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PayPal Appoints Enrique Lores as Chief Executive Officer and David W. Dorman as Independent Board Chair

PayPal Holdings Inc. today announced that its Board of Directors has appointed Enrique Lores as President and CEO, effective March 1, 2026. Lores, who has served on the PayPal Board for nearly five years and as Board Chair since July 2024, succeeds Alex Chriss. To ensure a seamless transition, Jamie Miller, Chief Financial and Operating Officer, will serve as Interim CEO until Lores assumes the role. David W. Dorman has been appointed as Independent Board Chair, effective immediately.

Wednesday, February 4, 2026 - 10:16
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/news/people-moves/paypal-appoints-enrique-lores-chief-executive-officer-and-david-w-dorman
Financial IT
Capco and Taurus Partner to Accelerate Institutional Adoption of Digital Assets across Continental Europe

Global management and technology consultancy Capco, a Wipro company, today announced a strategic partnership with Taurus SA, a leader in enterprise-grade digital asset infrastructure. The new partnership will see Capco acting as Taurus’ implementation and integration partner in Continental Europe, supporting financial institutions as they deploy and integrate Taurus’ digital asset infrastructure within existing banking and capital markets environments.

Wednesday, February 4, 2026 - 10:02
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/news/asset-management/capco-and-taurus-partner-accelerate-institutional-adoption-digital-assets
Financial IT
myTU and Intrepid Fox Partner to Bring AI Agents to Business Banking Onboarding

myTU, an AI-native, cloud-first digital bank headquartered in Lithuania, has partnered with Intrepid Fox, a London-based AI-powered Know Your Business platform, to accelerate and simplify business onboarding for companies operating across the European Economic Area.

Wednesday, February 4, 2026 - 09:54
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/news/banking/mytu-and-intrepid-fox-partner-bring-ai-agents-business-banking-onboarding
Financial IT
BBVA Joins Qivalis Banking Consortium to Advance Launch of Regulated Euro Stablecoin

BBVA (Banco Bilbao Vizcaya Argentaria) has officially joined Qivalis, a consortium of leading European banks working to establish a MiCAR-compliant euro-stablecoin issuer, currently progressing towards authorisation by the Dutch Central Bank (DNB). The consortium now comprises twelve European banks: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.

Wednesday, February 4, 2026 - 09:05
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/news/cryptocurrencies/bbva-joins-qivalis-banking-consortium-advance-launch-regulated-euro-stablecoin
Financial IT
Bolt Expands Its SuperApp With Embedded Investing Through Atomic

Bolt, the checkout, identity and payments leader powering faster, smarter commerce, today announced a multi-year partnership with Atomic to bring embedded investing capabilities to the Bolt SuperApp. Through the partnership, Bolt will offer consumers the ability to open brokerage accounts, trade stocks and ETFs and invest through automated managed portfolios directly within the Bolt experience.

Wednesday, February 4, 2026 - 08:59
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/news/investment/bolt-expands-its-superapp-embedded-investing-through-atomic
Financial IT
Supermicro Announces Second Quarter Fiscal Year 2026 Financial Results

Super Micro Computer, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, today announced unaudited financial results for its second quarter of fiscal year 2026 ended December 31, 2025.

Second Quarter Fiscal Year 2026 Highlights

Wednesday, February 4, 2026 - 08:52
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/news/infrastructure/supermicro-announces-second-quarter-fiscal-year-2026-financial-results
Financial IT
Cytora and Altitude Intelligence Partner to Embed Advanced Geospatial and Climate Risk Intelligence into Insurance Workflows

Cytora, the digital risk processing platform, has announced a strategic partnership with Altitude Intelligence, a provider of specialized intelligence-as-a-service capabilities. This collaboration integrates Altitude Intelligence’s advanced geospatial (GEOINT) and multi-source fusion data directly into the Cytora platform, allowing commercial insurers to automatically enrich submissions with granular climate and location-based insights at the point of underwriting.

Wednesday, February 4, 2026 - 08:50
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/news/insurtech/cytora-and-altitude-intelligence-partner-embed-advanced-geospatial-and-climate-risk
Financial IT
Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants

Visa, a world leader in payments, has introduced a software development kit (SDK) that enables Visa Acceptance Platform clients to offer Tap to Pay on iPhone.

Wednesday, February 4, 2026 - 08:44
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/news/payments/visa-acceptance-platform-now-supports-tap-pay-iphone-boosting-contactless-acceptance
Financial IT
8 in 10 British Muslims Suffer “Financial Faith Penalty”: Offa National Survey Report

 A new report by Islamic home finance fintech firm Offa, based on a national survey of 3,000 people, reveals that British Muslims are suffering a “financial faith penalty”, with 8 in 10 saying their home finance choices are restricted due to their faith.

Wednesday, February 4, 2026 - 08:40
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/news/personal-finance/8-10-british-muslims-suffer-financial-faith-penalty-offa-national-survey
Financial IT
Backbase Appoints Jodi Slomp as Chief People Officer as it Transitions to AI-native Operations

Backbase, the global leader in AI-powered banking technology, announces the appointment of Jodi Slomp as Chief People Officer (CPO). Slomp brings deep people and culture leadership experience from high-growth technology companies. She joins Backbase at a pivotal moment as the company accelerates its mission to put bankers in the driver's seat of the AI revolution.

Wednesday, February 4, 2026 - 08:38
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/news/people-moves/backbase-appoints-jodi-slomp-chief-people-officer-it-transitions-ai-native
Financial IT

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