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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. He joined Mastercard in 2003 and headed the company’s European and global consulting divisions. . Mark brings with him a wealth of knowledge and experience.

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FinTech Cloud Technology Fuels Banking Innovation

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Finastra unveiled Fusion Payments To Go , which the firm says decreases the expense and risk of keeping legacy infrastructure in adherence with regulations and evolving market initiatives. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

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

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Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. It now operates in 18 countries in Latin America. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic. percent year over year. ”

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Merchants Gone Wild: The Surcharge Edition

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Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. And then regulators are forced to backtrack. Because when they do, consumers can get hurt.

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Govt Eyes BEC, Govt Slammed By BEC

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That comes in the wake of BEC scams that are growing as a threat to companies of all sizes and industries as they conduct B2B operations. The South China Morning Post reports that the SFC has set up a form online through a page titled “Reporting corporate fraud and market misconduct.”

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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

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More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. While all small businesses may struggle with cash flow, certain market forces in the pharmaceuticals and healthcare space make owning a small pharmacy a challenging endeavor.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

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As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. population.

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