Citi CEO Michael Corbat Announces Plans to Retire in February 2021
Sep12

Citi CEO Michael Corbat Announces Plans to Retire in February 2021

 12 September 2020 – Citi CEO Michael Corbat has announced that, after 37 years at Citi, including the last eight years as CEO, he plans to retire from Citi and step down from its Board of Directors in February of 2021. The Board of Directors selected Jane Fraser, currently Citi’s President and CEO of Global Consumer Banking, to succeed him as CEO in February, and she has been elected to the Board of Directors, with service...

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BIMA Secures $30m To Drive Mass Adoption Of Digital Health And Insurtech Solutions In Emerging Markets
Sep10

BIMA Secures $30m To Drive Mass Adoption Of Digital Health And Insurtech Solutions In Emerging Markets

10 September 2020 – BIMA, the leading provider of digital health and insurtech services in emerging markets, operating in Malaysia since 2018, has secured $30 million in further investment as demand for digital health services doubles. COVID-19 is the catalyst behind the surge, with consumers seeking increased access to telemedicine and insurance cover against life and health risks. Leading Chinese fintech investor CreditEase...

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Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion
Sep05

Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion

 5 September 2020 – Mastercard today signed a memorandum of understanding (MoU) with Malaysia Digital Economy Corporation (MDEC), an agency under the Ministry of Communications and Multimedia Malaysia (KKMM) to advance the digitalization of Malaysia’s economy, and support digital initiatives outlined in the government’s new PENJANA economic recovery plan. The partnership will focus on enabling e-commerce for micro,...

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Data Drives COVID-19 Recovery For Asia Pacific Businesses And Global Travel Bounces Back With A More Local Focus
Sep05

Data Drives COVID-19 Recovery For Asia Pacific Businesses And Global Travel Bounces Back With A More Local Focus

 5 September 2020 – Deep data insights are driving COVID-19 recovery strategies across all industries, including the travel and entertainment sectors where promising signs of improvement are starting to emerge, according to two reports by Mastercard that analyze how companies and consumers are weathering the pandemic and preparing for the future. Sailing Against the Wind features case studies on six sectors in Asia Pacific...

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Mastercard Partners With Goals101.Ai To Make Banking More Personalized, Automated And Delightful
Aug27

Mastercard Partners With Goals101.Ai To Make Banking More Personalized, Automated And Delightful

 27 August 2020 – Mastercard has entered an alliance with Goals101.ai, the leading bank-tech and AI company. Goals101.ai connects merchants and issuers using big data, artificial intelligence and automation to create targeted and personalized offers for Bank cardholders. This helps banks to improve the effectiveness of their communication and makes the banking experience more personalized for their customers. The plug and...

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Mastercard Deepens Commitment to Myanmar with Local Presence
Aug27

Mastercard Deepens Commitment to Myanmar with Local Presence

 27 August 2020 – Mastercard has announced that it is deepening its commitment to Myanmar by taking steps to incorporate an entity in the country – thereby establishing a local office presence in Yangon – and to appoint a country business development manager. Mastercard aims to support the advancement of Myanmar’s digital payments ecosystem and its efforts to build a futuristic and inclusive cashless society. The...

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