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Michael Wilbert has been named Chief Revenue Officer at Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchasing program through the convenience of payroll deductions. In this role, Wilbert will be responsible for leading sales and account management for the...

The winds of change are blowing in the world of credit scores, and there are roughly 40 million consumers who may be seeing their score drop in the coming months. As announced in January, Fair Isaac Corp. (FICO) – the creator of credit scores – is going to start scoring consumers with rising...

The voluntary benefit industry is poised for accelerated expansion and increased adoption over the next decade as talent attraction and retention continue to be top priorities for employers, according to Trey Loughran, chief executive officer of Purchasing Power®, a voluntary benefit company...

Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchasing program through the convenience of payroll deductions, today announced that Robin Holland has been appointed as the company’s Chief Operating Officer. In her new role, Holland will be responsible for...

Purchasing Power®, a voluntary benefit company that offers the leading employee purchase program through the convenience of payroll deduction, is introducing new features of its vacation planning tool to better help employees use their vacation days without adding financial stress to their...

Timothy Kastrinelis has been appointed National Director, Partnership Development at Purchasing Power, LLC, one of the fastest-growing voluntary benefit companies offering a leading employee purchase program through the convenience of payroll deductions. This newly-created national role will...

Purchasing Power’s Customer Experience Group was a big winner at the 15th Annual Frost and Sullivan Customer Contact Awards held Monday night, Oct. 28, at the Hyatt Regency Huntington Beach Resort and Spa. Recognizing excellence and outstanding achievement among practitioners and service...

Greyhound Lines, Inc., the largest provider of intercity bus transportation in North America, announced today it has added Purchasing Power® as a new voluntary benefit program to its employee benefits. Through Purchasing Power’s employee purchase and financial wellness program, participating...

Purchasing Power, today announced that Joseph (“Trey”) Loughran has been appointed as the company’s Chief Executive Officer. Loughran succeeds Richard (“Ritt”) Carrano, who has served as a senior executive of the company for 18 years and CEO since 2011. Mr. Carrano will continue to serve as a...

We might be living in a strong economy right now, but employees are financially stressed because 78% are living paycheck-to-paycheck. And, they don’t have a lot of viable credit options when they need “extra” money for a household emergency, an unexpected healthcare bill or other expenses that...