On Monday, in the course of current trade, Shares of Mastercard Inc (NYSE:MA), climbed 1.38%, and is now trading at $97.41.
MasterCard and PAY.ON have joined forces to enhance the MasterPass digital wallet solution by making MasterPass right away accessible to more than 110 payment service providers (PSPs) via PAY.ON’s white label global payment gateway. This advanced digital payment technology is accessible to more than 56,000 web shops worldwide that route payments through PAY.ON’s partners. “MasterPass offers merchants - on the web, via in-app payments on mobile devices, and, in the future, in stores - a user-friendly solution that simplifies payment for customers by bundling together multiple payment and customer loyalty cards, and minimizing shopping cart abandonment,” said David Klemm, Head of Acceptance Development Germany at MasterCard.
Wolfgang Berner, Senior Vice President Product at PAY.ON, said: “We are happy to further build upon our close partnership with MasterCard. With MasterPass, merchants and shoppers have a multifunctional payment method that allows for centralized and secure use of all accessible online payment methods. This sets a new standard for digital wallets, or eWallets.”
MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.
During an Afternoon trade, Shares of Juniper Networks, Inc. (NYSE:JNPR), climbed 0.25%, and is now trading at $26.45.
Juniper Networks, confirmed it will release preliminary financial results for the quarter ended June 30, 2015, on July 23, 2015 after the close of the market.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers. The company also offers various switching products comprising EX series Ethernet switches to address the access, aggregation, and core layer switching requirements of micro branch, branch office, and campus and data center environments; and QFX series for enterprises, high-performance computing systems, and cloud providers.
Shares of Bank of New York Mellon Corp (NYSE:BK), during its Monday’s current trading session gained 0.54%, and is now trading at $43.05.
Bank of New York Mellon Corp, has extended its relationship with Raymond James & Associates, Inc. to provide subaccounting services for more than $140 billion in assets and 6.4 million active investor positions.
BNY Mellon has been providing subaccounting services to Raymond James since 2009 and also provides custody, credit and treasury services to the company.
BNY Mellon is the largest third-party provider of subaccounting services in the U.S., as ranked by the 2015 Mutual Fund Service Guide. This is the fifth year BNY Mellon has achieved this ranking. BNY Mellon provides subaccounting services to more than 130 million active positions with more than $2.6 trillion in assets.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally.
Finally, Wolverine World Wide, Inc. (NYSE:WWW), lost -1.25% Monday.
Wolverine Worldwide, declared that it has amended and extended the Company’s senior secured credit facilities. The amended credit agreement comprises of a $450 million term loan and a $500 million revolving credit facility, an overall facility enhance of $300 million. In addition to increasing the overall size of the Company’s borrowing capacity, the amended credit agreement extends the maturity date of the facilities, lowers the cost of the Company’s debt, lowers cash required during the first three years, and enhances flexibility with respect to stock repurchases and other restricted uses of cash.
“We are extremely happy to complete this new facility with our lenders and thank them for their support,” commented Michael D. Stornant, Wolverine Worldwide’s Senior Vice President and Chief Financial Officer. “This amendment provides us with additional flexibility and liquidity to continue to invest in growth, fund possible future acquisitions, and repurchase shares – all while reducing our interest rate.”
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company operates through Lifestyle Group, Performance Group, and Heritage Group segments.
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