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Michael Froman, vice chairman and president of strategic growth at Mastercard commenting on their par
September 16 · Issue #107 · View online
Michael Froman, vice chairman and president of strategic growth at Mastercard commenting on their partnership with Microsoft to offer a global trading platform that helps businesses manage their supply chain more effectively, saving billions of pounds every year:
“While there have been great improvements and innovations in the way consumers pay, the global B2B space remains highly inefficient and paper-based,… This adds hundreds of billions of dollars of costs and burdensome delays to global trade. Mastercard Track is a tool that will help reduce frictions in the global trading system and promote increased exports – especially by small and medium-sized businesses.”

Charles Randall, Chairman at FCA“Whatever shape Brexit eventually takes, maintaining and deepening our partnerships with international regulators and law enforcement agencies will remain vital,… It is important to stress that we cannot manage the risks of financial crime successfully unless we can share data in this way. Data sharing provides both the UK and EU countries with a vital foundation to tackle cross-border market abuse, including insider dealing and cross-market manipulation.”

Motive Podcasts
Last week we spoke to Chris Hulatt (Co-founder of Octopus Group) and this Wednesday we hear from Matthew Blake (Senior Director, Head of Financial and Monetary System Initiative at the World Economic Forum)
The Future of Finance by Motive Labs on Apple Podcasts
The Future of Finance by Motive Labs on Android
Upcoming Industry Events
Financial Services
Microsoft and MasterCard partner to improve global trade costs with business platform
Modeling the global economic impact of AI
PayPal debuts Funds Now, instant payouts for sellers on its platform
Al Lukies: microdonations’ time is now, and the paytech sector has big role to play
DBS taps WhatsApp and WeChat for wealth client communications
Emerging economies and the companies that propel them to higher growth
Mastercard, Nedbank create digital payment ecosystem for businesses
Barclays invests in financial software development platform Beacon
Nasdaq to Acquire Swedish FinTech Provider Cinnober
Instant payments to reshape market
How banks can gain trust and reach full PSD2 compliance
Klarna to acquire consumer financing arm of Close Brothers
How digital lending is remaking credit, including digital mortgages
The Zero Fee card acceptance revolution: How they do it
FinTech enters the dictionary
United Kingdom and Singapore Commit to Cooperate More Closely on Financial Services Including FinTech Bridge
Crowdcube acquires business reporting software Supdate
UK tops EU list for cashless payments
Yoco one of many new African FinTech stars to watch
Abra and Coinify Partnership to Extend Wallet Services to Europe
A true story: Techfins (Amazin) beat Fintechs and Banks on SME lending
Ripple and R3 settle legal dispute
Technology and future of education
FinTech: From threat to ally
FCA warns of financial crime risks post-Brexit
Regulator to crack down on ATM closures
EU moves to add Japan to data transfer white list
Google case set to examine if EU data rules extend globally
EBA given sweeping new powers to tackle money laundering abuses at EU banks
Broadridge Launches Ex-Post Reporting Solution for MiFID II
Brazil's New GDPR-Inspired Law Could Spur EU Data Deal
Belgium Publishes Data Protection Laws Implementing GDPR
Key Hires
Powered by JBM Consulting - a leading financial services & technology focused boutique search firm
Alibaba co-founder Jack Ma to retire, say reports
Low leaves Letshego on a high
Goldman Sachs Announces Changes to Top Leadership
Broadridge Announces Tim Gokey as its New Chief Executive Officer
Amana Capital Hires Andy Zhang to Target China
Morningstar Promotes Christian Mesenholl to Head of Central Europe
Monex Group Announces Executive Changes in Monex Inc and Coincheck
Google Cloud names Andrew Moore its new head of AI
Colt Technology Appoints Keri Gilder as CCO
M&A Activity
Funding Transactions
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