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...US financial technology start-up Plaid has hired its first chief financial officer, a milestone in its highly anticipated plans to go public following a failed sale to Visa two years ago....
...But investors in Visa and Mastercard can rest easy. Their high-margin business model remains intact....
...Shares in Visa and Mastercard were trading close to flat in New York on Tuesday morning....
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
...Please tell us what you think about fintechs’ chances of chipping away at Visa and Mastercard’s duopoly in the comments section below....
...Visa said it “strongly” disputed the findings, adding the “proposed remedies are not justified”....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...In March 2023 the iShares ESG Aware MSCI USA ETF (ESGU) haemorrhaged $3.9bn in one day. On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
Preliminary report by NTSB finds part that detached had been removed at Washington factory
US transportation secretary Pete Buttigieg says he has spoken with chief executive following 737 Max door panel mishap
FAA recommends inspections of aircraft with same kind of door plug as Alaska Airlines plane involved in blowout
Pilots reported pressurisation warnings on three flights in month before Alaska Airlines incident
...WWE’s decision to take Raw off USA Network, where it is the top-rated programme, also reflects the economic pressures on traditional cable television operators as more consumers shift to streaming....
...These are rebased MSCI net return indices, in dollars, for each country, and the MSCI USA and World indices....
...The best-known and biggest are Visa and Mastercard. National networks exist too, like UnionPay in China....
...., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading...
...The price is a steep increase over Raw’s current deal with Comcast’s USA Network. More importantly, this marks Netflix’s plunge into pricey live programming, an area it had long eschewed....
...CBOE’s BZX equities exchange features in the second chart because of just one stock, CBOE Global Markets Inc. None of this constitutes a scoop, we’ll be honest, but it’s a Friday....
...All we’re going to add is data, starting here: By market cap Tesla is in the top tier of companies incorporated in Delaware, though the year-to-date sell-off has narrowed its lead over the pack (Visa, Broadcom...
...Visa and Mastercard benefit greatly because the two dominate the US card payment network. They handled nearly 80 per cent of credit card transactions in the country....
...BlackRock’s iShares ESG Aware MSCI USA ETF, commonly known as ESGU, lost more than $9bn in assets as it was removed from a BlackRock model portfolio....
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
...funding for local authorities and sponsors, which currently finishes before visas expire.”...
A short, stupid proxy adventure
...Plaid and Visa terminated the deal due to antitrust scrutiny from regulators 12 months after agreeing it....
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