Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Equifax, the embattled credit scoring firm reeling from a data breach that may have impacted as many as 143 million U.S. consumers, announced news on Tuesday (Sept. 26) that Richard Smith will retire as chairman of the board and CEO of the company. Get the...
Social Finance’s top technology executive, June Ou, has decided to leave the company, making her the fourth senior SoFi executive to leave the firm in recent months. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In Uber news this week, sources have revealed that Benchmark, Uber’s biggest investor, wants Meg Whitman to be the ridesharing company’s new CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
On the heels of its recent IPO, meal kit food delivery service Blue Apron is implementing a hiring freeze in select departments and has issued layoff notices to 14 of its recruiters, according to news from TechCrunch. The company is also shuttering its existing New Jersey plant and shifting...
Macy’s has tapped Hal Lawton to serve as its next president, succeeding Jeff Gennette, who is now the retailer’s CEO. Lawton comes to Macy’s from eBay, where he held the role of senior vice president. He will officially join Macy’s on Sept. 8. Get the Full...
Cardtronics, the ATM owner and operator, announced news on Monday (Aug. 21) that Chief Executive Officer Steven A. Rathgaber, 64, will retire from his executive and directorial roles, effective December 31, 2017. Get the Full Story Complete the form to unlock this article and enjoy...
Citigroup announced news on Tuesday (Aug. 15) it had appointed Gonca Latif-Schmitt as the global head of its commercial cards business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Wells Fargo & Company has announced that Elizabeth “Betsy” Duke will succeed Stephen Sanger as independent chairman of the board, a result of shareholder displeasure over the company’s recent scandals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
