Financial Partnerships Secure Global Growth and Profitability - Research Report on MasterCard, American Express, Discover, Western Union, and CIT
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NEW YORK, September 11, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting MasterCard Incorporated (NYSE: MA), American Express Company (NYSE: AXP), Discover Financial Services (NYSE: DFS), The Western Union Company (NYSE: WU), and CIT Group Inc. (NYSE: CIT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
MasterCard Incorporated Research Report
On September 3, 2013, MasterCard Incorporated (MasterCard) announced its partnership with Blue Label Telecoms Limited (Blue Label). According to the Company, the partnership will see 22,000 small traders and rural shops in South Africa equipped with Point of Sale (POS) devices, enabling them to accept card payments for the first time. Philip Panaino, Division President of MasterCard for South Africa, stated, "Our collaboration with Blue Label is another step by MasterCard towards realising our vision of a world beyond cash by bringing new and innovative electronic payment solutions to a generation of customers who are mostly banked, but are currently underserved. Through the introduction of these solutions that respond directly to the needs of merchants, MasterCard and Blue Label aim to increase the level of penetration of electronic payments in South Africa, and help stimulate economic growth." The Full Research Report on MasterCard Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-08/MA]
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American Express Company Research Report
On September 5, 2013, American Express Company (American Express) announced a series of innovative partnerships for the Mercedes Benz Fashion Week, bringing excitement to Card members and consumers across the US. American Express reported that it will be holding an industry-first event with Rebecca Minkoff. Deborah Curtis, Vice President of Entertainment Marketing and Sponsorships at American Express, said, "We are thrilled to be partnering with an innovative brand like Rebecca Minkoff to create a truly memorable moment for our Card Members and Rebecca Minkoff and Fashion fans everywhere." Curtis continued, "We are especially excited to welcome Rebecca Minkoff to our American Express Unstaged family. Together, we will bring the excitement of the Mercedes-Benz-Fashion Week runway directly to our fans alongside an incredible musical performance for a truly a once in a lifetime experience." The Full Research Report on American Express Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-08/AXP]
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Discover Financial Services Research Report
On September 3, 2013, Discover Financial Services (Discover) announced that it has joined the growing membership of EMVCo, the EMV standards body. According to Discover, it will work with EMVCo's existing members to manage and to evolve the contact and contactless EMV industry specifications to facilitate worldwide interoperability and acceptance of secure chip payment instruments. Dave Meadon, EMVCo Executive Committee Chair, commented, "Discover becoming an equity member of EMVCo further underlines the importance of the EMV standard for the global payments industry." Meadon added, "The existing members of EMVCo value the additional resources and contributions that new members provide as we address the broad and diverse needs of the international payments community. As an established end-user of the EMV Specifications, we welcome the industry knowledge and extensive chip card experience that Discover will bring to EMVCo's work program." The Company further reported that it has acquired a one-sixth share of EMVCo from the respective holdings of its current member-owners American Express, JCB, MasterCard, UnionPay and Visa. The Full Research Report on Discover Financial Services - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-08/DFS]
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The Western Union Company Research Report
On September 3, 2013, The Western Union Company (Western Union) launched a new mobile money transfer service that enables consumers to send money into a mobile wallet in Nepal. Western Union reported that its collaboration with Nabil Bank Limited and FonePay Pvt. Ltd. has enabled mobile money transfer directly through eSewa in Nepal. Patricia Riingen, Senior Vice President of East & South Asia at Western Union, said, "Western Union continues to expand its mobile footprint as part of our multi-product, multi-channel strategy." Riingen added, "We are very pleased to launch mobile services to Nepal, and we remain committed to building our mobile network in strategic markets around the world." The Full Research Report on The Western Union Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-08/WU]
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CIT Group Inc. Research Report
On September 4, 2013, CIT Group Inc. (CIT) announced that CIT Corporate Finance served as Co-Lead Arranger in a $194.5 million senior secured credit facility to TruckPro, an independent distributor of heavy duty truck parts in the US. According to CIT, TruckPro intends to use the net proceeds of the offering to finance its acquisition of CCI Corporation. Jay Baldinelli, Managing Director of CIT Sponsor Finance, stated, "This acquisition significantly increases the scale and scope of TruckPro's business and demonstrates our ability to support our clients' growth objectives and funding needs." Baldinelli continued, "This was our fifth transaction with Harvest Partners and we are pleased to continue to build upon our business relationship." The Full Research Report on CIT Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-09-08/CIT]
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