Customer engagement platform Paytronix has named Amy Porter, founder and chairman of AffiniPay, to its board. Founded in 2005, the FinTech AffiniPay now processes over $6 billion annually on behalf of 150,000 professionals, according to a news release announcing the appointment. For its part, Newton, Mass.-based...
Starbucks is offering its baristas a voluntary leave of absence program for employees impacted by trimmed work schedules amid the COVID-19 pandemic, the company told workers. In a letter to its workforce posted on the company’s website on May 26, Rossann Williams, the Seattle-based company’s...
Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. “I am extremely proud of what the women and men of the agency have accomplished to promote economic opportunity, eliminate unnecessary regulatory burden, and operate...
Oak HT/FC Executive in Residence Michael Vaughan will now serve as an advisor for accounts payable and automation and business intelligence firm xtraCHEF, where he’ll help the company expand software offerings. At Oak HT/FC, Vaughan develops, advises and invests in new FinTech businesses, according to...
A former clerk for U.S. Supreme Court Justice Anthony M. Kennedy and late Supreme Court Justice Lewis F. Powell Jr. has been named general counsel to the Libra Association, a Geneva-based group founded by Facebook to launch the social media company’s digital currency, the organization...
Zomato, one of India’s most popular food apps, is downsizing its workforce by 13 percent and cutting pay for its remaining employees due to the ripple effect of COVID-19. Zomato did not disclose how many workers are being laid off, but the company reportedly has...
An internal investigation into alleged fraud at Luckin Coffee Inc. has led to the firing of several top executives at the Beijing, China-based java giant, the company announced on Tuesday (May 12). The probe was launched last month after Luckin’s board of directors was notified...
Daniel Eckert has been tapped as the new Green Dot executive vice president and chief product, strategy and development officer, making him responsible for all product vision, strategy and development for Green Dot’s product and Banking-as-a-Service needs, according to a press release. Eckert is coming...
Global payments provider Fiserv has promoted Frank Bisignano to CEO, the company announced in a press release Thursday (May 7). Its Board of Directors unanimously elected Bisignano to succeed Jeffery Yabuki effective July 1. “With the successful integration of First Data well underway, this is...
