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Latest Results from /retail

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Australia tells BNPL providers to apply for credit licences

Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.

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South Africa's Stitch expands into in-person payments with ExiPay acquisition

South African embedded payments platform Stitch is moving into in-person payments through the acquisition of Dutch outfit ExiPay. Financial terms were not disclosed.

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Tink, Adyen and Recharge bring Pay by Bank to Germany

Prepaid payments platform Recharge is to provide customers in Germany with Pay by Bank options in a partnership with Tinka and Adyen.

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Visa and Mastercard face multi-billion pound lawsuit over interchange fees

Commercial litigation firm Harcus Parker is reaching the final stages of preparation for commencement of a multi-billion pound class action lawsuit over interchange fees charged by Mastercard and Visa.

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Visa and DealMe team on cross-border instalment payments

Visa has joined forces with fintech DealMe to let Vietnamese shoppers visiting South Korean pay for purchases using card instalment payments.

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Trump orders evaluation of national crypto stockpile; prohibits CBDC work

President Donald Trump has established a working group on digital assets that will investigate the development of a federal regulatory framework for crypto and evaluate the creation of a national digital asset stockpile.

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Are passkeys the future of payment authentication?

As the internet has developed, many of us have become reliant on a varying amount of passwords but our dependence on passwords has given way to just as many security risks. As such, the industry is beginning to turn to passkeys as a new promise of security and ease.

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Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

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Method raises $41.5m to expand financial account connectivity

Method Financial has raised $41.5 million in Series B funding for its consumer-permissioned financial connectivity technology for fintech lenders.

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DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

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Visa invests in Nigeria's Moniepoint

Visa has made a strategic investment in Nigerian fintech behemoth Moniepoint. Terms were not disclosed.

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Fiserv picks Michael Lyons to replace CEO Bisignano

Fiserv has appointed former PNC Financial Services Group president Michael Lyons as president and CEO-elect, replacing Frank Bisignano, who is joining the Trump administration.