-
Discover Financial Reports Better-Than-Expected Q1, Expects Capital One Merger To Close In May
Wednesday, April 23, 2025 - 5:18pm | 521Discover Financial Services (NYSE:DFS) released its first-quarter results after Wednesday's closing bell. Here's a look at the key details from the quarter. The Details: Discover reported quarterly earnings of $4.25 per share, which beat the analyst consensus estimate of $3.39 by 25.37%....
-
Massive Data Breach Exposes Millions of Credit and Debit Cards—Is Your Account Safe?
Sunday, December 29, 2024 - 3:45pm | 396In a significant data security incident, 5 million credit and debit card numbers, along with customers’ financial records and personal details, have been exposed, raising the risk of financial fraud and identity theft for millions of Americans. What Happened: The data security company Leakd ...
-
PayPal Ventures Into In-Person Payments With Apple Pay Integration And Cashback Rewards
Thursday, September 5, 2024 - 9:54am | 491In a bold move to penetrate the U.S. point-of-sale (POS) payments market, PayPal Holdings Inc (NASDAQ:PYPL) is integrating its debit card with Apple Inc.‘s (NASDAQ:AAPL) mobile wallet and offering different cashback rewards. What Happened: This move is part of a strategic shift led by new...
-
Despite Expanding Partnerships, Binance Sees Hit To Presence In Europe After Discontinuing Visa Debit Card
Saturday, October 21, 2023 - 10:44pm | 498In yet another step that will curtail its European presence, Binance (CRYPTO: BUSD) announced that it will not offer its Visa (NYSE: V) debit card in Europe anymore. Existing holders of the European Economic Area card will have access until Dec. 20, as the company revealed in its blog post. Binance...
-
Chase's Crypto-Related Transactions Ban In UK: A Sign Of The Times — Or A Sign Of Weakness?
Tuesday, September 26, 2023 - 2:49pm | 493JP Morgan Chase & Co (NYSE: JPM), the prominent banking institution, decided to halt cryptocurrency-related transactions for its U.K. clientele starting Oct. 16, according to a recent communication to its users. The bank stated, "If we think you're making a payment related to...
-
Visa, ADP Partner To Unveil New Direct Deposit Option Via Debit Card
Thursday, February 18, 2021 - 6:28pm | 386On Thursday, Visa Inc (NYSE: V) and Automatic Data Processing Inc (NASDAQ: ADP) announced a partnership to provide flexible payment options to ADP’s clients. What Happened: ADP is a provider of human capital management solutions with more than 860,000 clients. Visa...
-
Nomura Turns Incrementally Bullish On Square After Free B2B Debit Card Launch
Thursday, January 24, 2019 - 4:09pm | 375The evolution of Square Inc (NYSE: SQ) from its roots as a card payment hardware company continued last week with the launch of Square Card, a free business debit Mastercard that gives Square clients instant access to their funds. The Analyst Nomura Instinet's Dan Dolev maintains a Buy rating...
-
Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
-
Oph Topik: "We're Going To Steal Your Money!"
Friday, September 30, 2011 - 3:00pm | 450For some odd reason, a lot has been made about Bank of America charging a $5 debit card fee. For the benefit of my readers, who I hope don't receive the charge, I'd like to point out a few things. Recall that I worked for Wells Fargo Bank NA for over 5 years, so I have a few tricks of my own in...
-
Funding A Call for VISA
Wednesday, December 22, 2010 - 5:05am | 875Investors are now becoming familiar with the story of Master Card (NYSE: MA) and Visa (NYSE: V) being pummeled by the Fed's proposal to cut interchange rate drastically for debit cards. To recap, Federal Reserve on December 16 announced the proposal to place a cap on the interchange fees banks...