Latest Results from /retail
/retail
Buy now, pay later giant Klarna has killed off its open banking brand Klarna Kosma a little over a year after launch, although the business will continue to operate as before.
31 July 2023
Vanquis Banking Group has acquired Snoop, the money saving app founded by former Virgin Money boss Jayne-Anne Gadhia.
The European fintech industry bore the brunt of a global drop in fintech funding during the first half of 2023, declining by more than half over the peceding period.
Singapore will eliminate corporate cheques by the end of 2025 but let people use them for "a period" beyond this. To help ease the transition, an electronic system will be built to allow users to make a deferred payment or issue a cashiers’ order.
France's privacy watchdog says that the legality of Worldcoin's biometric data gathering "seems questionable," according to Reuters.
28 July 2023
Bloom Money, a UK startup offering financial services to immigrants has raised £1 million in pre-seen funding. Separately, another UK startup, SuperFi, has secured $1 million in pre-seed funding for its debt prevention platform.
As Goldman Sachs reportedly seeks to exit is credit card deal with Apple, it has emerged that the bank's underwriting system initially rejected Tim Cook's card application.
The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.
Western Pacific island state the Republic of Palau has teamed up with Ripple on a government-issued stablecoin pilot.
27 July 2023
EToro has constructed a passive investor portfolio composed solely of shares in 40 leading fintech companies.
Warwick Business School has opened a research centre for financial technology backed by a £3 million donation from Clive Gillmore, an alumnus of Warwick University and CEO and Group CIO of Mondrian Investment Partners
Mounting regulatory requirements and growing stakeholder pressure is driving a surge in demand for ESG reporting and data management software, creating a multi-billion dollar market that vendors need to keep up with, according to a report from research firm Verdantix.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.