On September 23, 2024, Marqeta, a pioneer in integrated financial solutions and contemporary card issuance globally, announced the appointment of Fouzi Husaini as its Chief Artificial Intelligence Officer. Husaini formerly worked at Amazon, where he concentrated on AI-driven consumer experiences for Alexa, before joining Marqeta. He was previously Vice President of Machine Learning Engineering at Capital One. As he assumes his new position, Husaini will be in charge of scaling Marqeta's AI division with the goal of increasing buying power through better consumer and business rewards and encouraging platform-wide innovation.
Previous investments made by Marqeta, such as Marqeta Docs AI, an AI-powered tool created to simplify customer navigation of the Marqeta Docs site, demonstrate the company's dedication to incorporating AI into its operations. By 2023, the platform had handled over $200 billion in yearly payments volume, demonstrating its strong financial services management capabilities. Husaini emphasized the enormous potential of data-driven solutions in the payments industry and expressed excitement about utilizing AI and machine learning to handle difficult client concerns. Husaini's experience is anticipated to greatly improve Marqeta's technology roadmap as the firm continues to grow, with a presence in over 40 countries.
