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Latest Results from /retail

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Revolut secures Mexican banking license

British-based fintech Revolut has set its sights on Mexico after securing a banking license in the country.

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Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

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Santander brings Openbank digital brand to US

Santander is launching its Openbank digital offering across the United States and Mexico.

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JPMorgan's Dimon stresses 'critical' impact of AI

In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon has singled out the "critical impact" of AI and the "essential" importance of migration to the cloud.

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Credit fintech Petal agrees sale to Empower

Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.

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Google Cloud wins major FS deals

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

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EBA Clearing preps Verification of Payee

EBA Clearing will roll out a pan-European Verification of Payee feature by the end of the year.

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China central bank launches $70bn tech lending programme

The People's Bank of China (PBoC) has announced a re-lending scheme designed to boost the country's science and tech sector.

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Bank of Ireland blames latest glitch on "technical issue"

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

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Fintech funding slides to 7-year low

Global funding in the fintech sector has fallen to its lowest level since 2017, according to newly published research.

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David Birch confirmed as EBAday 2024 challenge speaker

Exploring digital money, digital assets, digital identity and the future of banking, David G. W. Birch has been confirmed as the keynote speaker for one of the most compelling sessions at EBAday every year.

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Russia targets Apple over banking apps

Russia's antitrust agency has set its sights on Apple, saying that the US firm has removed banking and payments apps from its App Store, according to Reuters.