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Latest Results from /retail

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Bilt rewards on a tear with $150 million fund raise

Neighborhood loyalty platform Bilt Rewards has lifted its valuation to $3.25 billion on the back of a $150 million funding round.

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US online brokerages hit the skids during market rout

US online brokerages suffered downtime as market opened in anticipation of a stock market rout.

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NCA shuts down Scam-as-a-Service platform

The UK's National Crime Agency has shut down a platform used by hundreds of criminals to defraud victims across the world through the use of spoofed phone calls.

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JPMorgan ponders legal action over Zelle probe

JPMorgan Chase is considering taking legal action against the Consumer Financial Protection Bureau (CFPB) over an ongoing probe into the abuse of Zelle payments by scammers.

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Nationwide branches to offer dementia nurse clinics

Nationwide is use its national network of branches to offer specialist dementia clinics to help tackle the country’s leading cause of death.

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Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.

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NPCI cuts off hundreds of banks over IT vendor ransomware attack

More than 200 cooperative and regional rural banks were briefly cut off from India's retail payments system last week by the National Payments Corporation of India (NPCI) amid concerns that C-Edge Technologies had been hit by a ransomware attack.

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Freetrade pulls out of Swedish market

Freetrade has announced it is leaving the Swedish market to focus its resources on UK self-directed investment market.

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Sustainable Finance Live 2024: Speaking to Oxbury Bank

Sustainable Finance Live 2024 kicks off on 8th October at Events@No6 in London.

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

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Mexican fintech Aviva raises $5.5m

Aviva, a Mexican "phygital" financial platform for the underbanked and micro businesses, has raised $5.5 million in seed funding.

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ZA Bank measures customers' financial fitness with 'Walk to Earn' campaign

Hong Kong's ZA Bank is taking financial fitness to a new level with the roll out of a 'Walk to Earn' programme for bonus savings rates.