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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 […]
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Square CFO Sarah Friar to step down, stock falls at least 8%

“Payment company Square‘s chief financial officer Sarah Friar will step down and take a job as CEO of Nextdoor, the company announced Wednesday. Shares of the fintech company, run by Twitter CEO Jack Dorsey, dropped as much as 8 percent in after-hour trading.”
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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 […]
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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.”
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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 […]

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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.”
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Deluxe Corporation Appoints Barry McCarthy President, Chief Executive Officer and Member of the Board of Directors

“Deluxe Corporation (NYSE: DLX) today announced that Barry C. McCarthy, an accomplished executive with an extensive track record of developing and building technology-driven solutions for financial institutions and small businesses, has been named Deluxe’s President, Chief Executive Officer and a member of the Company’s Board of Directors, effective November 26, 2018. He joins Deluxe after […]