Embattled co-working company WeWork is facing another set of layoffs while trying to cut expenses and rebound from a tough period that saw a failed IPO and an ousted CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amazon’s VP of Delivery Experience Maria Renz is quitting the firm after more than 20 years and is heading over to digital lender Social Finance (SoFi), The Wall Street Journal reported on Thursday (March 12), citing sources. Get the Full Story Complete the form to...
A new deal struck by Twitter and investment firms Silver Lake and Elliott Management won’t affect CEO Jack Dorsey’s position with the company, according to CNBC. The latest development comes after Elliott’s attempts in recent weeks to oust Dorsey. Get the Full Story Complete the...
Amrish Rau, former PayU India head, has joined payment solutions provider Pine Labs as its new chief executive officer, according to Deal Street Asia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mark Lenhard, a PayPal veteran, is joining the board of Modo, bringing the experience of an operator, an advisor, and an investor, having completed work across the full stack of financial services. He told PYMNTS that he has “deep expertise” in payments on both the issuing...
There is no lack of good ideas in financial services, nor is there a lack of enthusiasm for putting them in place and enhancing the customer experience among banks and other financial service providers. Two years of tracking by the Innovation Readiness Playbooks has clearly demonstrated that...
Virgin Money is laying off a quarter of its branch network, shedding 500 jobs. Meanwhile, Lloyds Banking Group has announced plans to cut 780 more jobs from its branches, Reuters reported on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this...
LendingClub announced on Wednesday (Feb. 26) its new Chief Risk Officer Annie Armstrong, who has decades of experience in risk management for financial service companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As Uber aims to stem losses from its Eats business in places where there is no indication that it will turn into a number one or two player, the executive leading the Eats business of Uber is departing the firm. Pierre-Dimitri Gore-Coty, who is the...
