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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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Intel Unit Case Could Mean Billions In Taxes For Big Tech

PYMNTS

The lawsuit was over a 2003 regulation that gave specific instructions on how companies have to account for equity compensation and stock that they pay to workers when figuring out cost balances between a parent company and its foreign counterpart. operations, so they can claim a business-expense deduction, which saves money.

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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

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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The Few, the Proud, the Protected — Provisions in SCRA That Financial Institutions Must Be Aware Of

Perficient

The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. It also applies when the lessee has orders to deploy with a military unit or as an individual in support of a military operation for no less than 90 days. Termination of automobile leases.

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

PYMNTS

It now operates in 18 countries in Latin America. Osvaldo Giménez , executive vice president and CEO of FinTech, which includes Mercado Pago, told PYMNTS that the region is complex, with different regulations governing each of the 18 countries where it trades. “I Therein lies the value proposition for Mercado Pago.

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Merchants Gone Wild: The Surcharge Edition

PYMNTS

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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U.S. Department of Education Axes Arbitration Provisions in Final Student Loan Rules

CFPB Monitor

Department of Education recently announced final regulations , effective July 1, 2023, designed to expand and improve the major student loan discharge programs authorized by the Higher Education Act. We commented on the Department’s proposed regulations when they were issued last summer.

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