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Latest Results from /retail

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Crooks use progressive web apps for new phishing scam

Security researchers have identified a new phishing technique using progressive web applications (PWAs) to target customers of banks in Eastern Europe.

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Skyfire raises $8.5m to bring autonomous payments to AI agents

Former Google and Ripple executives have raised $8.5 million for a startup, called Skyfire, building a payments network that enables AI agents to make autonomous transactions.

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Klarna acquires assets of bankrupt BNPL firm Laybuy

Klarna has acquired the assets of defunct buy now, pay later firm Laybuy in New Zealand.

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Starling inches towards IPO with search for head of investor relations

Starling Bank has launched a recruitment search for a group head of investor relations who will be charged with steering the company towards a possible IPO.

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Molten Ventures feels the upside of Revolut's $45 billion valuation

Fintech VC Molten Ventures has seen the value of its £7 million initial stake in Revolut boosted to £160 million following the recent share sale which valued the SuperApp at $45 billion.

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Transatlantic fintech alliance Fintilect goes live

Fintilect, a transatlantic alliance of three fintech firms owned by Parabellum Investments, has launched to provide banks with a full suite of AI-driven customer engagement tools.

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Swiss banks turn on instant payments system

Consumers in Switzerland can now send and receive payments in seconds following the market launch of instant payments across the banking industry.

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Brazil's Pix lands in Europe

Brazilian tourists in Spain and Portugal will soon be able to use the Pix instant payments system on their trips thanks to a partnership between PagBrasil and Wipay.

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Adyen taps rival PayPal to offer Fastlane in the US

Adyen has struck a deal to offer rival PayPal's Fastlane guest checkout product to its enterprise and marketplace customers in the US.

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Mobile wallet operators band together on cross-border payments

Money movement company TerraPay has formed a 'Wallet Interoperability Council' with five leading payment operators to facilitate interconnection in cross-border transactions.

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Bank of England to develop analytics data platform for ISO 20022

The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance

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Amazon in India considers splitting off payments app

Amazon is looking at splitting off Amazon Pay as a standalone app in an attempt to gain a bigger market share in India's competitive e-commerce market.