Everi Holdings has announced the appointment of Michael Rumbolz as its new president and chief executive, while also revealing a year-on-year decline in revenue and income during the three months to March 31.
Online and mobile credentials authentication business Jumio has announced that its US operation has commenced voluntary Chapter 11 proceedings in the US Bankruptcy Court in a move that will enable the company to sell its assets.
Everi has reported that despite a significant year-on-year increase in revenue during the 12 months through to December 31, 2015, the firm suffered losses across other key financials.
David Avgi, chief executive of SafeCharge, has said that the company has set its sight on further success in the current year after achieving widespread financial growth during the 12 months through to December 31, 2015.