$MA (MasterCard Incorporated)

$MA {{ '2016-07-15T08:59:38+0000' | timeago}} • Announcement

Payment services company $MA said that on the Sainsbury's Supermarkets case the UK Competition Appeal Tribunal has ruled about $90MM in favor of Sainsbury's. As a result, company expects to take a pretax charge of about $90MM as special item in 2Q16 financial results.

$MA {{ '2017-09-22T19:21:24+0000' | timeago}} • Announcement

$MA appointed Fabrizio Burlando as president of prepaid management services. In this role, he will lead the team that works with issuers and merchants to manage their prepaid programs and bring them to market within as quickly as three months. Burlando joined $MA in 2008 and was most recently the European lead for Mastercard Advisors.

$VZ {{ '2017-09-18T18:57:59+0000' | timeago}} • Announcement

Telecom giant $VZ has appointed Rima Qureshi as EVP and Chief Strategy Officer, effective November 6. Qureshi, a former CEO of Ericsson North America, will succeed Roy Chestnutt who has decided to step down by year-end. At Verizon, she will report to Chairman Lowell McAdam. Currently, Qureshi is member of the boards of $MA and Great West Lifeco.

$MA {{ '2017-08-31T16:01:15+0000' | timeago}} • Announcement

Payments network provider $MA is adding its contactless payment to Garmin's vivoactive3 smartwatch. $GRMN unveiled vivoactive3 today at IFA show. Users can enter/scan their card details using $GRMN's Connect app. One can pay by tapping the device near a contactless terminal at more than 6.6MM locations globally.

$MA {{ '2017-08-30T15:29:30+0000' | timeago}} • Announcement

$MA started a pilot project in Poland for contactless payments targeting SMBs. Using smartphones, businesses just need to install an app and start a merchant account with no additional costs. $MA is partnering with Elavon, Mobeewave and Polskie ePlatnosci for the project with 200 SMBs initially. Transaction limit is capped at PLN 50 (USD 14).

$MA {{ '2017-08-28T16:09:43+0000' | timeago}} • Announcement

$MA is bringing its contactless payment to Fitbit Ionic. Fitbit Ionic is the first smartwatch launched by $FIT, expected to be available in October. Users can load their eligible cards onto the smartwatch as they do in a normal digital wallet. One can pay by tapping the device near a contactless terminal at more than 6.6MM locations globally.

$MA {{ '2017-07-27T19:49:28+0000' | timeago}} • Announcement

Digital payments provider $MA reported revenue growth of 13% reaching $3.1Bil, while net income increased 20% to $1.2Bil. Growth drivers for 2Q were increased Gross Dollar Volume (GDV), higher switched transactions and cross-border volumes. As of June 30, 2017, $MA's customers had issued 2.4Bil Mastercard and Maestro-branded cards.

$MA {{ '2017-07-27T13:25:58+0000' | timeago}} • Infographic

$MA MasterCard Inc. Earnings AlphaGraphics: Q2 2017 Highlights

$V {{ '2017-07-21T19:02:00+0000' | timeago}} • Announcement

$V, which competes with $MA and $AXP, lifted its financial outlook for FY17. Net revenue is expected to grow 20% on a nominal dollar basis compared to the previous growth guidance of 16-18%. GAAP EPS growth is expected to be in low double-digits on a nominal dollar basis and non-GAAP EPS is expected to grow about 20%.

$MA {{ '2017-07-19T20:02:39+0000' | timeago}} • Announcement

$MA will broaden its QR-based solutions to offer QR codes that can be scanned by either consumers or merchants under a common set of global specifications, starting July, 2017. The use of QR codes in certain markets complements the investment in contactless payments to provide merchants a fast and secure way to accept payments.

$MA {{ '2017-07-17T18:01:54+0000' | timeago}} • Announcement

Payment service provider $MA has signed an agreement to acquire Brighterion, Inc., a software company specialized in AI. Brighterion’s Smart Agent technology will be incorporated into Mastercard’s suite of AI-based security products. The combination is expected to deliver greater accuracy in managing risk and protecting consumers.

$MA {{ '2017-06-27T14:00:10+0000' | timeago}} • Announcement

$MA launched several new APIs for developers to supply financial institutions, merchants and digital solutions providers with the tools they need to enable payments on new platforms. Through its API platform, $MA is providing access to more than 40 proprietary payments, data and security products and services.

$MA {{ '2017-05-11T19:20:42+0000' | timeago}} • Announcement

$MA announced the appointment of Andres Siefken as the Executive Vice President of Marketing and Communications for North America. In this role, he will be responsible for developing and implementing communications and marketing strategies that reinforce the value of the company’s products and services.

$MA {{ '2017-05-11T17:29:20+0000' | timeago}} • Announcement

$MA said it is joining forces with $PAY and $GPN to enhance and expedite the consumer checkout experience leveraging the company’s M/Chip Fast technology. M/Chip Fast prioritizes the parts of a transaction critical to security to speed chip checkout times.

$MA {{ '2017-05-02T14:22:18+0000' | timeago}} • Webcast

$MA said in India, during 1Q17, the growth rate of card spend at point-of-sale was substantial but much lower versus 4Q16. This is partly because currency notes have come into circulation and cash withdrawal at ATMs has increased versus 4Q16. Gross dollar volume is still impacted. India is still a cash-heavy marketplace.

$MA {{ '2017-05-02T14:06:21+0000' | timeago}} • Webcast

$MA stated that 1Q17 came in better than expectations with strong drivers in Latin America, Asia-Pacific as well as European cross border, and some transaction growth seen outside the US. FX was more favorable than assumed. The company added that in 2Q17 and 3Q17, it might see lower growth rates followed by a pullback in 4Q17.

$MA {{ '2017-05-02T13:49:27+0000' | timeago}} • Infographic

$MA Mastercard Inc. Earnings AlphaGraphics: Q1 2017 highlights

$MA {{ '2017-05-02T13:48:11+0000' | timeago}} • Webcast

$MA said in terms of network, it has seen improvement in the international markets but in Brazil, there are political and economic issues that are yet to be resolved. Regions such as France have been impacted by travel and tourism safety issues. France has seen slight improvements but has not reached the level it used to be.

$MA {{ '2017-05-02T12:50:33+0000' | timeago}} • Announcement

Net revenue at $MA soared 12% to $2.7Bil in 1Q17, as it posted a 13% jump in net income of $1.1Bil from last year's $1.0Bil. Earnings rose 16% to $1.0 per diluted share from $0.86 a share, as Mastercard saw the number of switched transactions surge 17% to 14.7Bil for the quarter.

$MA {{ '2017-04-28T16:36:42+0000' | timeago}} • Announcement

$MA appointed Ed McLaughlin to president, Operations and Technology, effective May 1, 2017. McLaughlin succeeds Rob Reeg, who will move to a consulting role reporting to CEO Ajay Banga, and will help to ensure a smooth transition through Oct. 1, 2017.

$MA {{ '2017-04-11T12:48:01+0000' | timeago}} • Announcement

UK’s Competition & Markets Authority has given final approval to $MA's planned acquisition of VocaLink Holdings Limited for about $920MM. The deal is now expected to close in the coming weeks.

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