American Express Company (AXP)’s Prepaid Cards, Mastercard Inc (MA) & Visa Inc (V)’s Antitrust Settlement

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Visa Receives “Outperform” Rating from Zacks (V) (MideastTime)
Visa Inc (NYSE:V)‘s stock had its “outperform” rating reaffirmed by Zacks in a research report issued to clients and investors on Tuesday, American Banking News reports. They currently have a $2.00 price objective on the stock. Zacks‘ price target would indicate a potential downside of 98.87% from the company’s current price. Zacks‘ analyst wrote, “Aura officially launched in Canada and Europe. Initial sales commenced in Q1.

Membership Rewards Drive Long-Term Growth (Fool)
Companies have long offered incentives to consumers in an effort to drive revenues and help the bottom line. Buy one, get one free, buy three tires get the fourth for free, etc… For over 160 years American Express Company (NYSE:AXP) has dedicated itself to offering its customers superior service that has allowed the company to build its reputation as a leader in the financial industry. Today the company’s 102.4 million card holders which generate over $888 billion in annual purchase volume on American Express Company (NYSE:AXP) cards, bolstering the company top line.

Beware of the pitfalls of public WiFi (MinutemanNewsCenter)
Ever notice how many people walk down the street completely engrossed in their smartphones and tablets? I fully expect to see one of them to walk into a light post one day. Although it’s great having access to email, social networking and online shopping anywhere, anytime, such convenience comes with a certain amount of risk, according to Jennifer Fischer, Head of Americas Payment System Security, Visa Inc (NYSE:V) “Unless you’re hyper-vigilant about using secure networks and hack-proof passwords, someone sitting at the next table – or halfway around the world – could be watching your every move online and stealing valuable personal and financial information right off your device,” says Fischer.




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