TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement company announced in a Monday (May 6) news release. “With over 20 years of experience in cross-border payments, Hassan brings with...
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28 workers, or 13% of its non-call center staff. “The reduction in force is a component...
Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal reasons, parent firm One97 Communications said in a regulatory filing Saturday (May 4). In addition, the company has appointed Rakesh Singh as...
Peloton Interactive has begun a search for a new CEO and announced that Barry McCarthy has stepped down as CEO, president and board director. Chairperson Karen Boone and Director Chris Bruzzo will serve as interim co-CEOs, while Director Jay Hoag has become the new chairperson of the board of directors, the connected fitness company said...
June 20, 2023
In the United States, an average employee has over $3,000 in unused paid time off (PTO) at any given moment, with over $318 billion annually in unused PTO being rolled over each year, according to Veetahl Eilat-Raichel, co-founder and CEO at FinTech startup Sorbet. “There’s a massive market failure around PTO and how it’s constructed […]
June 12, 2023
When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for retailers, merchants and any other...
December 02, 2022
The fear of alienating customers may be keeping independent restaurants from increasing prices. As they struggle to balance the need to drive sales, to maintain a high quality of service...
November 15, 2022
In what began as a recognition of workplace imbalances and inequities, diversity, equity and inclusion (DE&I) efforts are now evolving into a way of strengthening companies with a broad chorus...
May 06, 2024
Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial intelligence (AI), data science, product engineering, technology operations, information security and other areas across the firm’s ecosystem, Rocket Companies said in a Monday (May 6) press release. Rocket Companies’ brands include Rocket Mortgage, Rocket Homes, Amrock, Rocket […]
May 06, 2024
TerraPay has named former Western Union executive Hassan Chatlia to a new leadership role. Chatlia will serve as vice president, global head of network for TerraPay, the London-based money movement company announced in a Monday...
May 06, 2024
Bakkt is cutting staff after warning earlier this year about the future of the company. The cryptocurrency platform said in an April 29 securities filing that it is laying off 28...
May 05, 2024
Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal reasons, parent firm One97 Communications...
