Latest news with #technologyplatform
Finextra
4 days ago
- Business
- Finextra
Nubank appoins Eric Young as CTO
Nubank, one of the largest digital financial services platforms in the world, announced that Eric Young has been appointed Chief Technology Officer (CTO). 0 He assumes this key position as Vitor Olivier, the outgoing CTO, departs after more than ten years of service to pursue a new entrepreneurial endeavor. Both executives are coordinating a robust transition plan to ensure continued acceleration of Nubank's technology platform and business goals. Eric Young brings more than two decades of leadership across some of the world's most innovative technology companies. Most recently, he served as Senior Vice President of Engineering at Snap Inc., where he led teams responsible for scaling infrastructure and delivering seamless, mobile-first experiences to hundreds of millions of users globally. Prior to that, he served as Vice President of Engineering at Google for seven years, overseeing foundational elements of their technical infrastructure, which ultimately powered their Search, Ads, YouTube and Google Cloud products. Young also spent 15 years at Amazon scaling enterprise systems and processes as part of senior roles he held across supply chain, fulfillment, personalization and pricing. Young will report directly to David Vélez, founder and CEO of Nubank, focusing on maintaining operational excellence, driving international expansion through platformization, and advancing critical AI technologies to accelerate growth. He will work closely with Olivier in the coming weeks to secure a seamless transition. 'We welcome Eric Young to my management team at a pivotal moment in the company, as we enter a new stage of maturity, renew our focus and ambitions, and look towards effectively harnessing new technologies into the core of our products and services. Eric brings experience in global technology platforms serving hundreds of millions of customers. We are incredibly grateful for Vitor's accomplishments and brilliant trajectory, and he will always be part of our history and culture,' said David Vélez. 'Nu is uniquely positioned to revolutionize financial services at a global level, and technology has been and will continue to be the key differentiator and engine in this business model, powering the best products and services, at the lowest cost in a fully digital model. I look forward to diving deeper into our teams and platforms to continue evolving the company's stack as Nu advances its goals in Brazil, Mexico, Colombia, and beyond,' said Eric Young. Vitor Olivier, Nubank's outgoing CTO and one of the company's earliest employees, will be stepping down in September after holding a number of executive positions. 'After over a decade of building Nubank, transitioning to a new career is both difficult and exciting. I'm certain that it is the right move for myself and the company. My bond and appreciation for Nu and my colleagues will endure, and I am grateful for David Vélez's mentorship and trust through all these years, and especially his support in the recent months as we planned my transition,' said Olivier.
Travel Weekly
12-07-2025
- Business
- Travel Weekly
Airline alliance Oneworld is playing catch-up in tech integration
The Oneworld alliance has set a goal of integrating each of its 15 member airlines into Oneworld's common technology platform by the end of the year. Initially, Oneworld expects the platform to facilitate cross-airline boarding passes on multi-airline itineraries so that flyers can board flights using whichever airline's app they prefer. Later, Oneworld expects the platform to facilitate cross-airline bag-tracking and lounge access, said Oneworld CEO Nat Pieper during a press briefing in late June. Oneworld has lagged behind competitors SkyTeam and Star Alliance on cross-airline integrations. SkyTeam, for example, was already facilitating multi-airline check-in last summer on 95% of the group's global volume, CEO Patrick Roux said at the time. Pieper said that progress has quickened over the past several months in the alliance, whose largest members are American Airlines, British Airways, Alaska Airlines, Qatar Airways and Japan Airlines. Oneworld's other members are Cathay Pacific, Fiji Airways, Finnair, Iberia, Malaysia Airlines, Oman Air, Qantas, Royal Air Maroc, Royal Jordanian and Sri Lankan Airlines. Malaysia and Sri Lankan became the first two airlines to integrate into the Oneworld common platform last November. Currently eight airlines have integrated. Oneworld hasn't made the entire list public, but the largest airline to have done so is Qatar, Pieper said. Crucially, he said, American and British Airways will be integrated by the end of the summer, boosting momentum and scale. American alone accounts for more than 43% of the seats on offer by Oneworld airlines this month, Cirium schedule data shows. Pieper says that there is peer pressure between Oneworld CEOs to integrate into the platform. "Once you build momentum, others are more willing to produce," he said.
