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INX:MA, Mar 18, 04:49 UTC

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Friday, March 15


News

MasterCard Stock Is A Buy, But Is It A Better Buy Than Its Card Peers?

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Mastercard‘s (NYSE:MA) battle with long-time archrival Visa (NYSE:V) continues, with a win in the bidding for fintech firm Transfast. Coming in the wake of losing out in an effort to purchase a similar company, cross-border payments network provider Earthport, MA stock investors can be confident the payments processor is doing all it can to remain competitive. In this industry, investors should not ask if they should buy Mastercard stock; they should find out if it or one of its peers would bring more profit? With MasterCard buying Transfast and Visa presumably winning the bidding war to acquire Earthport, both firms get better access to bank accounts and ACH networks globally.

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Thursday, March 14


News

Wedbush Incrementally Bullish On MasterCard, Visa

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Wedbush is bullish on Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) after the credit card networks' quarterly reports. Wedbush's Moshe Katri maintained an Outperform on Visa with a price target lifted from $150 to $162. Visa has multiple growth and scale catalysts as it exits its first-quarter report, including the rise of electronic payments at the expense of cash and checks; favorable European regulations; volume growth from mobile payments; and ACH-based revenue growth opportunities, according to Wedbush. Mastercard similarly reported a top-and-bottom-line beat in a fourth-quarter print highlighted by 15-percent year-over-year revenue growth, 15-percent incentive growth, 15-percent growth in domestic assessments and 13-percent growth in cross-border volume fees, Katri said in a Thursday note.

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Social Chatter

MasterCard Inc (INX:MA) social chatter is higher than usual

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U.S. is considering sanctions that could prohibit Visa, Mastercard and other financial institutions from processing transactions in Venezuela - senior U.S. official https://t.co/0PxjUM1GBy

Wednesday, March 13


News

Mastercard (MA) to Acquire Ethoca to Enhance Cyber Strategy

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This in turn, enables fast detection and cracking of forgery in digital trade. When a fraudulent activity is exposed, merchants are informed immediately so that they can confirm the unethical transaction, reverse it or stop delivery, thereby reducing malpractices at the source. The acquired company’s products would allow Mastercard to stay focused on its commitment toward enhancing protection in the digital space. Purchasing Ethoca is an addition to its wide array of fraud management and security products.Mastercard aims to include Ethoca’s capabilities in its present security activities, data insights and artificial intelligence solutions, which would stop false declines and fake purchases even more.This deal is yet another accretion to Mastercard’s multilayered cyber strategy, which would benefit customers.Per Juniper Research, retailers are expected to suffer a loss of 130 billion in online deception over the next five years. It is also spending on tokenization technology with its Mastercard Digital Enablement Service (MDES), which supports contactless payments and Digital Secure Remote Payments.The company announced that it will have token services on all its cards by 2020, assisting consumers to store credentials with merchants without revealing their actual card details.Shares of this Zacks Rank #3 (Hold) company have rallied 25.4% in a year’s time, outperforming the industry’s growth of 14.3%.

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News

Comdata Announces New Mastercard Portfolio and First Mobile Fuel Transaction

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Comdata, a FLEETCOR company (FLT), and leader in corporate payment innovation, today introduced a new Mastercard portfolio that offers expanded purchase capabilities and simplifies expense management for businesses. The Comdata Mastercard portfolio supports FLEETCOR’s Beyond Fuel initiative which addresses the payment needs of businesses by controlling broader purchasing categories including maintenance, construction supplies, travel and general expenses. The refreshed Mastercard portfolio offers a streamlined experience by enabling both fuel and non-fuel related expenses with a single payment solution while retaining employee spend controls. Tailored to the needs of small-to-medium sized businesses, the Comdata Business Expense card is intended for managers and employees in the field responsible for buying goods or services for a business, such as supplies, equipment, meals, etc.

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Tuesday, March 12


News

Mastercard to acquire Toronto-based fintech company Ethoca

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TORONTO — Mastercard says it will acquire Toronto-based fintech Ethoca, which helps merchants and card issuers collaborate to identify and resolve fraud in digital commerce. The global payment processing company did not disclose the terms of the deal, which it expects to close during the second quarter of this year. Through Ethoca’s technology, when a fraudulent transaction is identified, information is sent to merchants to enable them to confirm the transaction, stop delivery or reverse it to avoid a chargeback, which is the return of funds to the customer. Mastercard has made several security-focused acquisitions in recent years, including a deal to acquire Vancouver-based fintech NuData Security announced in March 2017.

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News

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

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Mastercard (MA) today announced it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce. The Ethoca suite of products adds to Mastercard’s commitment to drive greater protection in the digital space, integrating with its robust suite of fraud management and security products. Today, the Ethoca network brings together more than 5,000 merchants and 4,000 financial institutions around the world. When a fraudulent transaction is identified, near real-time information is sent to the merchant so they can confirm the transaction, stop delivery or reverse the transaction to avoid the chargeback process. As a result, both merchants and card issuers benefit from lower operational costs by reducing fraud at the source. Mastercard intends to further scale these capabilities and combine Ethoca with its current security activities, data insights and artificial intelligence solutions to help merchants and card issuers more easily identify and stop potentially fraudulent purchases and false declines.

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Monday, March 11


News

MasterCard (MA) Outpaces Stock Market Gains: What You Should Know

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In the latest trading session, MasterCard (MA) closed at $225.64, marking a +1.7% move from the previous day. Heading into today, shares of the processor of debit and credit card payments had gained 3.69% over the past month, outpacing the Business Services sector's gain of 3.34% and the S&P 500's gain of 1.5% in that time. Investors will be hoping for strength from MA as it approaches its next earnings release. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.89 billion, up 8.68% from the year-ago period.

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News

The Zacks Analyst Blog Highlights: Microsoft, Mastercard, General Electric, Target and Brown-Forman

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Stocks recently featured in the blog include: Microsoft MSFT, Mastercard MA, General Electric GE, Target TGT and Brown-Forman BF.B. Today's Research Daily features new research reports on 16 major stocks, including Microsoft, Mastercard and General Electric. The Zacks analyst thinks Microsoft is benefiting from growing user base of its different applications like Office 365 commercial, Dynamics, Outlook mobile and Teams. The Zacks analyst thinks the company is poised for growth, given its solid market position, ongoing expansion and digital initiatives, plus significant opportunities from the secular shift toward electronic payments.

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News

Mastercard to Acquire Transfast, Expand Cross Border Business

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The deal is likely to expand the company’s connectivity worldwide in the account-to-account space, enhance compliance capabilities and enable it to offer superior foreign exchange tools. Mastercard’s Mastercard Send solution for business-to-business (B2B) and person-to-person (P2P) payment services is already supported by Transfast. The deal will aid the company’s cross border business which has been witnessing growth as evident from an increase of 17%, 13% and 12% in 2018, 2017 and 2016, respectively. Recently, the company launched Mastercard Track, which solves key challenges in the procure-to-pay process, including managing supply chain risk and creating more transparency in the B2B payments process.

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