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PayU India Chief Now Payments Provider Pine Labs CEO
March 03, 2020

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 —...

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Mark Lenhard Joins Modo’s Board
March 03, 2020

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...

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Visa’s Former Innovation Chief, Jim McCarthy, To Begin Position As President At i2c
March 02, 2020

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...

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Virgin Money, Lloyds To Cut 1,200 Jobs
February 27, 2020

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...

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LendingClub Hires Uber’s Annie Armstrong As Chief Risk Officer
February 27, 2020

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 —...

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Uber Ousts Uber Eats Head As It Looks To Stem Losses
February 25, 2020

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...

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Expedia To Cut 12 Pct. Of Staff
February 25, 2020

Travel site Expedia has announced that it will cut 3,000 workers in an attempt to streamline its “bloated” company after the exit of its CFO and CEO, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this...

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Mastercard Names New CEO; Banga To Become Executive Chair
February 25, 2020

Mastercard’s Ajay Banga is leaving his post as CEO to assume the company’s executive chairman position effective Jan. 1, 2021, as Chief Product Officer Michael Miebach prepares to take his reins, Mastercard announced on Tuesday (Feb. 25). Get the Full Story Complete the form to...

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FinCEN Announces New Digital Innovation Officer/Deputy Director
February 21, 2020

The Financial Crimes Enforcement Network (FinCEN) has announced Michael Mosier as its new digital innovation officer and deputy director. Mosier succeeds Jamal El-Hindi, who will serve as the interim chief data officer (CDO) for the Department of the Treasury. In that role, El-Hindi will apply...