Latest Results from /retail
/retail
Outward VC, a London-headquartered early-stage venture capital fund, has closed on a £51 million fund to back early stages founders operating on the intersection of fintech and connected sectors.
10 September 2024
The Financial Conduct Authority has filed its first criminal charges against an individual accused of unlawfully running multiple crypto ATMs without FCA registration.
Mortgage technology outfit Twenty7tec has bagged £16.5 million from the Business growth Fund (BGF) to drive growth and expansion within the UK.
B2B buy now, pay later platform PastPay has raised €12 million in a Series A funding round led by Platina Capital and supported by a number of financial institutions.
Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.
IN1, a financial management app for fiat and crypto currencies, has raised $6 million in seed funding.
The UK's Competition and Markets Authority (CMA) has officially confirmed the full completion of the final Roadmap for Open Banking, laying the foundations for the future development of open finance.
09 September 2024
Lloyds Bank has established an industry working group, working with Chargebacks911 and other payment platforms, to report known fake websites when they arise and block transactions.
Klarna Bank has been upbraided by the Swedish Financial Supervisory Authority for failing to adequately deal with money laundering risks.
Google, Visa and Nubank are among the big names selected to take part on the second round pilots for Brazil's Drex CBDC project.
Ignacio Juliá, formerly CEO of ING for Spain and Portugal, is to be appointed as CEO of Santander Spain.
06 September 2024
PayPal is rolling out a new rewards programme and more personalised ways for users to manage their spending in a major revamp designed to give consumers a smart choice for every purchase, every time.
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