Nike is laying off thousands of employees, as consumers’ ongoing financial pressures make it harder for them to justify nonessential purchases, such as adding more sneakers to their collections. The footwear company announced its decision to reduce its workforce by approximately 2%, equating to over...
Hawk AI, a provider of artificial intelligence (AI)-powered technology for fraud and anti-money laundering (AML) surveillance, has appointed Robin Lee as general manager for the Asia-Pacific (APAC) region. This appointment highlights Hawk AI’s commitment to expanding its operations in the APAC market, the company said in a...
Digital commerce platform Lightspeed has a new CEO: its old CEO. Dax Dasilva, who founded the company in 2005 and served as its chief executive until February 2022, will return to serve as interim CEO, Lightspeed announced Thursday (Feb. 15). The appointment is an immediate one, the company...
Airbase has appointed Mathew Schulz from Forrester as its new vice president of procurement strategy. When announcing the appointment, the provider of procure-to-pay solutions highlighted Schulz’s experience and track record in procurement and technology. “His technological and domain expertise are exactly what we need to continue to build groundbreaking solutions,” Thejo...
B2B eCommerce and FinTech platform Tradeshift has appointed Iain Balchin as its newest chief financial officer (CFO). Balchin has experience in helping to elevate FinTech firms, Tradeshift said in a Tuesday (Feb 13) press release. During his tenure as the interim CFO at crypto payment...
PayPal Executive Vice President and Chief Enterprise Services Officer Aaron Karczmer will leave the company on April 30. The company and Karczmer entered into a separation agreement on Wednesday (Feb. 7), PayPal said in a Monday (Feb. 12) filing with the Securities and Exchange Commission...
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo reportedly resigned from the Ripple-owned cryptocurrency custody firm. “We appreciate the strong and industry-leading custody business that Adrien and his team built, as well as his leadership in integrating the custody team and solution with...
Peer-to-peer carsharing marketplace Getaround is laying off about 30% of its North American staff as part of a restructuring plan. The company will restructure its workforce and operations to reduce costs, align with the globalization of its business, lengthen its cash runway and accelerate its path to...
Plaid has named its first president, the latest hire on the FinTech’s road to going public. Jen Taylor is joining the company after seven years as chief product officer at Cloudflare, Plaid CEO Zach Perret wrote in a blog entry Thursday (Feb. 8). “Jen’s experience scaling products to meet increasing customer demand...
