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Visa Inc V and Mastercard Inc MA are two of the biggest players in the U.S. credit card space.

While Visa is reporting fourth-quarter (Q4) earnings on Jan. 25, Mastercard is reporting on Jan. 31. The two firms compare well in terms of scaleand market performance.

Let's take a quick look at how these companies compare.

Also Read: US Consumer Debt Moves Toward Pre-COVID Levels: Economist Shares Top Takeaways

Looking at the trajectories above, while Visa stock is up 22.12% over the past year, Mastercard stock is up 16.16%.

Visa and Mastercard operate as global payment technology companies, facilitating electronic funds transfers and earning revenue through transaction fees. Both companies emphasize digital payments and global expansion, acting as intermediaries connecting financial institutions, merchants, and consumers.

Both entities have proven to be resilient and successful in the rapidly evolving payments industry. They do, however, differ in terms of their financial performance, market share, and technological innovation.Resilience Vs. Strength

Visa and Mastercard both exhibit robust financial performance, with consistent revenue and profit growth. Visas global reach and dominance in electronic payments contribute to its resilience, while Mastercards strategic partnerships and innovative approach to payment technology contribute to its sustained financial strength.Visa Dominates Market Share

Visa and Mastercard are global leaders in the payments industry, each holding a significant market share. Visas widespread acceptance and partnerships with financial institutions contributes to its dominance with 52% market share by purchase volume.

Mastercard competes closely, strengthened by its emphasis on technological advancements and strategic acquisitions. Mastercards market share by purchase volume stood at 24%.Loading… Loading… Technological Innovation Advancement Vs. Evolution

Both Visa and Mastercard prioritize technological innovation, investing in research and development to stay at the forefront of the digital payments landscape.

Visas proactive approach includes continuous advancements in payment technologies, while Mastercard focuses on contactless payments, blockchain technology, and collaborations with fintech companies to enhance user experiences and drive the evolution of payment methods.Valuation Differences

Chart compiled using Yahoo Finance data.

Looking at stock valuations, Visa offers more favorable trailing and forward earnings multiple. However, valuation figures for the two compare very closely, so let's look at analyst consensus ratings for further validation.

Chart compiled using Yahoo Finance data.

Per analyst consensus estimates, both Visa and Mastercard stand to offer investors over 6% upside. While the former has the potential to offer a 6.9% upside, the latter comes with a potential 6.62% upside.

Prima facie, both stocks look well positioned, with Visa stock having just a slight edge over Mastercard stock. But an assessment of the Q4 earnings will be able to give more insight into the outlook for these two stocks as analysts update their reviews and ratings.

Besides the differences discussed above, investors should review each firm's revenue growth, profitability and risk factors when making investment decisions.

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Business

Ex-Post Office head of IT says Paula Vennells ‘hoped to avoid’ inquiry – and reveals she blocked her number

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Ex-Post Office head of IT says Paula Vennells 'hoped to avoid' inquiry - and reveals she blocked her number

A former Post Office executive has said she was forced to block ex-boss Paula Vennells’ phone number after the ex-CEO called multiple times asking for help to avoid an independent inquiry into the Horizon IT scandal.

Lesley Sewell, previously the company’s head of IT, told the Post Office inquiry on Thursday that former CEO Ms Vennells had reached out to her four times between 2020 and 2021.

Ms Sewell said that she blocked Ms Vennells’ number due to discomfort with the contact.

In her witness statement to the probe, Ms Sewell said that one of Ms Vennells’ emails referenced the need to fill in memory gaps regarding Horizon and “Project Sparrow”, a committee addressing issues with forensic accountants who identified flaws in the accounting system.

“Paula contacted me on four occasions in total. I recall blocking her number after the last call as I did not feel comfortable with her contacting me,” Ms Sewell said.

“I had not spoken to Paula since I had left POL [Post Office Limited] in 2015.”

Lesley Sewell giving evidence to the Post Office inquiry. Pic: PA
Image:
Lesley Sewell giving evidence to the Post Office inquiry. Pic: PA

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According to Ms Sewell’s testimony, former chief executive Ms Vennells said that she had “been asked at short notice” to appear before a parliamentary select committee on “all things Horizon/Sparrow and need to plug some memory gaps”.

More on Paula Vennells

Ms Sewell says Ms Vennells added: “My hope is this might help avoid an independent inquiry but to do so, I need to be well prepared.”

Ms Sewell, who struggled to contain her emotions and broke down in tears while giving her oath at the start of her inquiry evidence, was offered support and breaks as needed by chairman Sir Wyn Williams.

Sir Wyn told the former executive: “Ms Sewell, I appreciate this may be upsetting for you, Ms Price will ask you a number of questions in a proper and sensible manner, but if at any time you feel you need a break, just let me know, all right?”

Lesley Sewell taking the oath at the Post Office inquiry. Pic: PA
Image:
Lesley Sewell taking the oath at the Post Office inquiry. Pic: PA

The Post Office has faced significant scrutiny following the ITV drama Mr Bates Vs The Post Office which highlighted the Horizon IT scandal.

The faulty system led to the prosecution of more than 700 sub-postmasters between 1999 and 2015, with many still awaiting full compensation despite government announcements regarding payouts for those with quashed convictions.

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Environment

VinFast (VFS) secures nearly 30K pre-orders for new $10,000 VF 3 in under three days

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VinFast (VFS) secures nearly 30K pre-orders for new ,000 VF 3 in under three days

In under 66 hours after launching its new low-cost electric SUV, VinFast’s VF 3 racked up nearly 30,000 pre-orders. Starting under $10,000 (235 million VND), the VinFast VF 3 is already creating a buzz. Following the special price promo, the VF 3 will cost around $20,000.

Meet the new low-cost mini electric SUV

VinFast revealed the affordable VF 3 at CES 2024 in January, announcing plans to launch the mini electric SUV globally, including in the US.

The VF 3 aims to “unbound the imagination of urban mobility that is not only sustainable but also accessible for everyone,” according to Ms. Tran Mai Hoa, VinFast’s deputy CEO of sales and marketing.

In other words, VinFast looks to meet the growing demand for low-cost EVs globally. VinFast designed the compact electric SUV for cruising through the city.

At 125.6″ long, 66.1″ wide, and 63.8″ tall, the VF 3 is even smaller than Volvo’s new EX30 (167″ long X 72″ wide X 61″ tall).

The electric SUV is equipped with a 10″ infotainment with Android Auto and Apple CarPlay compatibility. With the second-row seats fully folded, the VF 3 offers up to 550 liters of cargo space.

VinFast-VF-3-pre-orders
VinFast VF 3 (Source: VinFast)

VinFast VF 3 racks up close to 30,000 pre-orders in 66 hrs

After announcing it was accepting early deposits for the VF 3 last week, VinFast says the electric SUV is already creating hype.

VinFast revealed the VF 3 received 27,649 pre-orders within 66 hours of launching, a new record for a Vietnamese automaker.

The VF 3 is already a “social media phenomenon in Vietnam,” topping trend rankings ahead of its global debut. With the low-cost special introductory price of $9,248 (235 million VND), the mini electric SUV is already making a big impact.

VinFast-$20,000-electric-car
VinFast VF 3 interior (Source: VinFast)

The special price (235 million VND) is for the battery subscription model. With the battery included, the VF 3 can be ordered for 315 million VND ($12,390). The promotion ran from May 13 to May 15.

VinFast says paying for the VF 3 upfront costs only half the price of the cheapest gas car currently available in Vietnam.

VinFast-VF-3
VinFast VF 3 (Source: VinFast)

Otherwise, buyers need only 50 to 70 million VND ($1,965 to $2,750) for a down payment. The rest can be financed with monthly payments of just over 2 million VND ($78.5) over eight years.

For the first time in Vietnam, VinFast sold the VF 3 on e-commerce platforms like Shopee, resulting in over 50% online orders.

VinFast-VFS-stock-chart
VinFast (VFS) stock chart (Source: TradingView)

VinFast (VFS) stock is up 8% on Thursday and 44% over the past month. However, VFS shares are still down 34% this year and over 90% from their ATH last August, shortly after going public.

Electrek’s Take

VinFast has already announced plans to sell the VF 3 globally, including in the US. However, the $10,000 (235 million VND) promo price was a special offer. The VF 3 will cost around $20,000 in Vietnam.

Although these are pre-orders, it’s still a sign of demand for low-cost EVs. If the demand is high in Vietnam, it should be interesting to see how many pre-orders the VF 3 racks up in other global markets like Europe, North America, and Asia.

Would you buy the VF 3 for $20,000? Let us know your thoughts in the comments below.

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Politics

Regulatory crackdown spawns anti-SEC ‘CultureCoin’

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<div>Regulatory crackdown spawns anti-SEC 'CultureCoin'</div>

Creators of NotWifGary aim to “stand [their] ground against Gary Gensler and the SEC” in support of Ethereum and open-source developers.

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