Category: mastercard
Mastercard given approval to prepare for entry into China’s payments market
After years of unsuccessful attempts to enter China’s massive $27 trillion payments market, Mastercard announced today it has won approval from the People’s Bank of China (PBOC) to begin formal preparation to set up a bank card clearing institution in China. The news is a significant step toward Mastercard being…
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Trump to halt immigration from Africa’s top tech hub, Nigeria
The Trump administration announced Friday it would halt immigration from Nigeria, Africa’s most populous nation with the continent’s largest economy and leading tech hub. The restrictions would stop short of placing a full travel ban on the country of 200 million, but will suspend U.S. immigrant visas for Nigeria —…
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Trump’s travel ban could extend to Africa’s top tech country, Nigeria
The Trump administration is poised to add several African countries to a U.S. travel ban list, including Africa’s top tech hub, Nigeria. Politico first reported the White House is considering Tanzania, Eritrea, Sudan and Nigeria for new travel restrictions, to coincide with the three-year anniversary of Trump’s original executive order,…
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A founder’s guide to recession planning for startups
Schwark Satyavolu Contributor Schwark Satyavolu is a general partner at Trinity Ventures where he makes early-stage investments in fintech, security and AI. A serial entrepreneur, he co-founded Yodlee (YDLE) and Truaxis, both of which were acquired. Previously, he held senior executive positions at LifeLock and Mastercard. He is an inventor…
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