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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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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. ‘PayFac’ technology simplifies underwriting and onboarding. Leadership and board members. Fraud prevention tools. Focus on developers.

Online 98
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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. GonzoBankers, 2019 was a year of extremes. billion of assets under management.

Idaho 148
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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.

Fraud 78
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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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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. Powa Technologies. The problem, of course, is that Holmes’ technology was a sham. Powa Technologies. Table of Contents.

Report 78
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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. No AdMob, no product. Founded: 2013.

Apple 78