Financial services

Tangerine Bank Does it Again with Back-To-Back Top Rankings in J.D. Power 2020 Canada Credit Card Satisfaction Study

Thursday, September 17, 2020 - 12:30pm

In addition, 2% categories can be customized so that as life changes, your 2% categories can change, too.

Key Points: 
  • In addition, 2% categories can be customized so that as life changes, your 2% categories can change, too.
  • Both Tangerine Credit Cards offer a range of other benefits, which can be found here .
  • Tangerine Bank is a digital bank that delivers simplified everyday banking to Canadians.
  • Tangerine Bank offers banking that's flexible and accessible, products and services that are innovative, fair fees and award-winning Client service.

Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments

Thursday, September 17, 2020 - 12:30pm

BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.

Key Points: 
  • BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.
  • Students will be able to make their international tuition payments in their local currencies using Mastercard credit or debit cards as the lowestcostcard payment option with Flywire.
  • Our client schools and their student families around the world trust Mastercard for convenient and secure payments, said Mike Massaro, CEO of Flywire.
  • To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world.

Thomas Pytel, Jr. Joins CopperPoint as Vice President, Chief Marketing and Corporate Communications Officer

Thursday, September 17, 2020 - 11:28am

PHOENIX, Sept. 17, 2020 (GLOBE NEWSWIRE) -- CopperPoint Insurance Companies, a western-based super regional commercial insurance company, announced that Thomas Pytel, Jr. has joined the company as Vice President, Chief Marketing and Corporate Communications Officer.

Key Points: 
  • PHOENIX, Sept. 17, 2020 (GLOBE NEWSWIRE) -- CopperPoint Insurance Companies, a western-based super regional commercial insurance company, announced that Thomas Pytel, Jr. has joined the company as Vice President, Chief Marketing and Corporate Communications Officer.
  • Thomas is an experienced marketing executive who brings an extensive insurance background to CopperPoint at an important time in our growth, said Marc Schmittlein, President and Chief Executive Officer, CopperPoint Insurance Companies.
  • Most recently, Thomas served as Vice President, Marketing & Corporate Communications for Mutual Insurance Company of Arizona.
  • CopperPoint Mutual Insurance Holding Company is the corporate parent of CopperPoint Insurance Companies, Pacific Compensation Insurance Company and Alaska National Insurance Company.

Mastercard Pledges $500 million to Help Close Racial Wealth and Opportunity Gap for Black Communities Across America

Thursday, September 17, 2020 - 11:30am

In its sustained efforts to build a more inclusive global digital economy, Mastercard is investing $500 million in Black communities over the next five years.

Key Points: 
  • In its sustained efforts to build a more inclusive global digital economy, Mastercard is investing $500 million in Black communities over the next five years.
  • Mayors Fund and Accelerator for America will expand the Angeleno Card initiative, which has already distributed more than $36 million to help more than 100,000 L.A. residents hardest hit by the pandemic.
  • I commend Mastercard for building on their financial inclusion efforts by working with American cities like us to close the racial and opportunity gaps for Black communities created by generations of disparities.
  • Effective change requires a community effort and a holistic approach for closing the racial wealth gap.

Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments

Thursday, September 17, 2020 - 8:30am

BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.

Key Points: 
  • BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.
  • Students will be able to make their international tuition payments in their local currencies using Mastercard credit or debit cards as the lowestcostcard payment option with Flywire.
  • Our client schools and their student families around the world trust Mastercard for convenient and secure payments, said Mike Massaro, CEO of Flywire.
  • To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world.

Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments

Thursday, September 17, 2020 - 8:00am

BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.

Key Points: 
  • BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.
  • Students will be able to make their international tuition payments in their local currencies using Mastercard credit or debit cards as the lowestcostcard payment option with Flywire.
  • Our client schools and their student families around the world trust Mastercard for convenient and secure payments, said Mike Massaro, CEO of Flywire.
  • To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world.

Card to Exceed Cash Payment in Germany for the First Time in History

Thursday, September 17, 2020 - 7:03am

More payments will be made through card than cash in Germany in 2020, according to global market research company Euromonitor International, a first in history for the German consumer payment market.

Key Points: 
  • More payments will be made through card than cash in Germany in 2020, according to global market research company Euromonitor International, a first in history for the German consumer payment market.
  • According to the white paper The German Consumer: Rapid Evolution Amidst the Crisis , total card payment transaction value in Germany is projected to surge by 28%, while cash transactions will drop by 34% in 2019-2025.
  • As a response to the COVID-19 pandemic, German consumers showed an abrupt shift in payment behaviours, increasingly using card payments over physical cash for hygiene reasons.
  • German consumers are set to become heavy payment card users by 2040, with an increase in their mobile device usage for payments.

Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments

Thursday, September 17, 2020 - 6:00am

BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.

Key Points: 
  • BOSTON, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Flywire , a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard.
  • Students will be able to make their international tuition payments in their local currencies using Mastercard credit or debit cards as the lowestcostcard payment option with Flywire.
  • Our client schools and their student families around the world trust Mastercard for convenient and secure payments, said Mike Massaro, CEO of Flywire.
  • To date Flywire has processed over $16 billion in total payments volume for over 2,000 clients around the world.

360F accelerates digital transformation for insurers in the Middle East

Thursday, September 17, 2020 - 4:50am

360F partnered with Zurich Insurance to launch a direct-to-customer engagement application, 360-NeedsProfiler, in the Middle East.

Key Points: 
  • 360F partnered with Zurich Insurance to launch a direct-to-customer engagement application, 360-NeedsProfiler, in the Middle East.
  • Highly familiar with regulations in the Middle East, including the impending BOD-49 requirements, 360F is making headway with a string of projects that will mark as transformational milestones for the market in Dubai.
  • "Retail consumers acknowledge that they need financial advice, but they don't trust financial planners easily," says Michael Gerber, CEO of 360F.
  • "360F's technological expertise, entrepreneurial spirit and divergent thinking is helping us to achieve our ambition to disrupt legacy insurance rational and behaviour," said Mr Anthony McGonagle, Zurich Insurance's head of digital transformation.

WeLab Bank Teams Up with Solace to Achieve Digital Banking Ambitions

Thursday, September 17, 2020 - 1:33am

Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.

Key Points: 
  • Through the partnership with Solace, WeLab Bank can also continue to deliver innovative and game-changing financial service products to all customers.
  • Solace's secure and scalable messaging backbone has been invaluable in helping WeLab Bank shorten the time-to-market for our current and future digital bank offerings," said Kenneth Chau , Chief Technology Officer at WeLab Bank.
  • "Solace is proud to be a part of Hong Kong's digital banking revolution by working with WeLab Bank to bring a next-generation banking experience to fruition," said Sumeet Puri , Chief Technology Solutions Officer, Solace.
  • WeLab Bank Limited ("WeLab Bank" or the "Bank"), is a homegrown virtual bank licensed by the Hong Kong Monetary Authority ("HKMA").