Larry Summers has joined the board of Square. Summers served as Secretary of the Treasury of the United States from 1999 to 2001, and was most recently the Chief Economic Advisor to President Obama. He is currently a professor at Harvard University.
Headed up by Twitter co-founder Jack Dorsey, Square has developed a plastic device that turns iPads, iPhone and Android devices into credit card readers. “We are proud to have Larry join our board and we welcome his insight and decades of leadership to our growing company,” says Dorsey. “We are at a key point in our trajectory and we know Larry will contribute tremendous wisdom and expertise toward our continued success.”
Venture capitalist and Sun Microsystems co-founder Vinod Khosla also recently joined the board.
Latest News
Creating value together: Strategic partnerships in the age of GCCs
As Global Capability Centres reshape the financial services landscape, one question stands out: how do leading banks balance in-house innovation with strategic partnerships to drive real transformation?
Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.
Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.
Beyond compliance: Building unshakeable operational resilience in financial services
In today's rapidly evolving financial landscape, operational resilience has become a critical focus for institutions worldwide. As regulatory requirements grow more complex and cyber threats, particularly ransomware, become increasingly sophisticated, financial services providers must adapt and strengthen their defences. The intersection of compliance, technology, and security presents both challenges and opportunities.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories