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Latest Results from /people

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Klarna to use AI to halve workforce

Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.

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Adyen names Cash App's Tom Adams CTO

Payments processor Adyen has hired Cash App's head of engineering Tom Adams as chief technology officer.

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FCA chair accused of revealing identity of internal whistleblower - FT

Ashley Alder, FCA chair, has been accused of revealing the identity of an internal whistleblower despite the regulator's policy to protect their identity.

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Starling inches towards IPO with search for head of investor relations

Starling Bank has launched a recruitment search for a group head of investor relations who will be charged with steering the company towards a possible IPO.

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Communify acquires Fincentric from S&P Global

Wealthtech entrepreneur John Wise and PE firm Stellex Capital Management have acquired S&P Global’s Fincentric business with a view to providing digital experiences and financial data distribution to the wealth, broking and asset management industries.

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Monzo offers 'do's and don'ts' for using AI in job applications

With AI tools such as ChatGPT now firmly embedded in the mainstream, Monzo has put together a list of 'Do's and don'ts' for using the technology when applying for a job with the digital bank.

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NerdWallet cuts workforce by 15%

US personal finance outfit NerdWallet is reducing the size of its 730-strong full-time workforce by about 15% as part of a restructuring plan to slash operating expenses.

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CIBC to hire 200 data and AI specialists

Canadian bank CIBC is set to hire more than 200 data and artificial intelligence roles over the next 12 month

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Two more Wirecard executives implicated in widening financial scandal

German prosecutors have charged a further two Wirecard executives with wrong-doing in the lead up to the collapse of the once hyped fintech company.

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Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

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Tech leadership change at Wells Fargo sees Kerrins take up new Gen AI role

Wells Fargo has appointed a new head of technology and shunted current CIO Tracaey Kerrins to head up a newly-created Generative AI team.