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Latest Results from /people

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Mastercard to pay $26 million to settle gender and race bias class action suit

Mastercard is to pay $26 million to settle accusations that for years it underpaid famale, black and hispanic employees.

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Revolut's Storonsky banks £350 million windfall from share sales

Revolut founder Nik Storonsky has reaped a £350 million personal windfall from sucessive share sales at the fast-growing fintech.

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Unicredit internalises outsourced back office operations, creating 200 new jobs

Italy's UniCredit is to return previously outsourced back-office activities for securities services inhouse, creating more than 140 new jobs in Germany

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Former Finastra CEO Simon Paris tips up at Unit4

Days after departing from Finastra, former CEO Simon Paris has resurfaced as chief executive officer of enterprise resource planning oufit Unit4.

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AI threatens as many as 200,000 jobs in global banks - Bloomberg

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.

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US WealthTech Orion hires Arun Anur as COO

US WealthTech Orion has appointed fintech veteran Arun Anur as chief operating officer.

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Checkout.com cuts staff after sales losses

UK-based payments processor Checkout.com has cut almost a quarter of its work force following a drop in revenue.

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Finextra's year in review

With 2024 drawing to a close, we take a look back at our most popular news items and community engagement activities over the course of the past year.

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IT consultant found guilty of murder of Cash App founder Bob Lee

A tech enrepreneur has been found guilty of second-degree murder in the fatal stabbing of Cash App founder Bob Lee.

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Santander hires PayPal veteran to run its Digital Consumer Bank

Santander has hired PayPal exec Nitin Prabhu as global head of its Digital Consumer Bank.

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Trump taps ex-PayPal COO Sacks as crypto and AI czar

Donald Trump says he is appointing former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar".

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Trump picks Shift4 chief Isaacman as next head of Nasa; Fiserv head Bisignano to run social security

Donald Trump has appointed two prominent fintech CEOs from the payments industry to key roles in his administration.