Visa Inc (NYSE:V) Vs. Mastercard Inc (NYSE:MA) Continue To Dominate The Card Payment Industry

Four major companies dominate the electronic payments industry- Visa Inc (NYSE:V), Mastercard Inc (NYSE:MA), American Express Company (NYSE:AXP), and Discover Financial Services (NYSE:DFS). Jointly, the companies handle the largest number of card transactions in the world. As opposed to other companies that extend credit to then client, Visa and MasterCard are unique cases as they do […]

American Express Company (NYSE:AXP) Offers New Rewards Program, No Amex Card Required

On Monday, American Express Company (NYSE:AXP) launched a new loyalty program where it will offer new rewards. More to that, having an American Express card will not be a requirement for individuals to earn points. The new reward system is called Plenti and it will give customers a chance to gain points over a line […]

Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) – Delisted

Home Loan Servicing Solutions Ltd (NASDAQ:HLSS) traded at $0.67 in the last trading session compared to the closing of $17.18 in the previous trading session. This devaluation is not the result of a violent crash in the exchange, just that the stock is trading ex-dividend now from Aril 28th. A cash dividend of $16.613 was […]

U.S. Stocks Plunge After American Express Company (NYSE:AXP) Witnesses A Global Sell Off

The U.S. stock market has witnessed a huge sell off lately, which has led to a massive plunge in the stock market. As per the reports, the situation became worse after American Express Company (NYSE:AXP) faced a global sell-off. Three Primary Causes That Resulted In Massive Plunge In Stock Market: It’s been the highest fall […]

Apple Inc. (NASDAQ:AAPL): Why PayPal and Google Inc. (NASDAQ:GOOGL)’s Google Wallet Ought To Be Concerned About Apple Pay

Boston, MA 10/08/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) has reiterated its desire to revolutionize the mobile payment platform with its new service ‘Apple Pay.’ A push for the space is expected to be a major threat for the likes of PayPal and Google Inc. (NASDAQ:GOOGL)’s Google wallet that over the years have acted as the dominant […]

Is eBay Inc (NASDAQ:EBAY)‘s Change Of Heart Good or Bad?

Boston, MA 10/06/2014 (wallstreetpr) – eBay Inc (NASDAQ:EBAY), which was pretty confident about the strong combination of PayPal and the company till recently has changed its tone abruptly. Time and again, eBay’s CEO, John Donahoe, had rebuffed the suggestions of spinning off PayPal from eBay. Now the company has suddenly accepted the same vision, which will […]

Wal-Mart Stores, Inc. (NYSE:WMT) Expands Its Financial Business With Checking Accounts Offering

Boston, MA 09/25/2014 (wallstreetpr) – Wal-Mart Stores, Inc. (NYSE:WMT) entered into a deal with Green Dot Corporation (NYSE:GDOT) to facilitate opening of checking accounts of its customers. Special Features According to a news covered by Bloomberg, Wal-Mart Stores, Inc. (NYSE:WMT)’s latest move build on its recent endeavor of expanding into financial services, which U.S.-based banks had […]

Costco Wholesale Corporation (NASDAQ:COST) Canada Say No To American Express Company (NYSE:AXP) Cards

Boston, MA 09/19/2014 (wallstreetpr) – According to reports, the largest warehouse-club chain of USA Costco Wholesale Corporation (NASDAQ:COST) has announced that it would not accept cards of American Express Company (NYSE:AXP) anymore at its Canada stores. The decision will be materialized from the starting of next year. The main reason behind this split is said […]

Mastercard Inc (NYSE:MA) Trims Rival’s Fortunes In Canada

Boston, MA 09/19/2014 (wallstreetpr) – Mastercard Inc (NYSE:MA) is replacing American Express Company (NYSE:AXP) as Costco Canada’s credit card partner. The move expands its customer-base and is also expected to have a positive impact on its revenue, but it is a loss to its rival, American Express. Costco Canada and American Express ended their 15-year […]

The Tech-fraternity Awaits Apple Inc. (NASDAQ:AAPL)’s Product-line Announcements, Ahead Of The Cook-Show

Boston, MA 09/08/2014 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL), the manufacturer of ubiquitous gadgets, is deemed to be the apple of all eyes on Tuesday, September 9, 2014. The tech aficionados, rivals and the pack of investors are upbeat, waiting to satiate those individuals who dare to ask whether the AAPL product pipeline has myriad new products. […]

American Express Company (NYSE:AXP) Partners Uber

Boston, MA 06/11/2014 (wallstreetpr) – American Express Company (NYSE:AXP), leading financial services provider in the world has recently announced its partnership with Uber. Uber is a transport network company that connects passengers with drivers of vehicles through its platform. Membership Rewards Program American Express through its Membership Rewards program offers millions of rewards from over […]

This Is Why Target Corporation (NYSE:TGT) Fears For Its Wallet

Boston, MA 06/03/2014 (wallstreetpr) – In the recent months, Target Corporation (NYSE:TGT) has come to known for the massive data breach that impacted its system during the holiday shopping season. However, more than a negative reputation that the cyber-attack has brought to Target, the company is also worried of possible claims from affected customers. The […]

American express Company (NYSE:AXP) Prepaid Card Expands into Walmart

Boston, MA 05/09/2014 (wallstreetpr) – American express Company (NYSE:AXP) continues with an expansion into the wealth spectrum by providing banking products without physical branches, at highly affordable prices. This strategy has already become more appealing to people who do not wish to pay any banking fees. The company has now launched its full service reloadable prepaid […]

Any Hope In VeriFone Systems Inc (NYSE:PAY)?

Boston, MA 12/19/2013 (wallstreetpr) – VeriFone Systems Inc (NYSE:PAY) reported its fiscal fourth quarter this week and the overall result was relatively weak. Companies which can’t deliver strong revenue and earnings growth often scare away investors and this is what is facing PAY. The company’s partnership with companies such as Costco Wholesale Corporation (NASDAQ:COST), American […]