Latest Results from /retail
/retail
Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.
19 April 2024
HSBC Australia and Westpac have signed on as the first banks to offer a new Mastercard app that enables virtual commercial cards to be added to digital wallets.
With its valuation raised 45% by an investor, UK-based fintech Revolut is pumping $100 million into Mexico as it seeks to cash in on the lucrative Latin American remittance market.
18 April 2024
Police have arrested 37 members of a criminal gang that operated a phish-for-subcription Website that duped up to 70,000 UK victims into entering their bank details at fraudulent internet sites.
If it wins the upcoming UK general election, the Labour party must harness the fintech sector as an engine for economic growth, opportunity and inclusion across the country, says a report from the Tony Blair Institute for Global Change.
The Reserve Bank of New Zealand has opened a consultation on the potential launch of a central bank digital currency.
Cloud tokenisation provider TokenEx has agreed a merger with payments orchestration platform Ixopay. Financial terms were not disclosed.
The Canadian government has promised open banking legislation by the end of the year and confirmed that the Financial Consumer Agency of Canada (FCAC) will oversee the new system.
17 April 2024
Barclays Bank is calling for social media platforms to act fast to improve verification of financial adverts after reporting a large spike in investment scams.
Danish fintech POS startup Flatpay has moved into Unicorn territory with a €45 million investment led by Dawn Capital with participation from Copenhagen's Seed Capital.
The UK Centre for Finance, Innovation and Technology (CFIT) is to build two working prototypes of open finance applications for providing financial advice to vulnerable consumers and to speed up credit assessments for SME loan applications.
Core banking vendor 10x Banking has enlisted Deloite to target credit unions, building societies and mutual banks in the US and UK.
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