MA - Mastercard Incorporated

NYSE - Nasdaq Real Time Price. Currency in USD
+2.13 (+0.79%)
As of 3:58PM EDT. Market open.
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Previous Close271.17
Bid273.07 x 900
Ask273.11 x 1300
Day's Range270.00 - 273.74
52 Week Range171.89 - 293.69
Avg. Volume3,389,403
Market Cap277.284B
Beta (3Y Monthly)0.86
PE Ratio (TTM)42.16
EPS (TTM)6.48
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & Yield1.32 (0.49%)
Ex-Dividend Date2019-07-08
1y Target Est310.56
Trade prices are not sourced from all markets
  • 3 Payment Stocks Riding on Rising Consumer Spending

    3 Payment Stocks Riding on Rising Consumer Spending

    The consumer spending report, released at the end of August by the Commerce Department, showed solid numbers, with a gain of 0.6% in July on top of the confirmed 0.3% gain in June. The growth was reassuring, as consumer spending makes up two-thirds of US economic activity, and consumption has been the driver of overall economic growth. As long as people are going out and making purchases, the economic picture will remain positive.Solid consumer spending, and its economic impact, benefits some sectors more than others. Payment processors, the middlemen between consumers and merchants, stand to make particularly strong gains in an environment of steady spending growth. And they are. We dove into the TipRanks database and found several payment processor stocks that have shown consistent long-term gains in line with increasing consumer spending. Mastercard, Inc.The world’s second-largest credit card processor, by market cap, Mastercard (MA – Get Report) is having a good year. The stock is up 276% over the past five years, 43% year-to-date, and the company regularly beats the forecasts on its reported quarterly earnings. In the short term, the three-month share price gain of 2.6% is more modest but still shows growth.The company’s growth is riding on fee income, generated by consumer purchases. Mastercard does not actually issue the credit cards that bear its logo; rather, it collects royalties and fees on the card issuance and use. The company collects on the other end, too, charging merchants for processing payments. It’s a robust business model, and Mastercard’s revenues have gained an average of 17% per quarter over the last two years.Wall Street’s analysts are bullish on MA. 4-star analyst Lisa Elis, of MoffettNathanson, is impressed by the company’s plans to tap into the B2B and bill payment markets, which she estimates as $125 billion and $4 trillion annually. She says, “New Payment flows are, in our view, the single largest source of potential upside to Mastercard’s earnings outlook and stock performance over the long term (3-5+-years)—upside that is not captured in current consensus.” Her price target on MA, $320, suggests 18% for that upside.JPMorgan’s Tien Tsin Huang gives MA a $322 target, writing, “We like the durability and momentum in the business and continue to recommend MA as a core holding. We remain confident MA can achieve reiterated high-teens EPS guidance through the FY19-21 cycle.” His target also implies an upside of 18%.Mastercard has a unanimous analyst consensus, with 19 buy ratings assigned in the last three months. Shares in MA sell for $271, and the $317 average price target suggests an upside of 16%. Fidelity National Information ServicesSome companies process payments directly; Fidelity National (FIS – Get Report) inhabits a slightly different niche, providing software, services, and tech outsourcing for 20,000 clients in the global retail and banking sectors.Like Mastercard, Fidelity National has benefited from the strength of its customer base and business model. The company consistently meets or beats its quarterly earnings expectations, and the stock has gained 151% over the past five years. It is up 28% year-to-date, and the three-month gain of 7.3% shows that its momentum is continuing. From an investor’s perspective, the steady gains are supplemented by a 1.06% dividend yield, paying out $1.40 per share annually.This past spring, FIS acquired Worldpay, a leader in digital payment processing and a major provider of the software technology that makes credit card transactions possible. FIS CEO Gary Norcross said of the acquisition, “Scale matters in our rapidly changing industry. As a combined organization, we will bring the most modern solutions targeted at the highest growth markets.”More recently, FIS has been attracting plenty of positive attention from Wall Street analysts. On September 5, KeyBanc’s Josh Beck upgraded his stance on the stock from neutral to buy, writing, “eCom and B2B initiatives could upscale growth and drive a positive re-rating. We see the company as strategically positioned for sustainable merchant share gains, B2B monetization, and accretive capital allocation…” Beck’s $175 price target suggests an upside of 32% for this stock.Kunaal Malde, of Atlantic Equities, also gives FIS a $175 price target. He notes that the company is a preferred name among US payments, and that the stock is “positive on accelerating growth profile.”FIS holds a Strong Buy from the analyst consensus, based on 17 ratings that include 15 buys and 2 holds. The average price target of $153 implies an upside of 16% from the current share price of $131. Fiserv, Inc.Fiserv (FISV – Get Report) has been a player in global financial services since 1984. The company provides technology solutions for banks, credit unions, securities brokers, and retailers, and reports $5.9 billion in annual revenues.Since the end of August, FISV has received two upgrades from top analysts. On August 25, Ashwin Shirvaikar, from Citigroup, noted the company’s recent acquisition of First Data and said, “The stock of the combined company offers a good idea in a volatile market.” He moved his rating from neutral to buy, and also raised his price target by 56%, to $124. His new price target suggests a 19% upside to the stock.Shares in FISV have risen along with the company’s income and profile. The last five years saw a 225% appreciation, and the year-to-date gain is an impressive 41%. FISV is up 14% in the last three months, a clear sign of continuing success.Josh Beck, quoted above on FIS, is also bullish on FISV. He upgraded his stance to buy earlier this month, writing, “…a unique combination of technology assets could stitch together new commerce experiences. Further, the company is equipped to effectively bundle, reduce costs, and innovate with improving capital flexibility.” Beck $120 price target indicates confidence in a 15% upside.FISV’s Strong Buy consensus rating is based on 13 buys and 2 holds given in the last three months. The stock has an average price target of $116, which implies an 11% upside from the share price of $103.Visit TipRanks’ Analysts’ Top Stocks page, and find out what other stocks the Street’s top analysts are looking at.

  • Mastercard Introduces the First Taste of Priceless
    Business Wire

    Mastercard Introduces the First Taste of Priceless

    In conjunction with the inaugural New York Times Food Festival on October 5–6, 2019, presenting sponsor Mastercard introduces two bespoke macaron flavors, Passion and Optimism, in the latest manifestation of its multisensory brand expression. Arriving on the heels of the launch of its first flagship restaurant, PRICELESS, in New York City, it is a sweet extension of Mastercard’s long history of catering to consumers’ culinary passions.

  • Visa (V) Expands B2B Connect for Safe and Fast Transactions

    Visa (V) Expands B2B Connect for Safe and Fast Transactions

    Visa (V) expands its B2B Connect network to more countries and facilitates cross-border corporate payments.

  • Fintech Companies To Buy And Watch: Apple Launches New Credit Card
    Investor's Business Daily

    Fintech Companies To Buy And Watch: Apple Launches New Credit Card

    There are many emerging fintech companies in which to invest. Digital payment technology is changing the competitive landscape in fields like e-commerce, payment networks and banking.

  • MasterCard (MA) Stock Moves 0.23%: What You Should Know

    MasterCard (MA) Stock Moves 0.23%: What You Should Know

    MasterCard (MA) closed the most recent trading day at $275.72, moving +0.23% from the previous trading session.


    Mastercard Stock Will Rise Because of Its New Business-Payments Offerings, Analyst Says

    New initiatives into business-to-business payments will drive the company’s stock higher, according to MoffettNathanson analyst Lisa Ellis.

  • Goldman Sachs: 4 Conviction Buy Stocks To Snap Up Now

    Goldman Sachs: 4 Conviction Buy Stocks To Snap Up Now

    Goldman Sachs has a special rating for stocks which it holds in particularly high regard. This is called a ‘Conviction Buy’ rating. The firm’s prized list of Conviction Buy stocks reveals the stock picks that the investment bank's research team expects to outperform. That’s particularly useful for investors looking for fresh investing inspiration in the face of current market volatility. Here we take a closer look at four stocks that have made it to the firm’s list of top stock ideas. Does the rest of the Street have an equally bullish outlook on these names? Interestingly, all of the stocks covered have received only buy ratings from the Street in the last three months. So no hold or sell ratings here. Let’s take a closer look at what’s keeping analysts on-side now… Comcast Corporation Shares in this cable giant are up 37% year-to-date, and analysts believe further growth lies ahead. Ten analysts have published recent buy ratings on Comcast (CMCSA – Get Report), with Goldman Sachs’ Brett Feldman going so far as to double-upgrade CMCSA all the way from Hold to Conviction Buy. Thanks to "healthy fundamentals across its key businesses”, Feldman foresees "strong growth" over the next three years with annual earnings growth of 11%, free cash flow per share of 12% and dividends of 15%. At the same time, five-star Oppenheimer analyst Timothy Horan has just upgraded Comcast from Hold to Buy. Like Feldman, he has a $54 price target, which translates into upside potential of 16%. So what’s the reason behind his bullish transition on the stock? The analyst referred to a triple whammy of broadband strength, underestimated ad revenue, and secular cable improvements. “Fundamentals are healthy in the near-term, and we think 2020 is setting up to be a strong year.” Horan stated. “Cable margins should continue to expand as revenue mix shifts to higher margin broadband (estimated 70% adj. EBITDA margins) vs. video (estimated 20% margins).” Voya Financial IncBased in New York, Voya Financial (VOYA – Get Report) is a retirement, investment and insurance company serving over 13 million customers. On September 12, Goldman Sachs’ Alex Scott upgraded VOYA from Buy to Conviction Buy, citing three key reasons: 1) the possibility of a takeover; 2) potential upside to capital return from life redundant reserve refinancing; and 3) exposure to low interest rates more fully reflected in the valuation. Indeed, the analyst’s Street-high price target of $85 indicates substantial upside potential from current levels of 56%. Note that shares have already surged 35% year-to-date. Meanwhile Morgan Stanley’s Nigel Dally has just met up with Voya management. He left the meetings reassured of his bullish outlook on the company, reiterating his buy rating and $63 price target. The analyst stated "We continue to highlight Voya as one of the most compelling investment opportunities in the life and annuity industry following time on the road through Europe with management. Despite the somewhat disappointing second quarter earnings and lower earnings run-rate, we feel the future prospects for attractive growth and ROE expansion are stronger than what is reflected in the current stock price." Mastercard IncAll eighteen analysts covering Mastercard (MA – Get Report) rate the stock a buy right now. But Goldman Sachs has gone one step further. The firm’s James Schneider has now kept a Conviction Buy rating on Mastercard for over a year. He upgraded the stock to best idea status on September 17 2018, writing at the time that Mastercard is catalyzing the next growth horizon in business-to-business (B2B) payments. "We believe the B2B market represents the next growth horizon for the payments industry and think Mastercard is the best positioned given its multifaceted product approach," Schneider said in a research note. In fact, Goldman Sachs has calculated that B2B payments will represent a whopping $950 billion annualized opportunity for payment stocks. More recently, Schneider reiterated his MA buy rating after management reaffirmed its 2019 guidance. Following the recent earnings call, the analyst told investors that he is optimistic the stock will continue to soar. Shares are already up 46% year-to-date- while the average analyst price target indicates a further 15% upside lies ahead. Bio-Rad Laboratories According to the Street, Bio-Rad (BIO – Get Report) offers attractive exposure to Life Science Tools at a reasonable valuation. With annual sales of $2.2 billion, BIO is among the top five life science companies in the world. And now Goldman Sachs analyst Patrick Donnelly has upgraded Bio-Rad to the Conviction Buy list, citing improving execution and undervalued fundamentals. Looking forward, Donnelly is confident BIO can outperform second half guidance due to strong organic growth, easing comps, margin expansion initiatives, limited maco headwinds and capital deployment. He maintained a $400 price target- indicating 20% upside potential from current levels.In the last three months, only one other analyst has published a rating on BIO stock. That analyst is Barclays’ Jack Meehan. His buy rating comes with a $380 price target- up from $350 previously. “We continue to believe that Bio-Rad has substantial long-term opportunity ahead, and believe there is good visibility into high-teens EPS growth” comments Meehan. He made the call after Bio-Rad delivered solid 2Q19 results, with a notable EPS beat and strong operational discipline. Year-to-date, the stock has rallied 45%. Discover Wall Street’s most loved stocks with the Top Analysts’ Stocks tool

  • Factors Likely to Drive Mastercard's (MA) Long-Term Growth

    Factors Likely to Drive Mastercard's (MA) Long-Term Growth

    Mastercard (MA) is well positioned for growth on the back of increasing adoption of electronic payments, use of new payment rails, and service and product expansion.

  • WEX Launches FI and Aggregator Dedicated Business Segment

    WEX Launches FI and Aggregator Dedicated Business Segment

    The move is part of WEX's efforts to enhance its FI partners' capabilities by enabling them to expand payment offerings.

  • Visa’s Investment Shows Plaid Could Replace Libra in Fintech Space

    Visa’s Investment Shows Plaid Could Replace Libra in Fintech Space

    Visa (NYSE:V), seeking entrance into the center of 21st century banking, has joined MasterCard (NYSE:MA) in taking a stake in fintech startup Plaid. Plaid writes application program interfaces that act as the infrastructure beneath bank accounts. This lets it power customer-facing fintech specialists like PayPal's (NASDAQ:PYPL) Venmo, Robinhood, Chime and Betterment.Source: Shutterstock Enabling new banking services could make Plaid a sort of Microsoft (NASDAQ:MSFT) for the fintech age -- an operating system for computerized banking.Plaid has attracted $310 million in financing. Its most recent funding round valued it at $2.7 billion. Other backers include Goldman Sachs (NYSE:GS), Citigroup (NYSE:C) and American Express (NYSE:AXP).InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut it's Visa and MasterCard, which have a joint value of almost $700 billion, that are the real get. They have global scale, brand names and good reputations for security and reliability. Battling AlibabaPlaid is ranked as the eighth largest fintech startup. The list is led by credit card issuer Stripe and includes SoFi, a lender whose name will grace the new Los Angeles football stadium. Fintech companies raised a total of nearly $40 billion last year.Fintech startups are trying to get around the high costs of working with the present banking system. Visa and Mastercard are part of that. But Visa and Mastercard are also trying to get around those costs, seeing the growth of chat-based Chinese payment systems from Alibaba (NYSE:BABA) and Tencent Holding (OTCMKTS:TCEHY). * 7 Momentum Stocks to Buy On the Dip There was an assumption that Facebook's (NASDAQ:FB) Libra -- a cheaper payment system riding on FB's data network -- might be the first to escape the high costs. Both Visa and MasterCard were part of Libra's 28-member founding group announced in June. But there are increasing doubts that financial regulators will allow Libra to launch, as many fear Facebook's size. These regulators seem to have no such fears regarding the payment processors. The Fintech StackThe investment in Plaid, which already serves cryptocurrency companies like Coinbase, brings Visa and MasterCard closer to the new financial world's operating system.Fintech is building a new financial payments stack. Right now, most of the value in the stack is in the loans it creates or the investments it enables. But as the software stack evolves, history shows that it's the company at the bottom of that stack that gains the most power, as Microsoft did starting in the early 1990s.Plaid CEO Zach Perret said his goal is to create a digitized financial system. Visa executive Bill Sheedy said his strategic goal is more important than the financial investment.That strategic goal increasingly looks like a bank. Verifying users and account balances is key to enabling loans, payments and investment -- essentially all the functions of banks like JPMorgan Chase (NYSE:JPM). Visa stock's market cap exceeded that of JPMorgan just in the last year. Many Plaid customers compete directly with banks like JPMorgan. The Bottom Line for Visa Stock and PlaidWhile Visa's payment network has proven to have enormous financial power, it still faces challenges. It can charge merchants up to 3% of a transaction's cost to process through its network. The money is soaked up by processors and banks that are part of the Visa stock network.These payment networks won't work in developing nations. The cost is too high for small merchants to bear. Instead of staying with cash, many are moving to cheaper fintech alternatives that can run through customers' mobile phones.Whether these merchants will stay with Chinese and Indian payment systems, or seek Western alternatives to access Western wallets, remains an open question. The Plaid investment shows just how desperate Visa and Mastercard are to answer that question in the affirmative.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT, BABA and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Visa's Investment Shows Plaid Could Replace Libra in Fintech Space appeared first on InvestorPlace.


    Buy Mastercard Stock for Its Strong Profit Growth, Analyst Says

    Mastercard stock will rise due to the payments company’s solid growth prospects, according to J.P. Morgan.

  • Business Wire

    Mastercard Board of Directors Announces Quarterly Dividend

    Mastercard Incorporated (MA) today announced that its Board of Directors has declared a quarterly cash dividend of 33 cents per share. The cash dividend will be paid on November 8, 2019 to holders of record of its Class A common stock and Class B common stock as of October 9, 2019. Mastercard (MA),, is a technology company in the global payments industry.

  • Facebook’s Reputation May Cause Libra to Fail

    Facebook’s Reputation May Cause Libra to Fail

    The negative reputation of Facebook (NASDAQ:FB) looks increasingly likely to stifle its efforts to build out the Libra cryptocurrency. Despite having a 28-company consortium behind it and Facebook's efforts to reassure governments that its mobile money complies with regulations, resistance to FB's involvement seems to be hardening.Source: justplay1412 / Facebook has created a $533 billion market cap in 15 years, compared to the $378 billion JPMorgan Chase (NYSE:JPM) created in 150 years. FB built its market cap on a network of cloud data centers and free consumer services.A joint statement from French and German regulators seems unequivocal. "We believe that no private entity can claim monetary power, which is inherent to the sovereignty of Nations," representatives from the two nations wrote. European governments say they want a stable cryptocurrency, but only a cryptocurrency that they control.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Is Facebook's Libra a Threat to Banking?The Libra Association consists of 28 founding members, including Visa (NYSE:V), Mastercard (NYSE:MA) and PayPal (NASDAQ:PYPL). Those three companies alone have a market cap of over $800 billion. Visa, like Facebook, is worth more than JPMorgan Chase. Payments, traditionally the job of banks, already circulate through dedicated payment networks.In theory, Libra is just a cheaper way of processing transactions. Libra coins would be tied to existing currencies and processed like credit card transactions. But transaction details wouldn't enter the world of "real money," so merchant fees would be eliminated. * 7 Momentum Stocks to Buy On the Dip The problem is that Calibra, a unit of Facebook, would handle the wallets. This seems to be behind government rejection of Libra. Regulators fear that the popularity of Facebook services, which already reach nearly two billion people, would allow it to create its own banking system. U.S. regulators also fear that Libra could be used by terrorists or as a money laundering instrument.Banks, strictly regulated by governments, are not part of the Libra group or process. JPMorgan Chase has its own coin, dubbed JPM Coin, and customer trials are underway. Big traders are getting the benefits of stable coins. Small merchants and consumers are not.Government resistance is spooking some Libra backers, who are thinking of walking away. Facebook, meanwhile, is tired of being the only company sticking its neck out. The Payment World TurnsMeanwhile, the payment world continues to turn.Alibaba (NYSE:BABA) and Tencent Holding (OTCMKTS:TCEHY) already have cost-effective, chat-based payment systems. India's Unified Payments Interface is increasingly popular. Indian mobile wallets, some backed by Alibaba, are accepted by African merchants. European banks are working with these African payment networks rather than rejecting them.Other cryptocurrencies are jumping into the payments space, claiming to be Libra's competitors. None are likely to gain traction, because they lack market penetration. But they could serve as guinea pigs for banks that want to operate cryptocurrency. One, or several, might then be acquired by banks or other payment processors and slowly scaled to compete. The Bottom Line on FB Stock and LibraTransaction processing systems have a First World problem. Their costs are only acceptable in the First World.Many nations can't afford the fees that Visa and Mastercard charge through local banks. Facebook promised such a mechanism to avoid high fees. Facebook has a global, scaled, cloud-based data network on which low-cost transaction processing services could ride. This would in theory allow Visa and MasterCard to compete with the Chinese and Indian payment groups.But Facebook's leadership of Libra frightens governments. Nations see Facebook as a threat to government sovereignty in a way that Visa and Mastercard are not.Before Libra can get going, Facebook may have to take a back seat in its own invention.Dana Blankenhorn is a financial and technology journalist. He is the author of the environmental story, Bridget O'Flynn and the Bear, available at the Amazon Kindle store. Write him at or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in BABA and JPM. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Facebook's Reputation May Cause Libra to Fail appeared first on InvestorPlace.

  • Is SQ Stock Ready to Bounce Back?

    Is SQ Stock Ready to Bounce Back?

    Square (NYSE:SQ), the San Francisco based payment processor, had been on a roll. Since its initial IPO in November 2015 with the SQ stock price at $58, investors who got in early rode the price up to over $101 in September 2018. Since then, however, it has been an all-downhill roller coaster.Source: Jonathan Weiss / Square stock recently closed back down to the IPO price of $58, and may yet again test its all-time low of $49. The underlying technology for Square stock by all accounts is undoubtedly sound. The market may be cool on SQ stock, but customers like the service.Square has steady increased top-line revenues every year. In fact, from the pre-IPO days of the creation of Square by Twitter (NYSE:TWTR) founder Jack Dorsey back in 2011, revenues have increased more than 15-fold. However, Square stock has yet to generate positive net income.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Tech Stocks You Should Avoid Now As the hard-pressed investors of Uber (NASDAQ:UBER) stock know all too well, dazzling technology and great top-line revenue growth are all swell. But if there is no positive net income in sight and losses keep growing by staggering amounts, there is no reason to hold the stock.Despite robust sales growth, just within days after reporting disappointing second-quarter earnings announced on Aug. 1st, Square stock dropped around 40%. Similarly, the shares of Visa (NYSE:V), MasterCard (NYSE:MA), and PayPal (NASDAQ:PYPL) - comparative payment processors - have also been struggling in the market.When it comes to the tech sector nowadays, investors are getting tired of talk and want to see some beef on the bones in terms of bottom line earnings. Or they vote with their feet.With the massive sell-off in SQ stock, will the bears finally back off?Here are two reasons why Square is now becoming a great value play in the FinTech sector. Free Stock Trades Will Drive New Revenues, Enhance SQ ValuationAccording to a recent report in Bloomberg, Square is in the initial stages of testing a new feature allowing users of its Cash App service to buy and sell listed U.S. equities for free. A free stock trading functionality would put Square into direct competition with Robinhood, an online broker launched as a smartphone app in 2014. Backed by the venture capital firm Sequoia Capital, Robinhood is valued at approximately $7.6 billion.Many skeptics will wonder what the point is about spending heavily to launch and maintain a free service. As many analysts of the online brokerage wars know all too well, free stock trades are akin to a bar offering free salty peanuts to customers. After eating the free peanuts, those customers soon pony up the cash to buy expensive drinks. The trading of stocks may be free, but everything else comes at a price.Robinhood, for example, will charge a premium for offering investors telephone advice, foreign stock transactions, interest on uninvested cash holdings, as well as interest on margin loans. Robinhood will also sell to a captive market other high margin financial products such as credit cards, insurance and auto loans. Similarly, for Square, offering users free stock trades will attract more users and drive more volume and thus revenues to their payment processing services.Offering free stock trades will not be the first free service for Square. In their recent earnings statement, Square noted that they offer their existing Cash App clients peer-to-peer cash transfer service for free as a marketing tool to drive new business. SQ Is Best in Class Infrastructure - And Getting BetterMobile payments processing is still a nascent industry just at the beginning of growth. According to the consulting firm McKinsey, the global payments industry is a $1.9-trillion business. Much like Amazon (NASDAQ:AMZN) and Twitter in the early years, Square admittedly is less concerned with profitability and far more concerned with building their engineering platform to compete and win in the market against the giants of the financial services industry.According to the most recent earnings release for the second quarter of 2019, product development expenses for Square stock were $174 million in the second quarter of 2019, up 52% year-over-year. This increase was driven primarily by costs related to engineering, data science, and technical design.In short, Square is spending heavily on technology to out-build and beat the competition for the future of the industry. Bottom Line on SQ StockThere is certainly no shortage of deep-pocketed competitors in the payment processing business. In fact, recent months have seen Facebook (NASDAQ:FB) and JP Morgan Chase (NYSE:JPM) announce major new investments in their payment solutions offering.Yet, Square stock has been showing a decent support level at the $50 to $52 range. Square stock represents a proven and solid value play in what is usually a risky and overvalued FinTech sector.At the time of writing, Theodore Kim, CFA, holds no position in any of the stocks mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Is SQ Stock Ready to Bounce Back? appeared first on InvestorPlace.

  • Benzinga

    Meet MyGini: A White Label App For Loyalty Programs

    Benzinga is highlighting nominees for the fifth annual Benzinga Fintech Awards ahead of the event on Nov. 19 in New York City.  The Company MyGini is a payments and shopping app that is bridging the gap ...

  • Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis
    Yahoo Finance

    Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis

    Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.

  • S&P 500 buybacks decline significantly in Q2 2019; expenditures still remain higher than the pre-2018 levels
    PR Newswire

    S&P 500 buybacks decline significantly in Q2 2019; expenditures still remain higher than the pre-2018 levels

    - Q2 2019 share repurchases were $164.5 billion - 20.1% lower than Q1 2019, 13.7% lower than Q2 2018, and 26.2% lower than the record Q4 2018. - Apple continues to lead, spending $18.2 billion - down from ...

  • Business Wire

    Mastercard and Bank of America Launch Third Annual Grow Your Biz Contest

    Seventy percent of mentored small businesses survive past the five-year mark—nearly twice the rate of non-mentored businesses [1]. As part of a shared commitment to empower small businesses, Mastercard and Bank of America are announcing the third annual Grow Your Biz Contest, which calls on small business owners to pitch their business growth plans for the opportunity to win $25k and business consultation with industry experts [2]. “We’re excited to partner with Mastercard for the third year of this contest and look forward to working with creative and passionate business owners from all over the country,” said Sharon Miller, head of Small Business, Bank of America.

  • Reuters

    Fintech company Plaid discloses investments from Visa, Mastercard

    The fintech startup, whose technology lets people connect their bank accounts to mobile apps like Venmo, did not disclose the size of Visa and Mastercard's investment in a statement announcing the deal. "Financial services is in the midst of a digital revolution, led by the fintech market," Zach Perret, Plaid's chief executive officer, said in the statement.

  • Facebook Faces EU Scrutiny, France & Germany to Block Libra

    Facebook Faces EU Scrutiny, France & Germany to Block Libra

    Facebook's (FB) Libra cryptocurrency is facing enhanced scrutiny from central bankers and government regulators, worldwide.

  • Visa Allows Real-Time Insurance Claim Payout Via Visa Direct

    Visa Allows Real-Time Insurance Claim Payout Via Visa Direct

    Visa (V) via its platform Visa Direct enables real-time insurance claim disbursements to claimants' bank accounts.

  • MasterCard (MA) Stock Moves -0.02%: What You Should Know

    MasterCard (MA) Stock Moves -0.02%: What You Should Know

    MasterCard (MA) closed the most recent trading day at $276.34, moving -0.02% from the previous trading session.

  • Benzinga

    The Cannabis Company Backed By Jay-Z And Joe Montana Gets New Execs, Board Members

    Caliva, one of the largest vertically integrated cannabis companies in California, announced this week it has added a new board member, Jeffry R. Allen, and three new executive team members: Joseph Sequenzia, ...

  • Mastercard announces blockchain cross-border payment partnership with R3

    Mastercard announces blockchain cross-border payment partnership with R3

    Visa made a similar announcement this week