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Latest Results from /retail

/retail

Microsoft banking lead Christofi joins PwC as partner

Lilia Christofi, formerly Microsoft’s head of banking in Emea, has joined PwC to lead the consulting firm's financial services data and AI team.

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Ripple readies for stablecoin launch

Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.

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Solaris to lay off a third of workforce

German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.

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Barclays takes over GM card business from Goldman Sachs

Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.

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Revolut tops fraud leaderboard by a country mile

The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.

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New Zealand banks apply UK tech and experience for roll out of Confirmation of Payee

Banks in New Zealand have begun the phased roll out of Confirmation of Payee, using technology supplied by UK fintech obconnect.

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Fintech angel fund Rerail hits $20 million funding target

Rerail, an angel fund for fintech startups, has closed on a $20 million warchest.

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Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

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Revolut doubles down on B2B with launch of POS Terminal for larger businesses

Revolut is rolling out a POS terminal device for larger businesses in the UK and Ireland in advance of Black Friday and the busy festive shopping season.

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AperiData rolls out open banking credit score

Credit Referencing Agency AperiData has released a real-time open banking credit score to help lenders more accurately guage the ability of applicants with limited credit history to repay their debt.

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Ex-UBS boss Hamers joins AI wealth management startup Arta Finance

Former UBS chief executive Ralph Hamers has become an external senior advisor for Arta Finance, an AI-based digital wealth management startup founded by former Google executives.

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Banked buys Australian A2A payments outfit Waave

London-based account-to-account payments provider Banked has gained a foothold in the Australian market through the acquisition of local player Waave. Financial terms were not disclosed.