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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 added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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Innovative Ecosystem Draws FinTech Firms To Toronto

PYMNTS

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”.

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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015. The Sightline platform integrates with the i2c agile processing vehicle and APIs to deliver Play+, a cashless solution that gives gaming operators the ability to move money in real-time between tables, slots, and kiosks. There are more than 2.5

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Bankable Partners With Visa For Global Expansion

PYMNTS

“Our strategic partnership with Visa represents a great opportunity to further accelerate digital payments innovation in the region. as well as leading regional, community and selected global banks organized to support FinTechs,” Mouilleron said. The New York team will handle operations in London and Dubai.

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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said. In 2016, corporate banking made up 38 percent of overall operating income across 20 of the world’s largest banks,” said Celent Senior Analyst Patricia Hines in a statement at the time.

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Made In India – Top 5 Extremely Useful Apps!

BankBazaar

Their roster of the biggest names in Indian cinema makes Disney+ Hotstar the preferred destination for the biggest blockbusters from Bollywood and regional cinema. Bigbasket (Innovative Retail Concepts Private Limited) is India’s largest online food and grocery store. Its mobile app was launched to support almost all operating systems.

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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5 The DOJ Finding.

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