Latest Results from /retail
/retail
Qomodo, an Italian startup that helps physical merchants offer their customers BNPL payment options, has raised €13.5 million in Series A funding.
22 January 2025
Royal Bank of Canada has teamed with AI vendor Cohere to co-develop a security and data privacy application using generative AI.
Stripe has laid off around 300 employees, 3.5% of its workforce, according to Business Insider.
21 January 2025
Nationwide Building Society is to expand its use of Generative AI, after reporting a successful first implementation with Microsoft.
As Monzo makes preliminary plans to go public, the UK digital challenger bank's CEO and board are reportedly at odds over whether to list in London or New York.
Egyptian payments platform MoneyHash has secured $5.2 million in pre-Series A funding to target emerging markets globally.
London-based fintech myPOS has made its first acquisition, snappping up French cash register company Toporder.
UK bank Barclays is shuttering its decade-old fintech accelerator programme, Rise.
Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.
Capital One says an issue with a third-party vendor that left some customers unable to access their accounts has been fixed.
20 January 2025
UK green fintech startup Tred is to wind down its business, blaming the shutdown on new reimbursement rules on authorised push payment fraud.
Sweden's central bank is calling on banks to join in the ongoing work to enable instant cross-currency payments within Europe via the Target Instant Payment Settlement (Tips) system.
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