Eservglobal Share Discussion Threads

[hibberts] 11/2/2019 12:00

Scsw says keep buying.

[celeritas] 11/2/2019 11:27

The real spread is a lot tighter. Nice to see you here miti.
Added myself.

[miti 1000] 11/2/2019 11:17

Bought into this today.

[someuwin] 11/2/2019 11:08

Lots of buys going thorough. Will have to move up soon.

[celeritas] 07/2/2019 15:39

Missed this one.

[hibberts] 06/2/2019 14:41

I think Homesend will be taken out sooner rather than later at what price that's anybody's guess.

[celeritas] 06/2/2019 14:09

This is certainly perking up of late, certainly more interest in the stock.
Spillover from epo or business is picking up?

[hibberts] 06/2/2019 12:13

02/05/2019 | 12:12pm EST
PURCHASE, N.Y. -- Mastercard today announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies.

In this role, Stoddart will oversee the development and strategic integration of Mastercard's real-time payments capabilities beyond traditional card-based solutions. Among these solutions are our Vocalink account-based payments, the Homesend joint venture and Mastercard Send.

"Paul's industry experience and deep immersion in the business makes him the ideal choice to drive the growth of our account- based payment activities," said Michael Miebach, chief product officer of Mastercard. "In his role as CEO of Vocalink, he has created momentum across the business, renewing relationships with key customers and expanding our infrastructure activities to new markets. We'll now build on that foundation to deliver the technology and support needed for an expanded world of payments."

In 2017, Stoddart was named chief executive officer of Vocalink following the company's acquisition by Mastercard. He originally joined Vocalink as managing director, responsible for strategy, corporate development and its UK and international product portfolios. Prior to Vocalink, Stoddart was responsible for mergers and acquisitions and asset disposal at Barclaycard. Earlier in his career, he spent 12 years at RBS, where he held senior roles in group corporate development, retail direct and the company's WorldPay division.

During his 35-year career, Yates has built payments businesses around the world. Before joining Vocalink as CEO in 2001, he was president of Western Union, where he drove the company's diversification into online money transfer and business payments.

He also spent six years as president, First Data International, building all the company's global activities outside of the U.S., including merchant acquiring, merchant transaction processing, issuer processing and ATM network solutions business units.

"David's knowledge and experience has given us a perspective to help shape our strategy and capabilities in additional payments choices that we can offer to customers and consumers," said Ajay Banga, president and CEO, Mastercard.

"He has been an integral part of the effort to bring the Mastercard and Vocalink businesses together. David's focus on the people and passion for innovation has set a foundation for us to explore new opportunities for future growth throughout the world. We wish David all the best in this next chapter of his career," said Miebach.

[johnv] 31/1/2019 09:43

2 new contracts signed

[mad foetus] 28/1/2019 19:29

That's bonkers, you know that if you use a small step it straightens out the colon and it comes out much more easily? If you are having problems it is much easier than excavating with your fingers.

[nobilis] 28/1/2019 19:26

I’ve based it on the greater number of international pathways established , the quality of the banks using it, the fact mastercard will pay a big premium and the larger afdressable market

[masurenguy] 27/1/2019 09:09

On what basis have you come up with that valuation ?

[nobilis] 26/1/2019 20:51

Mastercard will bid 30p here imho

[dibbs] 25/1/2019 23:20

I guess with the offer for EPO now at £233 Million that's the thinking. Let's face it EPO is much like ESG, something of a perennial disappointment so it does seem that it's fair to pin a higher valuation on ESG.

Dibbs

[kinbasket] 25/1/2019 16:00

it's the EPO bidding war. I guess there's some read across

[largeronald] 25/1/2019 15:49

What gives with the best part of 25% rise here today - have they flogged the core software business?

[tiswas] 25/1/2019 14:58

Any knowledgeable folk able to read across from earthport to a Homesend valuation?

Way beyond my paygrade!

[hibberts] 25/1/2019 14:46

Esg have 35.68% of Homsend.

[sheep_herder] 25/1/2019 14:29

Maybe they are...

[johnv] 25/1/2019 09:45

So they could easily take out our 15% holding. Why haven't they?

[johnv] 25/1/2019 09:40

Mastercard £233m outbids Visa to buy Earthport.

[longtermgains] 22/1/2019 16:14

Have a look at the detail:

hxxp://europa.eu/rapid/press-release_IP-19-582_en.htm

MA fine only relates to period pre Dec 2015 when the infringement ended when Mastercard amended its rules in view of the entry into force of the Interchange Fee Regulation

However, there is a further investigation concerning Mastercard. In the Statement of Objections addressed to Mastercard in 2015, the Commission also outlined its preliminary view that Mastercard's interchange fees applied to payments made in EEA with consumer debit and credit cards issued outside the EEA (“Inter-regional MIFs”) may breach EU antitrust rules.
The Commission is concerned that such fees applied by Mastercard may anti-competitively increase prices for European retailers accepting payments from cards issued outside the EEA and in turn lead to higher prices for consumer goods and services in the EEA. That part of the case is still pending.

My sense is that the early use cases for MASend xborder and HS are not at all weighted to the areas that remain under investigation