Tesla S&P debut to come all at once, rippling across markets
The electric-vehicle maker would be the seventh-biggest company in the S&P 500 at its current market value, falling between Berkshire Hathaway Inc. and Visa Inc.
Novogratz says Bitcoin is digital gold, not a currency for now
“I don’t think Bitcoin is going to be used as a transactional currency anytime in the next five years,” Novogratz, founder and chief executive officer of Galaxy Investment Partners, said in an interview with Bloomberg TV and Radio.
Apple and Tesla split their shares, but does it matter?
Investors cheered the Apple and Tesla announcements, helping extend a rally in the companies' shares, which along with many other technology firms, have soared in value as the market emerged from its pandemic-induced depths in March.
Mastercard wants employees to make the choice, will allow them to work from home until pandemic is under control
The company said it wants employees to make the decision on when they feel comfortable returning.
Visa extends work-from-home for majority of employees through 2020
Visa Inc will allow a majority of its workforce to work from home through 2020, according to Chief Executive Officer Alfred Kelly Jr., mirroring similar moves from other fintech companies earlier in the week.
Visa Q2 results: Profit rises 4%, pulls annual outlook amid virus outbreak
For the second quarter, the company's total payments volume rose 5% to $2.14 trillion, on a constant dollar basis.
Facebook weighs Libra revamp to address regulatory concerns
Since Facebook announced the Libra project, several central banks, including the Bank of England and the European Central Bank, have said they are exploring their own digital currencies. The overhaul is intended to ensure that the new payments network would be compatible, rather than in competition, with those projects.
Apple’s Tim Cook calls coronavirus a ‘challenge’ at shareholder talk
Tim Cook said for the first time Apple would open its online store in India this year.
Microsoft, Google, Visa, Mastercard may set up base at GIFT-City
The state plans to develop GIFT-city as a technology and fintech hub, and is expected to also unveil its fintech policy soon.
Mastercard concerned India data rules may hinder fraud detection
Mastercard and its larger rival Visa Inc. were among those that requested an extension after missing the RBI’s October deadline.
EU fines Mastercard 570 mln euros over cross-border barriers
The Commission granted Mastercard a 10 percent fine reduction for cooperating with its investigation
Cryptocurrency up 695% on deal with Visa that didn't happen
Monaco announced mobile application along with plans to debut five different payment cards.
Economy gets $6.08 billion boost via e-payments from 2011-15: Report
According to the study, payment cards aren't just convenient, they help stimulate growth for economies around the world.
Visa Inc opens new technology development centre in Bengaluru, unveils mVisa
The company also unveiled mVisa, a new mobile payment service that will be tested in India later this year with merchants across the Bengaluru region.
Goldman Sachs top employer on Day 1 of IIT Madras placement
Investment banking giant Goldman Sachs was the top employer recruiting 13 candidates on the first day of placement season that began at the Indian Institute of Technology, Madras, today.