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Latest Results from /retail

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Goldman, Nomura tap Meta Llama AI models

Goldman Sachs and Nomura are among the companies using Meta's Llama open source artificial intelligence models.

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Stripe CTO Singleton steps down

Stripe chief technology officer David Singleton is stepping down, to be replaced by his deputy Rahul Patil.

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NCR Atleos enables bitcoin cashout at ATMs

NCR Atleos has launched a service that lets Americans sell bitcoin and pick up the cash at ATMs at thousands of merchant locations across the US.

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Mastercard debuts Payment Passkeys in India

Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.

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TSB boosts access to Emergency Flee Fund with video banking

TSB is making its Emergency Flee Fund available to victims of domestic abuse on its video banking platform.

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Stripe taps AI for cross-border commerce in Asia

US payments giant Stripe is bidding to build on its momentum in Asia with a host of new AI features to support cross-border commerce in the region.

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Comun raises $21.5m for immigrant-focused neobank

Comun, a Latino-founded neobank for immigrants in the US, has raised $21.5 million in a Series A funding round.

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Shift4 to acquire Givex for C$200 million

Shift4 Payments is to acquire Canadian gift card company Givex for C$200 million in an all-cash transaction.

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FCA rules and slow approval times dent the UK's aspirations to become a global crypto hub

British ambitions to become a global crypto hub are being hindered by a conservative regulatory approach that has seen applications for registration by crypto firms drop by 51% over the past three years.

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Amazon invests $20 million in Indian BNPL firm Axio

Indian buy now, pay later firm Axio has landed a $20 million equity investment from Amazon's Smbhav Venture Fund.

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UK climate fintech Zero secures partners ahead of launch

Zero, a UK finance app targeting climate-active young Brits has signed up a host of technology partners ahead of its launch later this year.

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Klarna to use AI to halve workforce

Klarna saw revenue rise 27% in the first half of 2024, buoyed by its aggressive use of AI, which CEO Sebastian Siemiatkowski says could help the BNPL giant halve its workforce.