/news
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| Fitch Affirms Host's IDR at 'BB-'; Outlook to Stable | New York, NY | 11 mins ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fitch Ratings has affirmed the following credit ratings of Host Hotels & Resorts, Inc. (NYSE: HST) and its operating partnership, Host Hotels & Resorts, L.P. (collectively 'Host'): Host Hotels & Resorts, Inc. --Issuer Default Rating (IDR) at 'BB-'; --$97 million preferred stock at 'B'. Host Hotels & Resorts, L.P. --IDR... Read This » |
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| Horizon Air Offers Low Sale Fares from Boise to Los Angeles, Idaho Falls, San Jose, Sacramento and Lewiston | Boise, ID | 11 mins ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Horizon Air’s new fare sale out of Boise (to Idaho Falls, Lewiston, Los Angeles, San Jose and Sacramento) is just the ticket to kick off spring fever. Capture these great fares by booking now through April 30, 2010, for travel from March 26 through June 10, 2010. “Spring is in... Read This » |
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| Fitch Assigns LS Ratings to $274.7 Billion U.S. Credit Card Receivables ABS | New York, NY | 17 mins ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fitch Ratings assigns Loss Severity (LS) ratings to 561 classes of $274.7 billion of U.S. credit card receivables asset-backed securities (ABS) issued from 20 trusts. Most senior bonds are assigned 'LS1' or 'LS2' ratings, reflecting the typically large tranche thickness of these classes. Lower LS ratings ('LS3' to 'LS5') are... Read This » |
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| Fitch Affirms CMS Energy & Consumers Energy's Ratings; Outlook Stable | New York, NY | 2 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Fitch Ratings has affirmed the ratings for CMS Energy Co. (CMS) and Consumers Energy Co. (Consumers) as follows: CMS --Long-Term Issuer Default Rating (IDR) at 'BB+'; --Senior Secured Bank Facility at 'BBB-'; --Senior Unsecured Debt at 'BB+'; --Preferred Stock and Trust Preferred securities at 'BB-'. Consumers --Long-Term IDR at 'BBB-';... Read This » |
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| Visa Previews Online Shopping Tool Rightcliq at Investor Conference | San Francisco, CA | 3 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Visa Inc. (NYSE: V) today announced that, in concert with U.S. financial institution clients, it will soon introduce its new online shopping tool, “Rightcliq™ by Visa.” From comparison shopping, to delivering special merchant offers, to managing payment options, to tracking the delivery of purchases, Rightcliq will offer consumers a simpler... Read This » |
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| iPhone App Funder, appbackr, Selected by Community Vote as Top Finalist in PayPalX Competition | Palo Alto, CA | 8 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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PayPalX announced that appbackr was selected by community voting to become one of 11 finalists in the PayPalX Developer Challenge. appbackr provides a simple and revolutionary approach to Immediate Funding™ for Apple iPhone and iPad Developers selling apps in the iTunes store. Application developers sell wholesale units of their apps... Read This » |
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| Wincor Nixdorf to Host “Retail Banking Reinvented” Forum Featuring Global Industry Experts Discussing Key Trends in Retail Banking | Austin, TX | 8 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Wincor Nixdorf Inc., the premier global provider of advanced retail banking cash-handling solutions, today announced that it will be hosting “Retail Banking Reinvented,” a one-day executive forum event on March 25, 2010 at the Fairmont Miramar Hotel in Santa Monica, CA. The forum is open and free to mid and... Read This » |
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| MasterCard Worldwide Poised to Drive Innovation in Nigeria’s Payments Industry | Harrison, NY | 9 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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MasterCard to Work with Financial Institutions and Government to Cater to the Immense Growth Opportunities in the MarketMasterCard Worldwide announced that it will work with customer financial institutions and the government to bring more innovation to commercial transactions and payment solutions to Nigerian consumers. Vicky Bindra, president, Asia/Pacific, Middle East... Read This » |
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| TIO Launches Mobile Payment Platform | Vancouver, BC CA | 10 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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TIO Networks (TSX V: TNC)(“TIO”), North America’s leading multi-channel expedited bill payment processor, today announced the launch of its own mobile bill payment platform. This new addition to TIO's list of payment channels enables participating billers to empower their customers to manage and pay bills anytime and from anywhere using... Read This » |
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| Op-Ed: Is Square Really a Threat to VeriFone? | Boston, MA | 10 hours ago | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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by Aneace HaddadPYMNTS.com asked payments industry veteran, Aneace Haddad, to weigh in on the battle brewing between VeriFone and up-start Square, and to look at its impact on the payments industry.A recent article in TechCrunch makes it seem like a major war is on between VeriFone and Square. It is... Read This » |
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| Wells Fargo First Quarter Earnings Information | San Francisco, CA | Mar 11, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Wells Fargo & Company (NYSE:WFC) is scheduled to announce its first quarter 2010 earnings on Wednesday, April 21, 2010, at 5 a.m. PDT (8 a.m. EDT). The news release will be available at wellsfargo.com/invest_relations/earnings. The Company will host a live conference call on Wednesday, April 21, at 6:30 a.m. PDT... Read This » |
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| Discover Financial Services Announces Actions to Further Enhance Loan Loss Reserve | Riverwoods, IL | Mar 11, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Discover Financial Services (NYSE:DFS) today announced that the company will record an increase in reserves of $305 million pre-tax in the first quarter 2010, which brings its reserve coverage to approximately twelve months of losses. This reserve addition results from a new analytical process that enhances management’s ability to estimate... Read This » |
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| Bottomline Again Recognized for “Best Accounts Payable Services” | Portsmouth, NH | Mar 11, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, announced today that the company again topped the Global Finance list of ‘World’s Best Treasury & Cash Management Providers’ in the Accounts Payable Services category. Bottomline’s 2009 purchase of Bank of America’s PayMode®, a market-leading... Read This » |
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| Hypercom to Present at Roth Capital Partners 22nd Annual Growth Stock Conference | Scottsdale, AZ | Mar 11, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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Hypercom Corporation (NYSE: HYC) today announced that Chief Financial Officer Thomas B. Sabol will present at the Roth Capital Partners 22nd Annual Growth Stock Conference at approximately 3:00pm PDT on Monday, March 15, 2010 at the Ritz Carlton Hotel in Dana Point, California. Joining Mr. Sabol will be Scott Tsujita,... Read This » |
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| MasterCard’s Momentum in Emerging Markets Makes Innovation Move | Purchase, NY | Mar 11, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
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PYMNTS.com asked industry expert and author of Paying with Plastic, David S. Evans to profile industry thought leaders and executives to find out what's next in the world of payments. In this exclusive NEXTcast interview, PYMNTS.com sits down with Gary Flood to find out "What's Next" for MasterCard. Gary has... Read This » |
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Most Popular
- Fitch Affirms Host's IDR at 'BB-'; Outlook to Stable 11 mins ago
- Horizon Air Offers Low Sale Fares from Boise to Los Angeles, Idaho Falls, San Jose, Sacramento and Lewiston 11 mins ago
- Fitch Assigns LS Ratings to $274.7 Billion U.S. Credit Card Receivables ABS 17 mins ago
- Fitch Affirms CMS Energy & Consumers Energy's Ratings; Outlook Stable 2 hours ago
- Visa Previews Online Shopping Tool Rightcliq at Investor Conference 3 hours ago
- iPhone App Funder, appbackr, Selected by Community Vote as Top Finalist in PayPalX Competition 8 hours ago
- Wincor Nixdorf to Host “Retail Banking Reinvented” Forum Featuring Global Industry Experts Discussing Key Trends in Retail Banking 8 hours ago
- MasterCard Worldwide Poised to Drive Innovation in Nigeria’s Payments Industry 9 hours ago
- TIO Launches Mobile Payment Platform 10 hours ago
- Op-Ed: Is Square Really a Threat to VeriFone? 10 hours ago
- USC Keston Institute Hosts California Bond Forum under Halo of State Legislature’s Historic Action on Water Issues Nov 05, 2009
- Fitch: Phibro Acquisition May Create Additional Risk for OXY's Credit Quality Oct 09, 2009
- Heartland Payment Systems Announces New Time for Conference Call to Discuss Third Quarter 2009 Results Oct 30, 2009
- Industry Reaction to American Express' Move to Buy Revolution Money Nov 18, 2009
- 1-800-FLOWERS.COM Announces That It Will Not Renew Its Contract for Third-Party Administration of Its Membership Program and Will Eliminate Data-Passing of Credit Card Information Dec 23, 2009
- Hyatt Place® and Hyatt Summerfield Suites™ Reward Guests with $20 Prepaid MasterCard® Gift Cards Sep 29, 2009
- GE Capital Retail Consumer Finance Extends Consumer Credit Card Program Partnership with JCPenney Nov 06, 2009
- Clinverse Completes $2.2 Million Series A Private Equity Financing Oct 19, 2009
- Consumers Entering Holiday Season More Joyful Than Gloomy with Plans to Give; Gift Cards Top the List Nov 16, 2009
- San Francisco Fire Credit Union Relaunches Its Investment Program with CUSO Financial Services L.P. as its Broker Dealer Nov 11, 2009
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Payments in the Cloud
Why is the payments industry now so focused on the notion of cloud computing and "payments in the cloud?" What is it and how does it change the industry's ecosystem? Get debriefed!
