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MasterCard Canada Names New President: Kevin J. Stanton was promoted last month to president of MasterCard Canada. He had been serving as interim president since March, when Walt Macnee gave up the president's post to become executive vice president of card products at Canadian Imperial Bank of Commerce, Canada's largest Visa issuer. Prior to being named interim president, Stanton was senior vice president of strategy and market development at MasterCard Canada.
Frost & Sullivan Predicts Java Card Will Dominate, While Multos Survives: Java Card will retain its lead in smart card software, but Multos will survive and be used on nearly 47 million smart cards by 2008. …