See Chart… Visa’s year-to-date stock performance. Visa: “I don’t know…I think we ought to be thinking about buying Home Depot, and then secondarily Visa.” See Chart… Navitas’ year-to-date stock performance. Navitas: “[sell, sell sell!] It’s not making money. In this market, they’ve got to make money…Let’s just exist Navitas.” See Chart… Cytokinetics’ year-to-date stock performance. … Read more
Mastercard told CNBC exclusively Monday that it’s partnered with Feedzai, a regulatory technology platform, to improve monitoring and blocking of fraud in crypto. Feedzai will integrate with Mastercard’s CipherTrace Armade platform, which is used to help banks monitor transactions from over 6,000 crypto exchanges for fraud. The move marks a major push from Mastercard into … Read more
A bipartisan push in Washington to clamp down on credit card fees is pitting retailers like Walmart against network payment processors such as Visa. Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year. “It’s time to inject real competition into the credit card network market, which is dominated … Read more