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Latest Results from /retail

/retail

MoneyGram knocked out by cybersecurity issue

MoneyGram has blamed a "cybersecurity issue" for an outage that has left users unable to send money for several days.

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NextGen: AI – A sneak peek of speakers and attendees

Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.

/retail

Hong Kong regulator launches tokenisation pilot

The Hong Kong Monetary Authority (HKMA) has started the second phase of its digital Hong Kong dollar pilot study.

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Canada shelves retail CBDC work

After years of research, the Bank of Canada says it is "scaling down" its work on a retail central bank digital currency.

/retail

Fidelity and Abrdn join new investment platform trade body

Facing increasing regulatory scrutiny, Abrdn, Fidelity and SS&C have joined a new UK trade association for investment platforms.

/retail

Bank of America to open 165 new branches

Bank of America is the latest US lender to double down on its branch network, pledging to open more than 165 "financial centres" by the end of 2026.

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Chase UK trials credit cards

JPMorgan Chase is testing a credit card product for customers of its UK digital challenger bank, according to Bloomberg.

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Santander mobile app suffers three-hour outage

Santander UK's mobile app was hit by a three-hour outage on Monday morning, leaving thousands of customers unable to access their accounts.

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Lithuanian fintech kevin declared insolvent

Payments startup kevin has been declared insolvent by a Lithuanian court

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Wise launches invoicing tool for SMEs

Money transfer fintech Wise has debuted an online invoicing tool targetting small businesses (SMEs).

/retail

UK consumers turn away from branch banking

British consumers are less bothered about bank branch closures than those in the US and Europe, according to recently published research.

/retail

Nasdaq expands digital bank presence in Latin America

Digital bank Nubank has selected Nasdaq's regulatory reporting system, AxiomSL, for its Latin American offering.