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Latest Results from /people

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AI to impact more than half of banking jobs - Citi

AI is set to upend the finance industry, adding tens of billions of dollars in profit while leading to the automation of as many as half of jobs in the sector, according to research from Citi.

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Embedded finance platform Unit makes job cuts

Embedded finance platform Unit has laid off 15% of its workforce, citing "slower than expected" revenue growth.

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EBAday 2024: Success stories in collaboration

At EBAday 2024 in Lisbon, Finextra’s own Niamh Curran moderated a lunchtime session titled ‘Rising Stars’, with Luca Kotton, platform owner at Investec Bank; John Salter, chief customer officer at ClearBank; Jenny Winther, head of payment schemes at Handelsbanken; and Phoebe Zhou, head of emerging payments, GPS Europe at HSBC, discussing success and industry newcomers.

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Boerse Stuttgart Digital hires Solaris tech lead as CTO

The digital assets arm of Boerse Stuttgart has hired Solaris tech chief Dennis Winter as CTO.

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CAB Payments confirms Neeraj Kapur as CEO

Neeraj Kapur has over 20 years of experience in senior leadership roles across retail, corporate and SME banking.

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Paxos lays off 20% of staff

Digital assets outfit Paxos has laid off 20% of its staff, according to a Bloomberg report.

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JPMorgan hires ex-PayPal exec as CTO - Reuters

JPMorgan Chase has appointed former PayPal executive Sri Shivananda as chief technology officer, according to Reuters.

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François Hollande: Fintech investment is key

The former French President, François Hollande, gave a keynote session at Money 20/20 speaking on the current state of French technology investments and about how he turned France into a Fintech hub.

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Funding Circle to cut 120 jobs

Small business lender Funding Circle is cutting around 120 jobs as it looks to slash costs in search of profitability.

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JPMorgan payments boss Georgakopoulos quits

JPMorgan Chase global head of payments, Takis Georgakopoulos, is leaving the bank, according to Reuters.

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PayPal builds advertising platform

PayPal is building an advertising platform, tapping into its trove of customer data to help merchants better target their ads.

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Former FTX exec gets 7.5 years in prison

Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.