Latest People News: Finextra Research

EML Payments CEO out as firm considers sale

Australia's EML Payments has parted ways with its CEO after less than a year and initiated a strategic review that could lead to a sell off, as it struggles to placate the Central Bank of Ireland over anti-money laundering deficiencies at its Irish subsidiary.

18 April 2023

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Ryan Reynolds invests in Canadian fintech Nuvei

Hollywood star Ryan Reynolds has acquired a stake in Canadian payments firm Nuvei. The size of the investment was not disclosed.

18 April 2023

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IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

17 April 2023

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Police arrest tech entrepreneur over Bob Lee death

San Francisco police have arrested a tech entrepreneur over the fatal stabbing of CashApp founder Bob Lee.

17 April 2023

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PayPal cuts CEO Schulman's pay to $22m

PayPal's outgoing CEO Dan Schulman saw his pay fall by 32% to $22 million last year after the company failed to meet financial targets.

17 April 2023

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Bank fraudster jailed

An online fraudster who conned hundreds of thousands of pounds out of UK banking customers has been jailed for more than three years.

14 April 2023

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Ex-TSB CIO fined £80k over bungled IT migration

The former chief information officer of TSB Bank has been fined over £80,000 for his part in a bungled IT migration programme in 2018 that locked customers out of their accounts for weeks and led to months of ongoing technical problems.

13 April 2023

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Deutsche Bank to shut down IT operations in Russia

Deutsche Bank is reportedly preparing to wind down its software operations in Russia, offering severance packages to the 500 IT staff on its pay roll in Moscow and St Petersburg.

12 April 2023

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JPMorgan Chase boss Dimon hails 'groundbreaking' AI

JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".

12 April 2023

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Bank of England begins building Britcoin team

The Bank of England has opened recruitment for staff to oversee the development of its proposed central bank digital currency.

11 April 2023

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Love Island star joins campaign to educate influencers about financial promotions

British regulators have enlisted former Love Island contestant Sharon Gaffka for a campaign to educate social media "fin-fluencers" about the risks of promoting illegal get-rich-quick schemes.

11 April 2023

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NatWest bids to help Ukrainian women start tech careers

UK bank NatWest has launched a programme to help displaced Ukrainian women start new careers in technology.

11 April 2023

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