal was first announced in March as one of the […]

Three Words Every College Student Knows: Bill My Parents (BMPI)

In a play on words off the old EF Hutton commercials, when super investor Isaac Blech speaks, will traders listen? In an article printed by Reuters this morning, Blech reveals what he has been buying, which includes more shares of BillMyParents (OTC: BMPI). He has apparently been buying loads of it because his holdings of BillMyParents […]