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Equifax Names Ex-Mastercard CEO To Its Board

PYMNTS

According to Equifax , Selander served as president and CEO of Mastercard from 1997 until 2010. Prior to Mastercard, he spent 20 years at Citibank, where he held several leadership positions, including managing parts of Citibank’s Consumer Financial Services business in the United States, Brazil, Puerto Rico and the United Kingdom.

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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far. Total Funding: $1.1B.

Fraud 78
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Leadership and board members. Fraud prevention tools. Focus on developers. How Stripe makes money. Market opportunity. Funding, valuation, and investors.

Online 98
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

While November 2010 saw the release of the new Windows Phone with a new platform, it never caught on with consumers. When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team. Microsoft and Nokia. Date: April 25, 2014. Price: $7.9B.

Google 76
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11 Lessons From Startup Chapter 11s

CB Insights

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business.

Apple 78