credit card

Deserve, a Silicon Valley startup providing credit cards to those excluded from traditional lending, raised $50 million in the latest funding, CNBC reported. What Happened The Series C funding round was led by Goldman Sachs Group Inc. (NYSE: GS). Other investors included SLM Corporation (NASDAQ:...

Visa Inc (NYSE: V) reported fiscal third-quarter results that came in better than expected while multiple underlying performance metrics accelerated. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts KeyBanc Capital Markets' Josh Beck maintains...

Apple Inc. (NASDAQ: AAPL)'s new venture into the world of credit cards could be successful simply due to the fact that the expectations for it are low, according to CNBC's Jim Cramer. 'Found Money' Apple's new credit card represents "found money" for the company, as it...

Apple Inc. (NASDAQ: AAPL) announced Monday it will launch its own branded credit card called Apple Card and this should be viewed as a positive for Green Dot Corporation (NYSE: GDOT), according to Guggenheim. The Analyst Guggenheim Partners' Jeff Cantwell maintains a Buy rating on Green Dot...

Apple Inc. (NASDAQ: AAPL) is reportedly teaming up with bank giant Goldman Sachs Group Inc (NYSE: GS) to launch an Apple-branded credit card in the coming months, according to The Wall Street Journal. What Happened Sources close to the matter told WSJ Apple's new credit card will be linked with...

Credit card company Mastercard Inc (NYSE: MA) is expected to report a "solid" fourth quarter on Jan. 31, but the company faces a "very challenging" 2019, according to Bank of America Merrill Lynch.  The Analyst Analyst Jason Kupferberg downgraded Mastercard ...

American Express Company (NYSE: AXP) reported Thursday a beat-and-raise third quarter earnings. Earnings of $1.88 per share beat estimates by 12 cents, while sales of $10.1 billion came in just ahead of estimates. Here's a summary of how some of the Street's top analysts reacted to the...

Payment processor stocks were under selling pressure throughout Tuesday's trading session amid a Bloomberg report that Amazon.com, Inc. (NASDAQ: AMZN) is offering retailers on its platform a discount if they use its online payments service. The Analysts Wedbush's Moshe Katri said in...

Shares of American Express Company (NYSE: AXP) have lost more than 6 percent since the start of 2018. and one Wall Street analyst said the multiple risks faced by the company are discounted in the stock. The Analyst Nomura Instinet's Bill Carcache upgraded American Express Co. ...

Vantiv Inc (NYSE: VNTV), a U.S.-based provider of payment processing services, acquired U.K-based Worldpay in a deal, which is being under-reported, despite the nearly $10 billion price tag on the acquisition, CNBC's Jim Cramer suggested. Vantiv's proposed acquisition of Worldpay is completely...

Analysts at Deutsche Bank expressed concerns over the U.S. consumer credit market, but that doesn't necessarily mean there aren't opportunities for investors looking for exposure to credit card providers. Deutsche Bank's David Ho commented in a research report Monday that consumers are still in a "...

Less than a decade after out-of-control mortgage debt nearly dragged down the entire U.S. economy, the Wall Street Journal reports that by the end of 2016, Americans will collectively hold $1 trillion in credit card debt. The all-time peak for national credit card debt was $1.02 trillion in July...

Credit card giants Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) will likely still be able to grow earnings even if the U.S. economy falls into a recession. Citi analyst Dinad Fandetti stress-tested the two card companies to see how they would perform in a market downturn, and both companies...