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Latest Results from /retail

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Splitit enables banks to offer in-checkout instalment payments

Card-linked instalment payments platform Splitit has launched FI-PayLater for banks and card issuers.

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Mastercard harnesses AI to take on scammers

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.

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RBI bars Kotak Mahindra from digitally onboarding new customers

The Reserve Bank of India has ordered Kotak Mahindra Bank to stop onboarding new customers via digital channels and to pause issuing new credit cards because of failures with the lender's IT systems.

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NextGen Nordics 2024: Where will AI lead us?

In the last panel of NextGen Nordics 2024 in Stockholm, ‘The future of AI - crystallising the potential of this technology’ speakers explored how AI and new trends in tech are impacting the payments industry.

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Klarna strikes global payment deal with Uber

Klarna has struck a global deal with Uber, giving users the option of immediate or deferred payments across the ride hailing company's taxi and food delivery services.

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NextGen Nordics 2024: BNPL just has a bad rep

At NextGen Nordics 2024 in Stockholm, experts engaged in a lively conversation on Buy Now Pay Later (BNPL) in a panel session.

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Revolut to grow headcount by 40%

Kicking against the trend for layoffs and hiring freezes, fintech super app Revolut says it will boost its global heacount by 40% in 2024.

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LHV Bank moves into profit

LHV Bank has reported a profit after tax of £6.4 million in its first year of operation as a licensed bank.

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ComplyAdvantage buys Golden to boost financial crime intelligence

AI-based financial crime detection startup ComplyAdvantage has acquired Golden Recursion in a deal that brings Andreessen Horowitz in as a shareholder.

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JPMorgan opens Glasgow tech centre

JPMorgan Chase has opened a newly-built, sustainably-designed, multi-million pound office in Glasgow to house thousands of technology workers.

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Temenos appoints CEO; says sales hit by Hindenburg report

Temenos says allegations of mismanagement made by short seller Hindenburg Research led to a temporary "lengthening of sales cycles" in the first quarter. Meanwhile, the core banking vendor has appointed former VMWare executive Jean-Pierre Brulard as CEO.

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Goldman Sachs offloads Marcus robo-advisor customers to Betterment

Goldman Sachs continues its retreat from consumer banking, striking a deal to sell its Marcus Invest digital investing accounts to Betterment.