Final Glance: Credit Card companies
AP - Thu May 08, 5:02PM CDT
NEW YORK (AP) — Shares of some top credit card companies were up at the close of trading:
Dow Today: American Express (AXP) Higher
at The Street - Thu May 08, 1:00PM CDT
The Dow component leading the way higher looks to be American Express (NYSE: AXP ), which is sporting a $1.08 gain (+1.2%) bringing the stock to $89.06.
Midday Glance: Credit Card companies
AP - Thu May 08, 12:23PM CDT
NEW YORK (AP) — Shares of some top credit card companies are up at 1 p.m.:
Early Glance: Credit Card companies
AP - Thu May 08, 9:48AM CDT
NEW YORK (AP) — Shares of some top credit card companies are up at 10 a.m.:
ExpenseIt Makes Manual Expense Reports a Thing of the Past
PR Newswire - Thu May 08, 8:00AM CDT
ExpenseIt®, the automagical expense app from Concur (Nasdaq: CNQR), now makes it quicker and easier to create expense reports. Users simply snap a photo of a receipt with their smartphone on the go and ExpenseIt automatically turns the receipt into an expense. It's a modern, time-saving alternative for the 52 percent of people who are still using manual or paper-based expense reporting.*
Greece's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Thu May 08, 5:14AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7djwzg/greeces_cards) has announced the addition of the "Greece's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. Greece was the most severely affected country by the eurozone crisis, mainly as a result of government overspending, tax evasion and a budget deficit that eventually spiraled out of control. The crisis also affected the entire banking system; most banks faced liquidity problems and loan defaults, which had a direct impact on the card payments channel. In terms of the number of cards in circulation, the prepaid and debit card categories registered healthy growth at compound annual growth rates (CAGRs) of 15.44% and 3.29% respectively during the review period (2009-2013). With the Greek economy anticipated to recover slowly over the forecast period (2014-2018), the prepaid and debit card categories are expected to grow at a healthy pace and register CAGRs of 21.80% and 4.62% respectively, while the credit and charge card categories continue to decline, albeit more slowly than during the review period. A well-developed mobile market and the growing popularity of smartphones have led to robust growth in mobile payments (m-payments), which posted a review-period CAGR of 41.55%, increasing from EUR26.2 million (US$36.3 million) in 2009 to EUR105.0 million (US$139.2 million) in 2013. Over the forecast period, the value of m-payments is anticipated to further increase from EUR149.2 million (US$201.2 million) in 2014 to EUR803.0 million (US$1.1 billion) in 2018, at a CAGR of 52.32%. Banks such as National Bank of Greece (NGB), Alpha Bank and Eurobank Ergasias are partnering with merchants and online retailers to offer secure payment facilities, enabling customers pay online or via mobile phones linked to bank accounts. As a result, e-commerce recorded a review-period CAGR of 43.75% and grew from EUR962.3 million (US$1.3 billion) in 2009 to EUR4.1 billion (US$5.4 billion) in 2013. It is anticipated to post a forecast-period CAGR of 32.94% to reach EUR18.0 billion (US$25.4 billion) by the end of 2018. Key Topics Covered: 1 Executive Summary 2 Analysis of Market Environment, Key Trends and Drivers 3 Cards and Payments Industry Share Analysis 4 Regulatory Framework and Card Fraud Statistics 5 Emerging Consumer Attitudes and Trends 6 Analysis of Card Payments and Growth Prospects 7 Analysis of Credit Card Payments and Growth Prospects 8 Analysis of Debit Card Payments and Growth Prospects 9 Analysis of Charge Card Payments and Growth Prospects 10 Analysis of Prepaid Card Payments and Growth Prospects 11 Merchant Acquiring 12 Company Profiles of Card Issuers - Alpha Bank - American Express - Citibank Greece - Diners Club - Eurobank Ergasias - HSBC - MasterCard - National Bank of Greece - Piraeus Bank - Visa For more information visit http://www.researchandmarkets.com/research/7d...eces_cards
Dow Climbs on Russian Stand-Down As UnitedHealth Group, American Express Jump
Dan Caplinger, The Motley Fool - Motley Fool - Wed May 07, 8:05PM CDT
Wednesday proved to be a good day for the Dow Jones Industrials , which closed the day up almost 118 points. But the Dow had to earn its gains, recovering from losses early in the session prompted by domestic economic fears. All it took to boost...
After Yesterday's Rally of 2.06% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed May 07, 4:03PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $86.11 to a high of $88.05. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $87.42 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of American Express After 2.06% Gain
Comtex SmarTrend(R) - Wed May 07, 4:02PM CDT
American Express (NYSE:AXP) traded in a range yesterday that spanned from a low of $86.11 to a high of $88.05. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $87.42 on volume of 4.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
What Do the Dow's Components Say About the Changing U.S. Economy?
Alex Planes, The Motley Fool - Motley Fool - Wed May 07, 1:15PM CDT
Millions of investors have watched the Dow Jones Industrial Average over the years, whether they've meant to or not. This landmark index has been a barometer of stock market health since 1896 , and its relatively simplistic formulation -- it...
Portugal's Cards and Payments Industry 2014: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Wed May 07, 9:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vl68kt/portugals_cards) has announced the addition of the "Portugal's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. Despite the European sovereign debt crisis, the Portuguese card payments channel grew both in terms of volume of cards and transaction value during the review period (2009-2013). In terms of the number of cards in circulation, the card payments channel posted a review-period compound annual growth rate (CAGR) of 0.71%, and is expected to record a forecast-period (2014-2018) CAGR of 3.95%. The forecast-period growth is anticipated to be driven by the prepaid cards category. In terms of transaction value, the card payments channel posted a review-period CAGR of 4.02%, rising from EUR71.5 billion (US$99.4 billion) in 2009 to EUR83.8 billion (US$111.1 billion) in 2013. The channel is expected to post a forecast-period CAGR of 1.53%, increasing from EUR84.5 billion (US$114.0 billion) in 2014 to EUR89.8 billion (US$126.5 billion) in 2018. E-commerce registered a review-period CAGR of 25.07%, rising from EUR642.9 million (US$893.1 million) in 2009 to EUR1.6 billion (US$2.1 billion) in 2013. Likewise, the total value of retail sales in Portugal increased from EUR40.9 billion (US$56.8 billion) in 2009 to EUR42.2 billion (US$56.0 billion) in 2013. Portugal's banking sector was adversely affected by the eurozone crisis. In May 2011, the economic adjustment program was agreed by the Ecofin Council and International Monetary Fund (IMF) Executive Board and covers the period between 2011 and 2014. The program offers external financing by the EU, eurozone member states and the IMF of up to EUR78 billion (US$103.4 billion), for possible fiscal financing needs and to provide liquidity support to Portugal's banking sector. Key Topics Covered: 1 Executive Summary 2 Analysis of Market Environment, Key Trends and Drivers 3 Cards and Payments Industry Share Analysis 4 Regulatory Framework and Card Fraud Statistics 5 Emerging Consumer Attitudes and Trends 6 Analysis of Card Payments and Growth Prospects 7 Analysis of Credit Card Payments and Growth Prospects 8 Analysis of Debit Card Payments and Growth Prospects 9 Analysis of Charge Card Payments and Growth Prospects 10 Analysis of Prepaid Card Payments and Growth Prospects 11 Merchant Acquiring 12 Company Profiles of Card Issuers - American Express - Banco Best - Banco Portugu?s de Investimento - Banco Santander Totta - Banif - Caixa Geral de Dep?sitos - MasterCard - Millennium BCP - Multibanco - Visa For more information visit http://www.researchandmarkets.com/research/vl...gals_cards
Gold Coast to Launch Merchant Card Services via MJ-Merchant
Marketwire - Wed May 07, 9:10AM CDT
Gold Coast Mining Corp. (OTC Pink: GDSM) (PINKSHEETS: GDSM) is set to launch another new product offering, MJ-Merchant.
Research and Markets: Credit and Charge Cards in Italy: Fiditalia, Unicredit, BNL, American Express and Many More
Business Wire - Wed May 07, 4:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rggkj9/credit_and_charge) has announced the addition of the "Credit and charge cards in Italy" report to their offering.
EMV IN USA: Assessment of Merchant and Card Issuer Readiness
M2 - Wed May 07, 4:21AM CDT
Research and Markets (http://www.researchandmarkets.com/research/m242z2/emv_in_usa) has announced the addition of a new report "EMV IN USA: Assessment of Merchant and Card Issuer Readiness" to their offering. The U.S. roadmap for the deployment of chip card has existed since 2012, providing the payment industry with plenty of time to prepare for the transition from magnetic-stripe cards to smart cards. Yet collectively, the industry has been slow to prepare for the monumental task of replacing the entire card payment infrastructure of the United States. Now, with only 18 months until the most important phase of the transition the merchant liability shift and with the added pressure of the Target card data breach placing stakeholders under increased scrutiny to get this right, the payment industry is gearing up for the big switch. This report assesses the current state of merchant and issuer readiness to provide a cohesive view of where the industry stands today for issuers and merchants, where these stakeholders will be by the impending liability shift milestone in 2015, and what it will cost for them to get to EMV ubiquity. Primary Questions - How ready are U.S. merchants for EMV? - How ready are U.S. card issuers? What is the likely timeline for EMV migration in the U.S.? - What will be the physical costs of the transition to EMV for terminals and cards? - What needs to be fixed for EMV to become ubiquitous in the U.S.? - Could the U.S. shift to EMV like other countries? Key Topics Covered: - Overview - Primary Questions - Methodology - Executive Summary - Recommendations - Recommendations for Payment Networks - Recommendations for Issuers and Merchants - Justification for U.S. EMVWhy Now? - The Story So Far - Durbin Amendment Debit and the EMV Backlash - Target Breach to Today - The Merchant Perspective - U.S. EMV Physical Card and POS Forecast - Appendix - Related Research Companies Mentioned: - American Express - Discover - Electronic Transactions Association - First Data - Fiserv - Intuit - MasterCard - National Retail Federation - Smart Card Alliance - Square - Target - Visa For more information visit http://www.researchandmarkets.com/research/m242z2/emv_in_usa
Credit and Charge Cards in Italy: Fiditalia, Unicredit, BNL, American Express and many more
M2 - Wed May 07, 3:45AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jdrvwc/credit_and_charge) has announced the addition of the "Credit and charge cards in Italy" report to their offering. This report supplies information on the Credit and charge cards Italian market and its competitors: market trends, SWOT and key success factors analysis, major companies performance indicators (total turnover, sector specific turnover, market shares and export quotas), business prospects and trends. This report provides an analysis of the credit and charge card market. The Bank of Italy's formal definition of credit cards is "plastic cards" that allow the user to "purchase goods and services in Italy and abroad without paying in cash. These cards may be used regardless of the availability of funds in a current account at the time of the purchase; the funds needed to cover the expenses must be present when the amount due is debited." Key Topics Covered: 1. Introduction To Methodology 2. Sector Description 3. Executive Summary 4. Sector Environment 5. Demand Analysis 6. Supply Analysis 7. Competitive Scenario 8. Strategies Observed 9. Opportunities And Threats Companies Mentioned: - Agos-Ducato S.P.A. - American Express Services Europe Limited - B.P.M. S.C.A.R.L. - Banca Monte Dei Paschi Di Siena S.P.A. - Banca Popolare Dell'emilia Romagna S.C. - Barclays Bank Plc - Bnl S.P.A. - Cariparma S.P.A. - Cartasi S.P.A. - C-Card S.P.A. - Compass S.P.A. - Consel S.P.A. - Consum.It S.P.A. - Credem S.P.A. - Creditis S.P.A. - Deutsche Bank S.P.A. - Diners Club Italia S.R.L. - Fiditalia S.P.A. - Findomestic Banca S.P.A. - Finitalia S.P.A. - Iccrea Banca S.P.A. - Intesa Sanpaolo S.P.A. - Santander Consumer Bank S.P.A. - Ubi Banca S.C.P.A. - Unicard S.P.A. - Unicredit S.P.A. For more information visit http://www.researchandmarkets.com/research/jd...and_charge
American Express to Open Fifth Centuriona" Lounge in Miami International Airport
M2 - Wed May 07, 3:04AM CDT
Expanding on its current network of lounges, American Express announced its intent to open its fifth Centurion Lounge in the North Terminal of Miami International Airport (MIA).
American Express to Open Fifth Centurion(SM) Lounge in Miami International Airport
Business Wire - Tue May 06, 12:24PM CDT
American Express: