TransferMate has appointed its chief product officer, Gary Conroy, to become its CEO, beginning this summer. Conroy will succeed Sinéad Fitzmaurice, who will step down from that role this summer but remain involved with the business, TransferMate, a provider of embedded B2B payments infrastructure as a service,...
Featurespace, a provider of global fraud and financial crime solutions, announced a leadership change following its acquisition by Visa. CEO Martina King will retire and be succeeded by Jason Blackhurst, who will take on the role of senior vice president, head of Featurespace and acceptance...
Digital investing platform InvestiFi appointed a new president and chief operating officer. Todd Clark, formerly the CEO of credit union network CO-OP Solutions, will oversee several aspects of InvestiFi’s operations, the company announced in a Monday (March 31) press release emailed to PYMNTS. “Todd is...
The Federal Trade Commission (FTC) has appointed deputies to its competition and consumer protection divisions. Taylor C. Hoogendoorn has been named deputy director of the commission’s Bureau of Competition, while Katherine White will serve as deputy director of the Bureau of Consumer Protection, the regulator...
The U.S. Treasury is preparing sweeping layoffs, the latest in a series of federal job cuts. That’s according to recent court documents flagged in media reports Wednesday (March 26), stemming from a complaint aiming to stop layoffs by the Elon Musk-led Department of Government Efficiency...
Financial services company Block has reportedly laid off 8% of its workforce. The job cuts impact 931 people, TechCrunch reported, citing a Tuesday (March 25) email from Block Co-founder and CEO Jack Dorsey. In his message, Dorsey says the cuts are for strategic reasons (391 people) or to...
About 10% of the Securities and Exchange Commission’s (SEC) employees — 500 out of about 5,000 — have reportedly accepted buyouts or deferred-resignation offers and will leave the agency. The number may climb higher as more people accept buyouts before a Friday (March 21) deadline, Bloomberg reported Friday, citing...
The Small Business Administration (SBA) said Friday (March 21) that it will reduce its workforce by 43% and refocus its resources on its “core missions.” The agency will eliminate about 2,700 of its current 6,500 positions, it said in a Friday press release. It will do so...
Digital bank and FinTech company Green Dot said Monday (March 10) that it made a leadership transition and engaged Citi to explore strategic alternatives. Effective Friday (March 7), the company appointed its chairperson of the board, William I Jacobs, to also serve as interim CEO...
