Tag: job cuts
Canadian fintech start-up Hardbacon closes down
Company Overview: Hardbacon, a Canadian personal finance fintech based in Montreal, has shut down after seven years of operation. The company offered a...
US identity verification start-up IDPartner Systems to shut down
Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered in San Francisco. The company...
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
UK’s Co-operative Bank to cut 400 jobs as part of cost reduction programme
The Co-operative Bank in the UK is planning to cut around 400 jobs across its business.
This move is part of a cost-reduction...
Banking Technology Magazine March 2024 issue out now
The March edition of Banking Technology Magazine highlights various developments in the fintech industry:Avenue Bank's Unrestricted Banking License:Avenue Bank, a digital business...
Worldline to cut workforce by 8% with €200m cost-saving initiative Power24
Paris-listed payments firm Worldline plans to cut its global workforce by approximately 8%, resulting in the termination of around 1,400 positions.
The initiative,...