Research Desk Line-up: Green Dot Post Earnings Coverage

LONDON, UK / ACCESSWIRE / June 9, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Visa Inc. (NYSE: V). The Company announced on June 07, 2017, that it has signed 13 new partners to be a part of its Token Service Provider (TSP) program. The Company has executed this agreement under a step to accommodate the shift of payment industry from plastic to digital and to enable broader access to new standards, including tokenization. The Company expects a surge in demand for payments to be embedded into a growing number of devices, services, and experiences. For immediate access to our complimentary reports, including today's coverage, register for free now at: http://protraderdaily.com/register/.

Discover more of our free reports coverage from other companies within the Credit Services industry. Pro-TD has currently selected Green Dot Corporation (NYSE: GDOT) for due-diligence and potential coverage as the Company reported on May 09, 2017, its financial results for Q1 2017 which ended on March 31, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Green Dot when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on V; also brushing on GDOT. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=V

http://protraderdaily.com/optin/?symbol=GDOT

The Announcement

Visa has developed a global network of partners to deliver secure digital payment token services and to ensure that irrespective of the form factor an IoT device, appliance, wearable or beyond can turn into a secure place for transactions. The Company will collaborate with FitPay, Infosys, and Rambus in the global region. In the Asia/Pacific/India region, Visa will collaborate with Mahindra Comviva and PayCraft. The Company will partner with Digiseq, FOO, Pri-Num, and Seglan in Central Europe, Middle-East and Africa; and with HST, Prosa, VeriTran and YellowPepeer in the Latin America and the Caribbean region.

According to Jim McCarthy, Executive VC of innovation, and strategic partnerships, Visa, conservatives estimate that 21 billion internet-connected devices are set to hit the industry in just three more years which implies more payment accounts. The Company is extending tokenization to new devices through its token service provider program and plans to deliver enhanced payment experiences to its customers. The Company first announced the TSP in October 2016 when it partnered with Giesecke+Devrient (G+D), Gemalto, and Inside Secure.

Token Service Technology

Tokenization is basically a payment security technology that replaces cardholder information like, account numbers and expiration dates, with a unique digital identifier, also known as a token, that can be used for payment without revealing more sensitive account information of the cardholder.

The Token Service Technology, or TPS, offers technology Companies a standard-based approach and access to Visa's broad network of tools and services, including the Visa Token service, and integration, development, and marketing assistance. The program additionally enables the expansion of the market for tokenization to other Companies as they drive on the path to new and secure digital payment services.

Visa Growth Prospects

Visa is a leading global payments technology firm that connects businesses and entities in more than 200 countries and territories to fast, reliable, and secure electronic payments. On May 04, 2017, the Company announced that it will help its financial institution partners create customized digital card management experiences. The Company additionally announced on April 06, 2017, that Visa Checkout has reached more than 20 million enrolled accounts. Visa Checkout simplifies the payment process to pay in just a few clicks on any device across the web.

Visa Checkout also announced that it will continue to expand into new markets in 2017, with planned expansion to different nations that currently offer, or will offer Visa Checkout. Post the announcement on April 10, 2017, the Company reported that it has become the first card network to enable participating issuers to offer their US commercial accountholders a comprehensive view of their Amazon Business purchases. The new transaction data functionality offered US commercial accountholders full line-item details on Amazon Business purchases made with their Visa commercial card and could seamlessly integrate with popular reconciliation tools.

Last Close Stock Review

Visa's share price finished yesterday's trading session flat at $96.09. A total volume of 7.64 million shares have exchanged hands. The Company's stock price surged 7.83% in the last three months, 24.61% in the past six months, and 17.69% in the previous twelve months. Moreover, the stock rallied 23.16% since the start of the year. The stock is trading at a PE ratio of 57.50 and has a dividend yield of 0.69%. The stock currently has a market cap of $219.82 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily