French artificial intelligence firm Mistral AI has named a new general manager for the U.S. Appointed last month, Marjorie Janiewicz will be responsible for bolstering the company’s go-to-market presence in the U.S. and leading its American operations, Mistral said in a news release provided to PYMNTS Tuesday (May 14)....
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...
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...
Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May 6, Scotiabank announced in a Monday (April 29) news release. “In this role, Mr. Machen will...
Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided to PYMNTS, “brings a global view of payments, having worked across four continents for companies such as PayPal, Mastercard and...
Shopify reportedly plans to base raises on numerical scores assigned to employees based on their skill level. Employees will be eligible for a raise only when their score increases within a certain amount of time, Seeking Alpha reported Tuesday (April 23), citing a paywalled article by The Information. Reached...
