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JPMorgan hires new chief technology officer, memo says

JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the bank said in a memo on Monday, the latest senior hire tasked with deploying some of its $17 billion tech budget. Shivananda will start later this month and succeed A.J. Lang, who announced his plans to retire earlier this year, according to the memo seen by Reuters. The new executive has a track record of business growth and innovation that will help JPMorgan to "tackle complex technological challenges," Beer wrote.

What a quarter century of digital transformation at PayPal looks like

Currently processing a volume of payments worth over $1.3 trillion, PayPal has repeatedly staked its claim as a digital success story over the last 25 years. But insiders agree this growth needs to be constantly supported by reliable technological architecture in order to thrive.

Hype, Fright And Ethics In Implementing AI

Greater knowledge of what an AI is doing will help a lot in making sure that we understand what is possible with AI and that will help us use AI in ethical ways.

Bito launches ChatGPT-powered assistant for developers, personalized to their codebase

Blurring the lines to make future commerce payments 'invisible'