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Plaid taps Adyen executive to lead its European operations
  + stars: | 2023-11-21 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Plaid, which was last valued by investors at $13.4 billion in a funding round, offers technology that enables financial technology apps to retrieve data from people's bank accounts and initiate payments on their behalf. Dammeir told CNBC. Bandourian, a former Booking.com executive, was appointed the company's first head of Europe last year. Payments has been a big focus for Plaid beyond financial data, with payment volumes on the platform having climbed more than 90% in 2023.
Persons: Plaid, Brian Dammeir, Dammeir, Ripsy Bandourian, Keith Grose, Dammeir didn't Organizations: CNBC, San, Plaid Locations: Europe, San Francisco, fintech, Adyen, North America
By Brian Dammeir, global head of unified commerce at AdyenWhat do customers want? And more than 40% of retailers have seen a decrease in customer loyalty due to rising inflation. Below are three ways omnichannel businesses can leverage financial technology platforms embedded with smart data analytics to power their personalization strategy. To eliminate these complexities, retailers can consolidate customer payments and data insights under a single unified technology platform. Click here to access the full report and find out how Adyen's unified technology solutions can help your business achieve financial success.
Persons: Brian Dammeir, it's, that's Organizations: Global, Insider Studios Locations: Adyen
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