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Mastercard Names New President Of Canadian Operations

PYMNTS

Mastercard announced on Thursday (May 30) the appointment of Sasha Krstic as president of the company’s Canadian operations. The executive started with Mastercard in 2004 and has served in multiple roles, including sales, customer management, services and product development.

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Grubhub Mulls Sale As Market Share Drops

PYMNTS

Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers to help guide it through this difficult time.

Marketing 131
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Grubhub Mulls Acquisition As Market Share Dips

PYMNTS

Food delivery company Grubhub is considering a few strategic options to continue to compete in an increasingly crowded market, including a potential sale or an acquisition by another company, according to a report by The Wall Street Journal. The Chicago-based company has hired financial advisers to help guide it through this difficult time.

Marketing 130
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Mastercard Names New President For Canadian Operations

PYMNTS

Mastercard, the payments company, announced Thursday (May 30) the appointment of Sasha Krstic as president for the company’s Canadian operations. The executive started with Mastercard in 2004 and has served in multiple roles including sales, customer management, services, and product development.

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NYC Taxi Commission Accused Of $810 Million Fraud

PYMNTS

These taxi medallions were marketed as a pathway to the American Dream, but instead became a trapdoor of despair for medallion owners harmed by the TLC’s unlawful practices,” she added. . A taxicab medallion is a numbered plate required to operate a yellow cab.

Fraud 223
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Washington State AG Sues Debt Buyers for Operating Without a License

CFPB Monitor

On September 21, 2018, the Attorney General for the State of Washington filed a lawsuit (see complaint ) against several companies engaged in purchasing charged-off consumer debts, for operating as “collection agencies” without a license, in violation of the Washington Collection Agency Act (WCAA).

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

And then what happened in 2004-06 happened again. The Fed has paused for nearly a year now, and it was our experience in 2006-07 that bank cost of funds continued to increase as the market closed the delta between what someone could earn in a money market mutual fund and a bank account. Cost of funds is leveling off now.