American Express Company (AXP) 88.93 $AXP
Final Glance: Credit Card companies
AP - Mon Sep 08, 5:38PM CDT
NEW YORK (AP) — Shares of some top credit card companies were mixed at the close of trading:
Midday Glance: Credit Card companies
AP - Mon Sep 08, 1:11PM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 1 p.m.:
Early Glance: Credit Card companies
AP - Mon Sep 08, 9:34AM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 10 a.m.:
Why Is American Express Teaming Up With Apple?
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 07, 7:20PM CDT
It was recently reported that American Express has agreed to work with Apple in the development of a long-awaited mobile payments system for the iPhone. Source: Wikipedia . It's pretty easy to see why Apple would want this. The company...
The Latest iPhone 6 Rumors Before Apple's Big Event This Week
Daniel Sparks, The Motley Fool - Motley Fool - Sun Sep 07, 10:30AM CDT
Apple 's annual iPhone event is almost here. Well, technically, we can't be 100% sure that Apple's Sept. 9 event is intended to unveil the iPhone 6. But considering the timing and the numerous leaks, it's fair to predict with 99% certainty that new...
When to Dump Your Credit Card
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 07, 9:01AM CDT
Do you have a few old credit cards you don't really use anymore? Or is your credit card company raising your annual fee or cutting perks? The decision to close a credit card is one that should be considered carefully. Closing accounts can...
How Much Are Your Rewards Card Points Really Worth?
Matthew Frankel, The Motley Fool - Motley Fool - Sat Sep 06, 2:28PM CDT
There are literally hundreds, if not thousands, of credit cards to choose from that offer rewards. So, how do you determine which rewards card is the best value? Cash-back cards are easy to understand. If your card gives you 1.5% cash back, and you...
What You Didn't Know About the Apple iPhone 6
Patrick Morris, The Motley Fool - Motley Fool - Sat Sep 06, 1:30PM CDT
Much has been said about the latest version of the Apple iPhone 6, but it turns out one function on the new phone may prove to be the biggest news yet. The incredible change When the iPhone launched in the summer of...
Upcoming Conferences, Anniversary Celebrations, Financial Grants, and Market Updates - Research Reports on Visa, Goldman Sachs, Amex, Regions and Hertz
PR Newswire - Fri Sep 05, 7:45AM CDT
Today, Analysts Review released its research reports regarding Visa Inc. (NYSE: V), The Goldman Sachs Group, Inc. (NYSE: GS), American Express Company (NYSE: AXP), Regions Financial Corporation (NYSE: RF) and Hertz Global Holdings, Inc. (NYSE: HTZ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6241-100free.
Malaysia's Cards and Payments Industry Report: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Fri Sep 05, 3:40AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3l4pmn/malaysias_cards) has announced the addition of the "Malaysia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. The Malaysian payment cards instrument registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 7.09% to reach 50.5 million cards in circulation by the end of 2013. In terms of transaction value, payment cards valued MYR402.9 billion (US$128.2 billion) in 2013, after registering a review-period CAGR of 6.87%. Robust economic performance, improved banking infrastructure, new product developments and growing acceptance of card-based payments at POS terminals and on public transport were key factors driving growth. The adoption of Europay, MasterCard and Visa (EMV) standards, and the emergence of contactless technology also supported the growth. The average transaction value (ATV) in Malaysia in 2013 was US$141.1, lower than China and Thailand, which recorded ATVs of US$299.1 and US$152.6 respectively, but higher than Australia and India, which recorded ATVs of US$104.9 and US$59.2 respectively. Of these five countries, Australia recorded the highest frequency with 100.3 transactions per card, while Malaysia's was relatively low at 18.7. However, Malaysia had the highest level of penetration of 4.9 cards per individual, followed by Australia with 4.4, China with 3.3, Thailand with 1.8, and India with 0.5. The report provides top-level market analysis, information and insights into Malaysia's cards and payments industry, including: - Current and forecast values for each category of Malaysia's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards - Comprehensive analysis of the industry's market attractiveness and future growth areas - Analysis of various market drivers and regulations governing Malaysia's cards and payments industry - Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market - Comprehensive analysis of consumer attitudes and buying preferences for cards - The competitive landscape of Malaysia's cards and payments industry Key Topics Covered: 1 Key Facts and Top Events 2 Executive Summary 3 Payment Instruments 4 Market Attractiveness and Future Prospects of Cards and Payments 5 Analysis of Cards and Payments Industry Drivers 6 Emerging Consumer Attitudes and Trends 7 Payment Cards 8 Debit Cards 9 Credit Cards 10 Charge Cards 11 Commercial Cards 12 Card Technology 13 Regulations in the Cards and Payments Industry 14 Card Fraud Statistics 15 Card Issuers 16 Card Schemes 17 Prepaid Cards 18 Merchant Acquiring and Processing Companies Mentioned - American Express - Bankcard (e-Debit) - CIMB Bank - Citibank Bhd - Diners Club - Hong Leong Bank - MasterCard - Maybank - RHB Bank - Visa For more information visit http://www.researchandmarkets.com/research/3l...sias_cards
How Will You Verify Cardholders with EMV - Educational Webinar on EMV Data Preparation for Payment Card Issuers
PRWeb - Thu Sep 04, 3:01PM CDT
The payment card industry's shift date for point-of-sale fraud is only a year away, and many card issuers are still wrestling with the intricacies of EMV smart card compliance. Prime Factors, provider of the Bank Card Security System for managing data preparation of payment cards, seeks to demystify the complexity in its latest educational webinar, EMV Advanced: Cardholder Verification Methods. It is scheduled for Tuesday, September 9, 2014, at 11 AM Central, and registration is free.
CFPB Warns Credit-Card Issuers on Risky Promotional Offers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 2:53PM CDT
Flooded with numerous credit-card offers, consumers are easily enticed by the firms that promise the best promotional offer.
2014 Report on the $56 Billion Kuwait Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Thu Sep 04, 9:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3fhr3h/kuwaits_cards) has announced the addition of the "Kuwait's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. The Kuwaiti card payments channel grew strongly in terms of transaction value during the review period (2009-2013). The card payments channel valued KWD16.0 billion (US$56.4 billion) in 2013, after registering a compound annual growth rate (CAGR) of 12.02%. Improved banking infrastructure and the increased installation of point of sale (POS) terminals in merchant outlets were the channel's key growth factors. In terms of transaction value, debit cards accounted for a channel share of 60.0% in 2013, and situation which is expected to be maintained over the forecast period. Due to the emergence of contactless payment systems, enhanced security features and the convenience of electronic payments, Kuwait's population has been encouraged to perform more card-based transactions. In 2013, the 3D password feature was added to credit cards by Ahli United Bank Kuwait, and helped to increase customer confidence for card-based transactions. To promote debit card usage, an integrated POS service is being installed across all Gulf Cooperation Council (GCC) countries. The growing market for online shopping in Kuwait is one of the primary factors contributing for the rise of Kuwait's cards and payments industry. E-commerce value increased from KWD57.3 million (US$199.1 million) in 2009 to KWD221.3 million (US$779.5 million) in 2013, at a review-period CAGR of 40.21%. The value of e-commerce is expected to record a forecast-period (2014-2018) CAGR of 23.92%. The primary reason behind Kuwait's high online commerce value is the country's high internet penetration rate. Internet penetration (users per 100 inhabitants) grew from 50.8 in 2009 to 84.9 in 2013, and is expected to grow over the forecast period. Near Field Communication (NFC) technology is being increasingly adopted by payment network providers, service providers, merchants and mobile network operators in Kuwait. Visa, for example, partnered with the National Bank of Kuwait and Zain, to launch an NFC trail in October 2009. This was the first instance of NFC technology being provided in Kuwait, and offered a convenient low-value payment solution to customers. The technology is accepted by most retailers, and offers cardholders the convenience of paying for purchases using Visa PayWave terminals. Key Topics Covered: 1 Executive Summary 2 Analysis of Industry 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 13 Appendix Companies Mentioned - Ahli United Bank - American Express - Commercial Bank of Kuwait - Diners Club - Gulf Bank - Kuwait Finance House - MasterCard - National Bank of Kuwait - Visa For more information visit http://www.researchandmarkets.com/research/3f...aits_cards
Why Apple Is a Buy Because of Mobile Payments
at The Street - Thu Sep 04, 7:43AM CDT
Investors may want to go long Apple should the company announce a mobile payments strategy at its event next week, according to Barclays Capital analyst Ben Reitzes.
Cignifi Inc. Completes Series B Funding Round Led by Omidyar Network
PR Newswire - Thu Sep 04, 7:30AM CDT
Cignifi, which is helping to meet the needs of more than 1 billion people worldwide who have mobile phones but no access to formal financial services, today announced the closing of a Series B funding round. The capital raise was led by existing investor Omidyar Network, a Redwood City, CA-based philanthropic investment firm, established by eBay founder Pierre Omidyar and his wife Pam, with additional investments from American Express Ventures and other existing investors. Cignifi is based in Cambridge, MA with offices in Sao Paulo, Mexico City and Accra, Ghana.
Final Glance: Credit Card companies
AP - Mon Sep 08, 5:38PM CDT
NEW YORK (AP) — Shares of some top credit card companies were mixed at the close of trading:
Midday Glance: Credit Card companies
AP - Mon Sep 08, 1:11PM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 1 p.m.:
Early Glance: Credit Card companies
AP - Mon Sep 08, 9:34AM CDT
NEW YORK (AP) — Shares of some top credit card companies are mixed at 10 a.m.:
Why Is American Express Teaming Up With Apple?
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 07, 7:20PM CDT
It was recently reported that American Express has agreed to work with Apple in the development of a long-awaited mobile payments system for the iPhone. Source: Wikipedia . It's pretty easy to see why Apple would want this. The company...
The Latest iPhone 6 Rumors Before Apple's Big Event This Week
Daniel Sparks, The Motley Fool - Motley Fool - Sun Sep 07, 10:30AM CDT
Apple 's annual iPhone event is almost here. Well, technically, we can't be 100% sure that Apple's Sept. 9 event is intended to unveil the iPhone 6. But considering the timing and the numerous leaks, it's fair to predict with 99% certainty that new...
When to Dump Your Credit Card
Matthew Frankel, The Motley Fool - Motley Fool - Sun Sep 07, 9:01AM CDT
Do you have a few old credit cards you don't really use anymore? Or is your credit card company raising your annual fee or cutting perks? The decision to close a credit card is one that should be considered carefully. Closing accounts can...
How Much Are Your Rewards Card Points Really Worth?
Matthew Frankel, The Motley Fool - Motley Fool - Sat Sep 06, 2:28PM CDT
There are literally hundreds, if not thousands, of credit cards to choose from that offer rewards. So, how do you determine which rewards card is the best value? Cash-back cards are easy to understand. If your card gives you 1.5% cash back, and you...
What You Didn't Know About the Apple iPhone 6
Patrick Morris, The Motley Fool - Motley Fool - Sat Sep 06, 1:30PM CDT
Much has been said about the latest version of the Apple iPhone 6, but it turns out one function on the new phone may prove to be the biggest news yet. The incredible change When the iPhone launched in the summer of...
Upcoming Conferences, Anniversary Celebrations, Financial Grants, and Market Updates - Research Reports on Visa, Goldman Sachs, Amex, Regions and Hertz
PR Newswire - Fri Sep 05, 7:45AM CDT
Today, Analysts Review released its research reports regarding Visa Inc. (NYSE: V), The Goldman Sachs Group, Inc. (NYSE: GS), American Express Company (NYSE: AXP), Regions Financial Corporation (NYSE: RF) and Hertz Global Holdings, Inc. (NYSE: HTZ). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6241-100free.
Malaysia's Cards and Payments Industry Report: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Fri Sep 05, 3:40AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3l4pmn/malaysias_cards) has announced the addition of the "Malaysia's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. The Malaysian payment cards instrument registered positive growth during the review period (2009-2013), recording a compound annual growth rate (CAGR) of 7.09% to reach 50.5 million cards in circulation by the end of 2013. In terms of transaction value, payment cards valued MYR402.9 billion (US$128.2 billion) in 2013, after registering a review-period CAGR of 6.87%. Robust economic performance, improved banking infrastructure, new product developments and growing acceptance of card-based payments at POS terminals and on public transport were key factors driving growth. The adoption of Europay, MasterCard and Visa (EMV) standards, and the emergence of contactless technology also supported the growth. The average transaction value (ATV) in Malaysia in 2013 was US$141.1, lower than China and Thailand, which recorded ATVs of US$299.1 and US$152.6 respectively, but higher than Australia and India, which recorded ATVs of US$104.9 and US$59.2 respectively. Of these five countries, Australia recorded the highest frequency with 100.3 transactions per card, while Malaysia's was relatively low at 18.7. However, Malaysia had the highest level of penetration of 4.9 cards per individual, followed by Australia with 4.4, China with 3.3, Thailand with 1.8, and India with 0.5. The report provides top-level market analysis, information and insights into Malaysia's cards and payments industry, including: - Current and forecast values for each category of Malaysia's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards - Comprehensive analysis of the industry's market attractiveness and future growth areas - Analysis of various market drivers and regulations governing Malaysia's cards and payments industry - Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by banks and other institutions in the market - Comprehensive analysis of consumer attitudes and buying preferences for cards - The competitive landscape of Malaysia's cards and payments industry Key Topics Covered: 1 Key Facts and Top Events 2 Executive Summary 3 Payment Instruments 4 Market Attractiveness and Future Prospects of Cards and Payments 5 Analysis of Cards and Payments Industry Drivers 6 Emerging Consumer Attitudes and Trends 7 Payment Cards 8 Debit Cards 9 Credit Cards 10 Charge Cards 11 Commercial Cards 12 Card Technology 13 Regulations in the Cards and Payments Industry 14 Card Fraud Statistics 15 Card Issuers 16 Card Schemes 17 Prepaid Cards 18 Merchant Acquiring and Processing Companies Mentioned - American Express - Bankcard (e-Debit) - CIMB Bank - Citibank Bhd - Diners Club - Hong Leong Bank - MasterCard - Maybank - RHB Bank - Visa For more information visit http://www.researchandmarkets.com/research/3l...sias_cards
How Will You Verify Cardholders with EMV - Educational Webinar on EMV Data Preparation for Payment Card Issuers
PRWeb - Thu Sep 04, 3:01PM CDT
The payment card industry's shift date for point-of-sale fraud is only a year away, and many card issuers are still wrestling with the intricacies of EMV smart card compliance. Prime Factors, provider of the Bank Card Security System for managing data preparation of payment cards, seeks to demystify the complexity in its latest educational webinar, EMV Advanced: Cardholder Verification Methods. It is scheduled for Tuesday, September 9, 2014, at 11 AM Central, and registration is free.
CFPB Warns Credit-Card Issuers on Risky Promotional Offers - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 2:53PM CDT
Flooded with numerous credit-card offers, consumers are easily enticed by the firms that promise the best promotional offer.
2014 Report on the $56 Billion Kuwait Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape
M2 - Thu Sep 04, 9:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3fhr3h/kuwaits_cards) has announced the addition of the "Kuwait's Cards and Payments Industry: Emerging Opportunities, Trends, Size, Drivers, Strategies, Products and Competitive Landscape" report to their offering. The Kuwaiti card payments channel grew strongly in terms of transaction value during the review period (2009-2013). The card payments channel valued KWD16.0 billion (US$56.4 billion) in 2013, after registering a compound annual growth rate (CAGR) of 12.02%. Improved banking infrastructure and the increased installation of point of sale (POS) terminals in merchant outlets were the channel's key growth factors. In terms of transaction value, debit cards accounted for a channel share of 60.0% in 2013, and situation which is expected to be maintained over the forecast period. Due to the emergence of contactless payment systems, enhanced security features and the convenience of electronic payments, Kuwait's population has been encouraged to perform more card-based transactions. In 2013, the 3D password feature was added to credit cards by Ahli United Bank Kuwait, and helped to increase customer confidence for card-based transactions. To promote debit card usage, an integrated POS service is being installed across all Gulf Cooperation Council (GCC) countries. The growing market for online shopping in Kuwait is one of the primary factors contributing for the rise of Kuwait's cards and payments industry. E-commerce value increased from KWD57.3 million (US$199.1 million) in 2009 to KWD221.3 million (US$779.5 million) in 2013, at a review-period CAGR of 40.21%. The value of e-commerce is expected to record a forecast-period (2014-2018) CAGR of 23.92%. The primary reason behind Kuwait's high online commerce value is the country's high internet penetration rate. Internet penetration (users per 100 inhabitants) grew from 50.8 in 2009 to 84.9 in 2013, and is expected to grow over the forecast period. Near Field Communication (NFC) technology is being increasingly adopted by payment network providers, service providers, merchants and mobile network operators in Kuwait. Visa, for example, partnered with the National Bank of Kuwait and Zain, to launch an NFC trail in October 2009. This was the first instance of NFC technology being provided in Kuwait, and offered a convenient low-value payment solution to customers. The technology is accepted by most retailers, and offers cardholders the convenience of paying for purchases using Visa PayWave terminals. Key Topics Covered: 1 Executive Summary 2 Analysis of Industry 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 13 Appendix Companies Mentioned - Ahli United Bank - American Express - Commercial Bank of Kuwait - Diners Club - Gulf Bank - Kuwait Finance House - MasterCard - National Bank of Kuwait - Visa For more information visit http://www.researchandmarkets.com/research/3f...aits_cards
Why Apple Is a Buy Because of Mobile Payments
at The Street - Thu Sep 04, 7:43AM CDT
Investors may want to go long Apple should the company announce a mobile payments strategy at its event next week, according to Barclays Capital analyst Ben Reitzes.
Cignifi Inc. Completes Series B Funding Round Led by Omidyar Network
PR Newswire - Thu Sep 04, 7:30AM CDT
Cignifi, which is helping to meet the needs of more than 1 billion people worldwide who have mobile phones but no access to formal financial services, today announced the closing of a Series B funding round. The capital raise was led by existing investor Omidyar Network, a Redwood City, CA-based philanthropic investment firm, established by eBay founder Pierre Omidyar and his wife Pam, with additional investments from American Express Ventures and other existing investors. Cignifi is based in Cambridge, MA with offices in Sao Paulo, Mexico City and Accra, Ghana.
