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Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
Mercado Libre Appoints Andre Chaves to Head Brazilian FinTech Business
March 01, 2024  |  Personnel

Mercado Libre, an eCommerce and payments platform in Latin America, appointed Andre Chaves as the new head of its FinTech business in Brazil. “Very humbled and excited...

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Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
Mastercard and Loop Partner on Credit Cards, Payments in Saudi Arabia
March 01, 2024  |  Partnerships

Mastercard partnered with Loop, a digital payments technology company licensed by the Saudi Central Bank, to launch credit card and payment solutions in Saudi Arabia. Loop will use...

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Mastercard and MTN Group Partner on Mobile Payments in Africa
Mastercard and MTN Group Partner on Mobile Payments in Africa
March 01, 2024  |  Mobile Payments

Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will...

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Volkswagen Expects Slower Growth Amid Macroeconomic Challenges
Volkswagen Expects Slower Growth Amid Macroeconomic Challenges
March 01, 2024  |  Earnings

Volkswagen Group expects its sales revenue growth to slow in 2024. The automaker said in a Friday (March 1) press release that it expects sales...

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Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
March 01, 2024  |  Loans

Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...

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Report: Meta Rejects Partnership With Google on Virtual Reality Headsets
Report: Meta Rejects Partnership With Google on Virtual Reality Headsets
March 01, 2024  |  Big Tech

Meta reportedly turned down Google parent company Alphabet’s suggestion that the companies partner on virtual reality (VR), augmented reality (AR) and mixed reality (MR) headsets. Alphabet had suggested that...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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NYCB Announces Leadership Changes, Delays Annual Report
NYCB Announces Leadership Changes, Delays Annual Report
March 01, 2024  |  Banking

New York Community Bancorp (NYCB) has announced leadership changes in the CEO role and a board position. These changes came on the same day the...

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Barclays Veteran Marc Page to Join Metro Bank as CFO
Barclays Veteran Marc Page to Join Metro Bank as CFO
February 29, 2024  |  Personnel

Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said...

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