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  • BEIJING, Nov 10- China's $7 trillion card payment market is open to foreign and local applicants and regulators will not set a limit on the number of cards that issuers can grant in China, an official of the central bank said at a forum in Beijing on Tuesday. Significantly, overseas bank card providers such as Visa Inc and MasterCard Inc won't have to establish joint...

  • The ‘Michael Jordan of cricket' comes to America Tuesday, 3 Nov 2015 | 4:21 PM ET
    Sachin Tendulkar of India raises his bat on scoring his century during the Group B ICC World Cup Cricket match between India and South Africa on March 12, 2011, in Nagpur, India.

    Indian cricket legend Sachin Tendulkar is in the U.S. for the first time and could help spread awareness about the sport.

  • Bitcoin spikes 70% in a month; nobody knows why Tuesday, 3 Nov 2015 | 3:35 PM ET
    Bitcoin sign

    After dipping well below $200 in January, bitcoin traded at more than $410 Tuesday afternoon.

  • Nov 2- Visa Inc said on Monday it would buy former subsidiary Visa Europe Ltd for up to $23.3 billion in a deal that will give the world's largest payments network a chance to cut costs over the long term and raise fees in the second-biggest card market. Visa Inc and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global...

  • Nov 2- Visa Inc said on Monday it would buy former subsidiary Visa Europe Ltd for up to $23.3 billion in a deal that will give the world's largest payments network a chance to cut costs over the long term and raise fees in the second-biggest card market. Visa Inc and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global...

  • Nov 2- Visa Inc said on Monday it would acquire former subsidiary Visa Europe for 16.5 billion euros, with the potential for an additional payment of up to 4.7 billion euros. The upfront payment comprises 11.5 billion euros in cash and preferred stock convertible into Visa Inc class A common stock valued at 5 billion euros. Visa Inc and Visa Europe, a cooperative of...

  • Futures hold lower after GDP, Fed Thursday, 29 Oct 2015 | 9:08 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock index futures indicated a lower open as investors weighed the possibility of a December rate hike, amid the release of GDP and earnings.

  • Oct 29- Payments network operator MasterCard Inc reported a bigger-than-expected quarterly profit as the value of transactions processed on its cards jumped 13 percent. MasterCard's gross dollar volume- the total value of transactions made by customers- rose to $1.16 trillion on a local currency basis. The company's net income fell to $977 million, or 86...

  • MasterCard reports a fall in profit due to higher costs Thursday, 29 Oct 2015 | 8:02 AM ET

    Net income fell to $977 million, or 86 cents per share for the third quarter ended Sept. 30, from $1.02 billion, or 87 cents per share, a year earlier.

  • Oct 29- U.S. stock index futures were lower on Thursday, a day after the Federal Reserve revived expectations of an increase in interest rates in December. *The Fed's hawkish tone came as a surprise, prompting an increase in the odds of a December hike to 43 percent from the 38 percent minutes before the release of the statement, according to the CME Group's FedWatch...

  • Debate winners & losers and the Fed's warning Thursday, 29 Oct 2015 | 6:19 AM ET

    U.S. stock futures were under pressure this morning, while some of the Republican presidential candidates were feeling the heat last night.

  • Fed turns up heat on hike just in time for weak GDP Wednesday, 28 Oct 2015 | 8:50 PM ET
    Traders work on the floor of the New York Stock Exchange.

    The Fed turned up the heat around a possible December rate hike, just as the government is about to release a report expected to show sluggish GDP growth.

  • Forget your password: Pay bills with a 'selfie' Tuesday, 27 Oct 2015 | 6:27 PM ET
    PayPal signage at the Money 20/20 conference.

    Emerging technologies in biometrics are helping financial institutions and merchants free consumers from entering cumbersome passwords and PINs.

  • LAS VEGAS, Oct 27- Samsung Electronics Co's new mobile payment service Samsung Pay has enjoyed strong repeat usage among U.S. consumers with an average of eight transactions per user, the world's top smartphone maker said on Tuesday. Samsung Pay, which rivals mobile wallets like Apple Inc's Apple Pay and Google's Android Pay, allows consumers to pay at retail...

  • The fight for your digital wallet is on Monday, 26 Oct 2015 | 6:30 PM ET
    Gordon Smith, JPMorgan Chase, at the Money20/20 event.

    Digital wallets are about to move from "nice to have" to "must have."

  • *China tipped to be world's biggest payment card market by 2020. BEIJING, Oct 27- China is considering imposing tough new conditions on overseas bank card providers such as Visa Inc and MasterCard Inc, in a potential setback to their plans to enter the country's $7 trillion card payments market, according to people familiar with discussions.

  • Early movers: VRX, PNY, COST, AXP, PYPL, M & more Monday, 26 Oct 2015 | 7:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Wall Street jittery ahead of bumper earnings, Fed Monday, 26 Oct 2015 | 7:32 AM ET

    With a week to go in October, Wall Street has, thus far, had its best month in four years. This week's big drivers include the Fed's two-day meeting and the continued flood of profit reports.

  • USAA switches to Visa from MasterCard Monday, 26 Oct 2015 | 6:33 AM ET
    USAA Financial Center

    USAA, one of the largest U.S. issuers of debit and credit cards, is switching to Visa from its longtime partner, MasterCard.

  • Three stocks that almost always rise on earnings Friday, 23 Oct 2015 | 5:03 PM ET
    Traders work on the floor of the New York Stock Exchange.

    As the earnings kicks into high gear, a group of stocks could be ready to pop, if history is any guide.