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The fintech is managing the loans on behalf of financial institutions looking to offer installment payment plans to qualified borrowers
PayPal CEO Dan Schulman said he doesn't expect the global economy or retail activity to improve in 2023, especially with the war in Ukraine dogging Europe
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The fintech's 20% downsizing follows moves by neobank Chime to slash 12% of its workforce and Morgan Stanley's plan to cut its headcount by 1,600
Payments technology company FIS aims to cut at least $500 million in costs as its beats back rising employee expense and a difficult economic environment
The value of Al Kelly's compensation package slipped in his swan song year, ahead of handing off the CEO post next year to Ryan McInerney
