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Latest Results from /retail

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Monzo beats all comers in CMA customer satisfaction survey

The Competition and Markets Authority has ranked Monzo as the UK's best bank for personal and business accounts.

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Marqeta brings generative AI to embedded finance

Card issuing platform Marqeta has tapped OpenAI's Language Learning Model to speed up the process of launching embedded finance applications.

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Fintech Fronted shuts up shop

Fronted, a UK home lending startup founded by former Apple, Monzo and Bud executives, is shutting down in the face of rising capital costs.

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Singapore rolls out new regulatory framework for stablecoins

The Monetary Authority of Singapore has introduced a new regulatory framework intended to boost the stability of the nation's certified stablecoins.

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PayPal names Intuit exec Alex Chriss CEO

PayPal has named senior Intuit executive Alex Chriss president and CEO, replacing Dan Schulman.

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RTGS and Chaps back online after six-hour outage

The Bank of England has resolved a "technical" glitch that shut down its real-time gross settlement system and Chaps high value payments network for six hours on Monday morning.

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Mastercard buys minority stake in MTN fintech business

Mastercard has purchased a minority stake in the fintech business unit of African mobile phone network MTN.

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TSB and FinTech Scotland open applications for annual Innovation Labs programme

TSB and FinTech Scotland have opened applications for startups to join their annual Innovation Labs programme, dangling the prospect of a full-scale commercial rollout across the UK bank's customer base.

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Monzo plots move into pensions market

UK digital bank Monzo is plotting a move into the pensions market, recruiting for a product manager to steer the bank's retirement proposition.

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Bank of Canada paper casts doubt on CBDC value

The usefulness of a central bank digital currency in addressing unmet payment needs in a cashless environment has been called into question by a Bank of Canada discussion paper.

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FTX founder sent to jail after bail revoked

Sam Bankman-Fried is heading to jail after a judge revoked the former FTX boss's $150 million bail package over alleged witness tampering.

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Starling in talks with Asian bank about BaaS platform deal - CNBC

UK challenger bank Starling is working with an Asian lender about taking its Engine banking-as-a-service platform outside of Europe for the first time.