UPDATE 1-MetaBank, Fiserv win contracts to issue Visa pre-paid cards for U.S. stimulus cash [Reuters (UK)]
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Source: Reuters
MetaBank, Fiserv win contracts to issue Visa pre-paid cards for U.S. stimulus cash - Reuters 2 Min Read WASHINGTON (Reuters) - MetaBank ( CASH.O ) and Fiserv ( FISV.O ) won U.S. Treasury contracts to issue Visa Inc ( V.N ) pre-paid cards loaded with coronavirus stimulus payments, according to two people familiar with the matter. Industry groups had pushed for Treasury’s Internal Revenue Service to allow this pre-paid form of stimulus payments, which is designed to help millions of Americans struggling due to coronavirus lockdowns, Reuters reported last week. Fiserv and VISA declined to comment. MetaBank did not respond to a request for comment. Pre-paid cards would speed up disbursement of stimulus funds to Americans for whom the IRS has no bank account data, including several million who do not have a bank account. The IRS began this month depositing payments, approved as part of a $2.3 trillion congressional relief package, directly into the bank accounts of taxpayers who rece
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- Here Are Thursday's Top Wall Street Analyst Research Calls: AutoZone, BXP, Fiserv, Meta Platforms, PayPal, Salesforce, Toast and More [Yahoo! Finance]Yahoo! Finance
- Fiserv (NASDAQ:FISV) had its "neutral" rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $85.00 price target on the stock.MarketBeat
- SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Fiserv, Inc. (NASDAQ: FISV)GlobeNewswire
- Strong Black Friday Sales Highlight an Otherwise Flat November, According to Fiserv Small Business IndexBusiness Wire
- CLASS ACTION NOTICE: Berger Montague Advises Fiserv, Inc. (NYSE: FI) Investors to Inquire About a Securities Fraud Class ActionPR Newswire