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Latest Results from /retail

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LatAm payments startup Liquido secures $27 million funding for live launch

Liquido, a next generation payments company for Latin America has emerged from stealth and launched publicly with $26M from Index Ventures.

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B2B payment platform Paytently moves out of stealth

Paytently, a B2B payment orchestration platform founded by industry pros from Merill Lynch, Checkout.com, Trustly, and TrueLayer, has moved out of stealth.

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Swedish open banking startup Kreditz raises €10 million

Swedish open banking startup Kreditz has raised €10 million from investment company Creades and the venture arm of retail furniture giant Ikea.

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Greenwood acquires fellow neobank Kinly

Greenwood, the digital banking startup for Black and Latino people and business owners, has acquired fellow neobank Kinly, bringing the two largest fintechs focused on the Black community together as one company.

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Payments Canada Summit: cross-border and ISO 20022 are hard!

Cross-border payments and the migration to ISO 20022 were hot topics at the Summit on Wednesday, with key players beaming in from around the world for a pair of virtual panels.

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Payments Canada Summit: navigating the crypto headwinds

A panel of industry players and regulators took on the tricky task of unpacking the frantic last year of crypto developments, taking three cataclysmic events – the TerraUSD ad Luna implosion, the collapse of the Celsius network, and the FTX debacle - as jumping off points to explore where the industry is headed.

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Payments Canada Summit: open access and open banking

Payments Canada is pushing hard for the government to open up access to the country's payment systems to local credit unions and payment service providers this year, CEO Tracey Black told the organisation’s summit in Toronto on Wednesday.

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Monzo hits 250K business customer milestone

UK digital bank Monzo has reached a milestone of a quarter of a million business customers, with one in 23 businesses in the UK now onboard.

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UK government pledges crackdown on text-scammers

The UK government has promised a crackdown on "text-scam misery", rolling out a raft of new measures to fight back against fraud.

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Tarabut Gateway raises $32 million for Saudi push

Tarabut Gateway, a Bahrain-based open banking platform, has completed a $32 milion Series A fundraise, which includes a first invesment in the nascent Middle East open finance scene by Visa.

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Weaknesses in bank mobile app security are exposing customers to fraud - Which?

Weak banking security measures are leaving customers dangerously vulnerable to fraud on stolen phones, Which? warns.

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Apple nets $1 billion in deposits within a week of savings account launch

The risk to bank deposit bases from the arrival of Big Tech players is being brought into stark relief by reports that Apple's new savings account scopped up $1 billion in consumer cash within four days of launch.