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Mastercard Selects New President For European Operations

PYMNTS

He will be tasked with developing strategy, direction and comprehensive success of Mastercard’s operations across 53 countries in Europe. Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard.

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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It is one of the region’s fastest-growing companies, having just turned in a stellar first quarter in a region that has more complexities than any of its northern neighbors. ”

America 248
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KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. The co-founders of Heidelpay and the existing management team kept a minority stake in the business.

Payments 136
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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. He later joined Kleiner Perkins Caufield Byers as a partner for a period between 1999 and 2003. Operating Location: San Francisco, CA. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA.

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A Tale of Two Cities (Conference Season)

Celent Banking

The T24 overhaul appears to have already borne fruit, with the Swedish retail bank Nordea Bank signing up last September to implement T24 across its regional base of 10.8 million retail and 500,000 corporate customers in several Nordic countries. FIS's community banks had their own conference called InfoShare back in April.).

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

The early consultants changed that by using market research and data analysis combined with niche expertise to help companies manage their supply chains, improve their product positioning, and enter new markets to beat their competitors. From one perspective, the position of management consulting as an industry has never seemed more secure.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

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