Snap, the struggling maker of the disappearing app Snapchat, saw its stock take a big hit after announcing its chief financial officer Tim Stone, who came on board in May, is resigning. According to a report in The Financial Times citing a Securities and Exchange Commission filing,...
The U.S. Faster Payments Council (FPC), a membership comprised of payment industry leaders, has appointed Kevin Christensen, a senior executive at the SHAZAM network, as the acting executive director and interim board chair, according to a news release by the organization. Christensen is one of...
Paysafe Group has hired Mastercard’s Walt Macnee as an independent, non-executive director. Macnee currently serves as vice chairman of Mastercard where he has led multiple global growth initiatives, with a focus on financial inclusion for the billions of people around the world without access to...
PayPal appointed Allison Johnson, a marketing veteran with over two decades of experience in her field, as the company’s new executive VP and chief marketing officer (CMO) on Monday (Jan. 14), according to a release by the company. Johnson will lead strategic marketing for PayPal...
Gig economy companies such as Lyft, DoorDash and Postmates are looking to hire federal workers during the government shutdown. This past Friday (Jan. 11), workers impacted by the shutdown missed their first paycheck. Buzzfeed reported that some gig workers have started recruiting for their companies on social...
To head up Visa’s strategy for acceptance products and solutions, Mary Kay Bowman is coming to the firm as its new head of seller solutions. The executive is tasked with the development, design and delivery of “new services and solutions that will transform the payment...
Apple has reportedly hired Sandy Parakilas, an ex-Facebook employee who became a prominent critic of the company, as part of its privacy team. According to Financial Times, Parakilas monitored privacy and policy compliance of software developers for Facebook for 18 months before he left in October...
To help lead a team that bolsters its consumer payment experience delivery, Mastercard said Donald Chesnut will become its first chief experience officer as of Jan. 14. Chesnut will also give issuers, merchants and other partners “a more holistic way to work with Mastercard’s products...
Square, Jack Dorsey’s digital payments company, announced Thursday (January 3) that it named Blizzard Entertainment chief financial officer Amrita Ahuja as its new CFO. In a press release, Square said Ahuja will join the company in January, reporting to Dorsey. In her current role at...
