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Latest Results from /people

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UK fintech W1tty winds down amid claims of unpaid staffers

UK-based smart finance app W1tty has shut down, with several former employees left claiming that they have not been paid owed wages.

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TrueLayer lays off 25% of staff in a single day

Open banking vendor TrueLayer reportedly laid of a quarter of staff in September in an attempt to push the loss-making firm to profitability.

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Bitfinex hacker who stole 120,000 bitcoins gets five years in prison

The man behind a hack on Bitfinex that saw nearly 120,000 stolen from the cryptocurrency exchange has been sentenced to five years in prison.

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UK Chancellor proposes pension and sustainable finance reforms

UK Chancellor Rachel Reeves detailed the financial services strategy launching in March 2025, which will focus on bolstering growth, developing fintech and sustainable finance sectors.

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Sunshine+Kittens is set on revolutionising financial education for kids

Finextra spoke to co-founder Charles O’Neil and CMO Dan Walsh, of new financial literacy app, Sunshine+Kittens, which is set to launch early next year.

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Crypto CEO kidnapped, released after paying C$1m ransom

The CEO of a cryptocurrency firm was kidnaped and held for a C$1 million ransom in Toronto, according to local press reports.

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Federal Reserve head will not step down under Trump

Chairman of the Federal Reserve, Jerome Powell, has stated he will not be stepping down from the position if asked when Donald Trump returns to office.

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Alison Potter appointed as chair of FCA and PSR decision making committees

The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA’s Regulatory Decisions Committee (RDC) and the PSR’s Enforcement Decisions Committee (EDC).

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Following data breach, MoneyGram replaces CEO

Weeks after it suffered a major cyberattack, MoneyGram has replaced CEO Alex Holmes with Walmart executive Anthony Soohoo.

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CEO of ethical bank Triodos UK to step down

Bevis Watts, the CEO of Triodos Bank UK, is to step down after a ten-year stint at the helm of the ethical bank.

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FCA finds not enough firms have disciplinary policies in place

The Financial Conduct Authority (FCA) found that the amount of workplace complaints have increased between 2021 and 2023, in its non-financial misconduct survey.

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Temenos hires Barb Morgan from LSEG as chief product and technology officer

Temenos has hired Barb Morgan, formerly of LSEG and FIS, as chief product and technology officer.