Shares of Bank of New York Mellon Corp (NYSE:BK) ended Friday session in red amid volatile trading. The shares closed down -0.51 points or -1.23% at $40.93 with 1.07 billion shares getting traded. Post opening the session at $41.34 the shares hit an intraday low of $40.93 and an intraday high of $41.74 and the price vacillated in this range throughout the day. The company has a market cap of $43.32 billion and the numbers of outstanding shares have been calculated to be 1.07 billion shares.
Gerald L. Hassell, chairman and chief executive officer of BNY Mellon, and Thomas P. Gibbons, vice chairman and chief financial officer of BNY Mellon, will be presenting at the 2016 Barclays Global Financial Services Conference in New York at 8:15 a.m. EDT on Wednesday, September 14. They will discuss BNY Mellon’s corporate strategy, opportunities for growth, capital management and technology. The presentation may include forward-looking statements and other material information.
A live webcast of the audio portion of the conference will be available at the BNY Mellon website (www.bnymellon.com/investorrelations). A series of related graphics also will be available at the same website at approximately 7:45 a.m. EDT on Wednesday, September 14. An archived version of the audio portion will be available at the same website, beginning at approximately 5 p.m. EDT on September 14 and will remain available until 5 p.m. EDT on October 14.
Shares of Mastercard Inc (NYSE:MA) ended Friday session in red amid volatile trading. The shares closed down -1.83 points or -1.83% at $98.15 with 1.08 billion shares getting traded. Post opening the session at $99.08 the shares hit an intraday low of $98.15 and an intraday high of $99.68 and the price vacillated in this range throughout the day. The company has a market cap of $106.21 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
On September 7, 2016 The continued transformation of Mastercard to an even more digital company continues to be driven by the rapid growth, support and success of Masterpass, the company’s digital payment service. As part of this momentum, Mastercard announced issuers and merchants around the globe that are making Masterpass available to their customers, enabling fast, simple and secure digital payment experiences across devices and channels – online, in-app and in-store.
Global Expansion and Enhancements to Masterpass
The Masterpass vision is to support all forms of commerce in order to address the widest range of merchant experiences and consumer needs. Currently available in 33 markets and with planned expansion to 36 by the end of 2016, Masterpass stores all payment information, including card details from both Mastercard and other payment networks, shipping information, and payment preferences in one convenient, secure place.
In July, Mastercard launched the next stage in the Masterpass journey – an omni-channel all-digital payment service for issuers, merchants and consumers leveraging the most advanced methods of payment security available now, including network tokenization. Now live in the United States, the enhanced Masterpass service will continue to roll out in Africa, Asia Pacific, Europe, Latin America and the Caribbean, the Middle East and North America during 2016 and into 2017.
“Around the globe, we continue to work with our bank and merchant customers to deliver new features and functionality to Masterpass that not only solve for their needs, but address the issues facing the ultimate customer – the consumer. In doing so, we’ve developed a platform that’s second to none and unique in the market. The global momentum we’re achieving with banks, merchants and consumers is proof-positive of our efforts to create simple and secure digital payment experiences anywhere consumers want to shop,” said James Anderson, executive vice president, Digital Payment Products, Mastercard.