Netanel Kabala , Chief Data and Analytics Officer at Nuvei , discusses the value that artificial intelligence ( AI ) will bring to the payments industry
NUVEI
Netanel Kabala , Chief Data and Analytics Officer at Nuvei , discusses the value that artificial intelligence ( AI ) will bring to the payments industry
There comes a point during my discussion with Netanel Kabala , Chief Data and Analytics Officer at Nuvei , when he neatly summarises the importance of the payments industry in people ’ s everyday lives .
“ What inspires me the most is the fact that payment companies are not usually very well-known , yet they touch the lives of so many people ,” he tells us . “ We actually affect their lives more than they could possibly understand .”
Kabala himself is well-versed in the richness that the payments sector brings to customers ’ lives , having taken the lessertrodden path to senior management . Indeed , he joined Nuvei not through recruitment – but by acquisition . A graduate from the MBA programme at Tel Aviv University , Kabala spent almost five years at PayPal before co-founding Simplex , which designed a fiat payments infrastructure for the cryptocurrency industry , in 2014 .
Simplex was duly bought out by Nuvei in May 2021 , with Kabala becoming Chief Data and Analytics Officer – a post he was able to take up when Nuvei ’ s acquisition completed a few months later . In his new role , he finds himself at the crossroads of many fascinating technologies which are helping to define not just the payments industry , but Nuvei as a company . Not least among these is artificial intelligence , both traditional and generative , which dominates our discussion on this particular occasion .
82 November 2023