Payments News

On The Web

nbsp;

People

PayPal Brings Back CMO Role to Hire Former Apple Executive Allison Johnson

“PayPal Holdings Inc. has named Allison Johnson executive vice president and chief marketing officer, reviving a post that disappeared from the company in 2013. Ms. Johnson was vice president of world-wide marketing communications at Apple Inc. from 2005 through 2011 and was previously a senior marketing executive at HP Inc. She was most recently a founder and managing partner at […]
nbsp; nbsp; nbsp;

People

A Tech Firm Far From Silicon Valley Churns Out Billionaires

“Chief Executive Officer Pieter van der Does, Chief Technology Officer Arnout Schuijff and former innovation director John Caspers have all become billionaires since Adyen’s June initial public offering, according to the Bloomberg Billionaires Index. That kind of wealth creation, rare for a European company, puts Amsterdam-based Adyen in a similar league to U.S. tech titans Facebook […]
nbsp; nbsp;

People

PayPal COO Bill Ready to Depart, Stock Falls in Late Trading

PayPal Holdings Inc. shares fell 1.1% in after-hours trading Thursday after the company announced that Chief Operating Officer Bill Ready would be leaving the company at the end of the year “to pursue entrepreneurial interests outside the company.” Ready joined PayPal when the company made its 2013 acquisition of web-payment company Braintree, which owned popular peer-to-peer […]
nbsp;

People

As Estep Opts for Retirement, Larimer Will Take Over As NACHA CEO in July

“Long-time NACHA president and chief executive Jan Estep will cede that role July 1 to chief operating officer Jane Larimer, the organization announced Monday. Estep will formally retire at the end of the year, NACHA said, following a confidential process she set in motion late in 2018 with NACHA’s board of directors. Larimer, a 23-year […]
nbsp;

People

Mastercard’s New CFO to Juggle Growth Efforts Amid Industry Transformation

“Mr. Mehra’s appointment comes as technology companies such asApple Inc. and Amazon.com Inc. are venturing into the payments space and PayPal Holdings Inc., Ripple and Alibaba Group Holding Ltd.are influencing consumer behavior. So far, this hasn’t reduced the dominance of card companies, according to Brendan Browne, a credit analyst at S&P Global Ratings.”
nbsp;

People

Simple attracts Amazon exec as new CEO

“US neo bank Simple has named a former Amazon executive as its new CEO, in a rare example of talent returning from Big Tech to the banking industry. David Hijirida quit Seattle-based Washington Mutual in 2007 to help build Amazon’s online payments business, before moving on to act as a director of Amazon Web Services and […]

On The Wires

nbsp;

People

Mastercard Names Paul Stoddart President of New Payment Platforms

“In this role, Stoddart will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional card-based solutions. Among these solutions are our Vocalink account-based payments, the Homesend joint venture and Mastercard Send.”