payments

The Benzinga Fintech Summit is a gathering of the top leaders in brokerage, payments and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed Steve Kirsch, CEO of...

Canaccord's neutral stance on Square Inc (NYSE: SQ), which dates back to the firm's initiation of coverage in early 2016, came to an end Friday.  The Analyst Analyst Michael Graham upgraded Square from Hold to Buy with a price target lifted from $60 to $90. The Thesis Canaccord...

The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed...

Payment processor Square Inc (NYSE: SQ) continues to successfully evolve from its roots of facilitating credit card transactions based on KeyBanc's survey of 20 Square sellers. The Analyst KeyBanc Capital Markets' Josh Beck maintains an Overweight rating on Square with a price target...

The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Ahead of the Summit, Benzinga is profiling fintech thought leaders who are speaking at the event. For this installment, Benzinga interviewed...

Square Inc (NYSE: SQ) is a lot more than a simple payment processor, in Guggenheim's view: the company's ever-expanding list of products and services makes it the analyst firm's "highest conviction name in fintech." The Analyst Guggenheim's Jeff Cantwell maintained a Buy...

Latin American e-commerce and payment company Mercadolibre Inc (NASDAQ: MELI) fell short on multiple metrics in its second-quarter report, but the worst is now behind it, according to Stifel. The Analyst Stifel's Scott Devitt upgraded Mercadolibre from Hold to Buy with an...

Nineteen out of 24 payments and payment processor stocks under JPMorgan's coverage are outperforming the S&P 500 index. Despite strong outperformance, the group remains attractive. The Analyst JPMorgan's Tien-tsin Huang made the following rating changes: Alliance Data Systems...

Heading into Square Inc (NYSE: SQ)'s earnings report last Wednesday, Buckingham struggled with recommending the stock at an "astronomic" valuation of 57 times consensus 2020 EPS. Now that the stock is exiting a strong earnings report, the valuation "doesn't look as expensive...

The bullish case for International Money Express (NASDAQ: IMXI), a financial technology company that facilitates money transfers from the U.S. to 17 countries in Latin America and the Caribbean, can be made for four reasons, according to JMP.  The Analyst Analyst David Scharf initiated...