Strong Week For Network, Acquiring Stocks

What's Next In Payments®
3:03 PM EDT June 10th, 2012

Investors seemed to love ACI Worldwide’s explanation for why it acquired S1 Corp., as the New York-based acquirer’s stock price rose seven percent following an update issued this week. At nearly $40 a share, ACIW is trading near its 52-week high, and is up more than 38 percent since the start of 2012.

Two other major acquirer/processors — Fiserv and TSYS — also enjoyed strong weeks of trading, with their stock prices increasing 5.4 percent and 4.2 percent respectively over five days. Those three acquirers combined with the big four payment networks — Discover (6.8), MasterCard (6.3), American Express (4.5) and Visa (3.9) — to round out the top seven gainers among public companies in the payments industry.

Net 1 UEPS, a South Africa-based processor that trades on the NASDAQ (symbol: UEPS), was payments’ biggest loser for the week, as its shares fell more than three percent. The company is relatively small, with a market capitalization of roughly $375 million as of Friday.

Updates to each of PYMNTS.com’s Stock Indices are published below.


About the Bank Payment Indices

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Acquirer/
Processor
Network POS Equipment/
Software
Bank Payment Remittance Prepaid Issuer All Payments
Closing 119.18 158.27 112.39 97.45 85.51 46.86 118.31
Weekly Gain (#) 4.79 7.51 2.97 1.29 1.16 0.61 3.33
Weekly Gain (%) 4.19% 4.98% 2.71% 1.34% 1.37% 1.31% 2.89%

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