InsurTech firm Cover Genius has named Julio Castellón as its new senior vice president of Partnerships for Latin America, the platform announced in a press release emailed to PYMNTS. The appointment is a part of the firm’s push to expand its presence in Latin America,...
Nokia will be re-setting its cost base and investing in future capabilities like 5G, cloud and digital infrastructure, a company press release stated, although all of that will come as the company reduces its base of employees. The restructuring will result in layoffs, the release...
InsurTech platform Cover Genius has named two new executives to its team as it expands its U.S. presence, the company announced in a press release emailed to PYMNTS. Darcy Shapiro, a licensed attorney, has been named chief operating officer. Shapiro, who formerly led the company’s...
Tripadvisor executed significant cuts last year in the wake of the COVID-19 outbreak. With the pandemic severely curtailing travel, the Massachusetts company eliminated a quarter of its workforce, reducing expenses by 32 percent from 2019 to 2020. Although the business is now recovering, one of...
Modern payments platform Dwolla has tapped industry veteran Dave Glaser, most recently of Mastercard, to lead its team as president and chief operating officer, according to a company blog on Tuesday (March 9). Dwolla will be able to help the company boost its enterprise growth...
J.P. Morgan Chase has hired ex-HSBC executive Jeremy Balkin as the head of FinTech and Innovation for Wholesale Payments, Reuters reported. In addition to overseeing FinTech and innovation for wholesale payments, Balkin will be involved in the bank’s decisions to invest in or partner with companies...
New York-based FinTech Tassat Group LLC has appointed Ron Totaro to the position of chief executive officer, according to a Tuesday (March 9) announcement emailed to PYMNTS. “[Totaro’s] leadership will be instrumental as the company begins widening the reach of the TassatPay® digital payments platform across...
Antitrust scholar Lina Khan is tracking to be appointed to the Federal Trade Commission (FTC) following a nomination by President Joe Biden, Politico reported on Tuesday (March 9). Sources told Politico that as long as Khan is approved by the Senate, she will be confirmed as...
Video game provider GameStop Corp. said on Monday (March 8) in a press release that Chewy Founder Ryan Cohen leads a committee that aims to “accelerate the company’s transformation” and lead its eCommerce overhaul. Shares of GameStop jumped more than 35 percent after the announcement, CNBC...
