Xplor Appoints Chief AI Officer and Establishes Global Payments & Infrastructure Organization
Xplor Technologies announced two key leadership appointments aimed at advancing its artificial intelligence (AI) strategy and payments infrastructure. Shivani Stumpf has joined as the company's first Chief AI Officer, tasked with integrating AI-native capabilities into Xplor’s vertical software products to help businesses automate administrative tasks and improve decision-making. Meanwhile, James Black transitions from CTO to President of a newly formed Global Payments & Infrastructure division, consolidating technology infrastructure, security, platform operations, and embedded payments under one organization. These moves are part of Xplor's broader strategy to transform its systems of record into mission-critical 'systems of action' that deliver better business outcomes for customers. The company has already made a significant eight-figure investment in AI development. Both Stumpf and Black bring extensive experience from previous roles at major tech, fintech, and enterprise software firms. Xplor serves over 130,000 businesses across multiple industries globally, processing more than $47 billion annually through its embedded payments platform.
Topics: AI corporate leadership payments