Credit Services Companies Announce Fresh Partnerships, Key Milestones, Acquisitions, and Consumer Trends - Research Report on Visa, MasterCard, American Express, Capital One, and Discover
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NEW YORK, August 26, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Visa Inc. (NYSE: V), MasterCard Incorporated (NYSE: MA), American Express Company (NYSE: AXP), Capital One Financial Corporation (NYSE: COF), and Discover Financial Services (NYSE: DFS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Visa Inc. Research Report
On August 13, 2013, Visa Inc. (Visa) announced that according to its Global Travel Intentions Study 2013, US travelers desire culture, are tech savvy, and plan to significantly increase their travel budget on their next international trip. The study revealed that travelers plan to spend 40% more on their next international trip compared to their last trip, opposed to travelers outside the US who plan to increase travel spend by just 4.6%. "Americans have a zest for travel and exploration and these survey results hint at a growing appetite to increase travel budgets," said Nick Talwar, Head of North America Credit at Visa. "With increased spending budgets and the desire to manage expenses, traveling with an electronic form of payment is becoming just as important as a passport." The Full Research Report on Visa Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/V]
MasterCard Incorporated Research Report
On August 20, 2013, MasterCard Incorporated (MasterCard) announced a key milestone in the evolution of its digital payment service, with 16 of Australia's leading payment service providers confirming that they will introduce MasterPass across their customer base. The announcement was made at the Online Retailers Conference and E-commerce Expo in Sydney. MasterCard said that this rollout will enable thousands of Australian merchants across different e-commerce categories the option to opt in for the MasterPass button, giving customers the ability to purchase items swiftly, easily, and securely online. Matt Barr, Head of Market Development and Innovation for Australasia at MasterCard said, "Masterpass technology offers shoppers peace of mind that their personal details are safe, as well as a wider selection of payment options and quicker transaction times, which can ultimately translate into increased customer satisfaction and an uplift in sales." 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/2013-08-21/MA]
American Express Company Research Report
On August 20, 2013, American Express Company (American Express) announced that according to the latest American Express Spending and Savings Tracker, 92% of Americans will hit stores for back-to-school shopping this fall, spending an average of $1,094 on supplies, up 26% since 2012. The tracker further revealed that a probable cause for the increase is that 50% of parents with school-aged children plan to buy at least one digital gadget this back-to-school season, up from 36% in 2012. "Items like pencils, notebooks, and crayons are completely 'old school' on parents' shopping lists," said David Rabkin, SVP of US Consumer Lending Products at American Express. "Instead, they're investing in the latest technology to help them learn, and we expect technology spending for back-to-school to only continue to increase in the years to come." 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/2013-08-21/AXP]
Capital One Financial Corporation Research Report
On August 16, 2013, Capital One Financial Corporation (Capital One) announced that it has signed a definitive agreement to acquire Beech Street Capital (Beech Street). The terms of the transaction were not disclosed and the transaction is expected to close in Q4 2013. Rick Lyon, Head of Commercial Real Estate Banking at Capital One said, "The addition of Beech Street strengthens our multifamily business, provides a national presence, and enables us to meet the needs of clients in the multifamily sector with a complete set of banking services that includes agency program loans, bank balance sheet loans, treasury services, and capital markets solutions." The Full Research Report on Capital One Financial Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/COF]
Discover Financial Services Research Report
On August 15, 2013, Discover Financial Services (Discover) announced that according to a survey commissioned by Discover Student Loans, the number of parents with college-bound teens who see value in college education has increased from 2012. The survey revealed that 87% of parents say that college is very important for their children's futures, up from 81% in 2012. The parents who say college education is only somewhat important declined from 14% in 2012 to 11% in 2013. "We're encouraged that parents continue to see the life-long benefits of a college education. But it can be overwhelming to figure out how to pay for college," said PK Parekh, Vice President for Discover Student Loans. "Discover encourages parents and students to plan early and maximize grants, scholarships, and other free financial aid." 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/2013-08-21/DFS]
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SOURCE Investors' Reports
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