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Mastercard, Amazon Team to Digitize Payment Acceptance in Middle East, Africa
PYMNTS.com· 2024-09-30 19:35
Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and the United Arab Emirates.The collaboration will see Amazon Payment Services adopt Mastercard Gateway — a single touchpoint for payment processing — as a payment solution in 40 markets in the region, to allow merchants to m ...
MasterCard (MA) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-09-26 22:56
The most recent trading session ended with MasterCard (MA) standing at $491.27, reflecting a +0.37% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.6%.Heading into today, shares of the processor of debit and credit card payments had gained 3.74% over the past month, lagging the Business Services sector's gain of 4.05% and outpacing the S&P 500's gain of 1.71% in that time.A ...
Mastercard Enhances Consumer Fraud Risk Solution With AI
ZACKS· 2024-09-24 19:00
Mastercard Incorporated (MA) recently announced the updation of its AI-powered Consumer Fraud Risk solution, designed to help banks prevent consumers from real-time payment scams. This move solidifies the company's position as a leader in payment security by offering UK banks enhanced visibility into potentially fraudulent transactions, particularly those linked to Authorised Push Payment (APP) fraud.This move bodes well for Mastercard as demand for fraud and security solutions has been rising rapidly. This ...
Mastercard's Long Runway For Growth Makes It A Buy
Seeking Alpha· 2024-09-20 22:09
Mastercard Incorporated (NYSE: MA ) is winning in new markets and new verticals and benefits from the transition from cash to digital payments throughout the globe. With a long runway for global digital payments growth and increasing demand forI hold a Master's in Accounting, am a small business owner, and am an assistant investing educator for beginning and intermediate individual investors. My investing analysis focus is on identifying and developing deep knowledge of great businesses. I have helped manag ...
Mastercard and Safaricom Partner to Enhance Digital Payments in Kenya
ZACKS· 2024-09-20 18:21
Mastercard Incorporated (MA) recently announced its partnership with Safaricom to expand payment acceptance and cross-border remittance services to over 636,000 merchants in Kenya through M-PESA, Safaricom’s mobile money platform. This collaboration is expected to unlock substantial benefits for Mastercard, as Kenya’s digital payment landscape experiences rapid growth. The initial initiatives are set to launch in the coming months, furthering Safaricom’s journey to obtain its acquiring license and offering ...
Mastercard: Investing in AI and Cybersecurity to Beat Out Visa
MarketBeat· 2024-09-20 13:41
Mastercard NYSE: MA just announced an acquisition to beef up its capabilities in cybersecurity and threat prevention. It will buy Recorded Future, the world's largest threat intelligence firm. When it comes to companies deeply embedded in the payments industry, it makes sense why Mastercard spent $2.65 billion on the company.Get Mastercard alerts:Preventing Fraud Is Important Now More Than EverMastercard TodayMAMastercard$489.73 -3.28 (-0.67%) 52-Week Range$359.77▼$501.80Dividend Yield0.54%P/E Ratio38.93Pri ...
Mastercard: This Dividend Growth Monster Remains Buyable Now
Seeking Alpha· 2024-09-19 11:30
In recent years, I have put much more emphasis on investing in growth-oriented stocks than in the past. Since I am 27 years old, thisHi, my name is Kody. Aside from my four to five weekly articles here on Seeking Alpha, I am also a contributor to Sure Dividend, Dividend Kings, and iREIT on Alpha. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards financial indepen ...
2 Updates From Mastercard That Facilitate Bullish Thesis
Seeking Alpha· 2024-09-18 15:27
I've recently covered Mastercard (NYSE: MA ). I apologise to investors who are unacquainted with the business. I wouldn't like to prolong this coverage by repetitively introducing MA. Please refer to my previous article, when I presented a bullish case forWelcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I ...
Mastercard Introduces Tap & Go in Beijing for Visitors
ZACKS· 2024-09-16 18:26
Mastercard Incorporated (MA) recently teamed up with the urban rail transit system of Beijing and made an announcement that international visitors can now use Tap & Go payments at all urban rail transit stations of China's capital with overseas-issued Mastercard cards. The facility was made available for the targeted individuals from Friday. This Tap & Go service enables inbound travelers to easily access more than 10,000 gates across around 490 urban rail transit stations in Beijing without needing cash or ...
Mastercard's Cybersecurity Expansion: Analysts Highlight Synergies And Positive Revenue Impact By 2025
Benzinga· 2024-09-13 18:31
Mastercard Incorporated MA shares are trading higher today. On Thursday, the company announced that it would acquire Recorded Future for $2.65 billion, enhancing cybersecurity services with real-time threat intelligence.This acquisition enhances Mastercard's cybersecurity services, strengthening the insights and intelligence crucial for securing the digital economy, including the payments ecosystem.J.P.Morgan analyst Tien-tsin Huang writes that they see the acquisition as a positive development and note the ...