Business News

Mastercard Names Paul Stoddart President of New Payment Platforms

Succeeds David Yates, Who Moves Into Advisory Role February 5, 2019/Mastercard Mastercard today announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies. In this […]

Brex to Issue World Elite Mastercard for Business

February 5, 2019/Businesswire Brex, today announced that it will start issuing World Elite Mastercard for Business with an enhanced rewards structure and rich suite of travel benefits. Current Brex cardholders will be switched to Mastercard’s World Elite program this month, giving startup founders access to additional personalized, premium rewards. “We’ve […]

Seplat Upgraded To ‘B’ After Further Progress On Derisking Its Business; Outlook Stable

Culled—Proshare February 5, 2019/ S&P Global Ratings We expect indigenous Nigerian oil producer Seplat Petroleum Development Company will report strong results in 2018 supported by healthy oil prices and relatively low capital expenditure (capex) and dividends. In our view, this resulted in a reported net cash position as of end-2018. […]