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Latest Results from /retail

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Lithuania fines crypto firm EUR9.3m for Russia sanctions violations

Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.

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UK fintech investment down 37% in H1 2024

The ongoing deline in fintech investment continues in the first half of 2024 but shows signs of bottoming out, acccording to new figures from Innovate Finance.

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Divido calls in the administrators

White label buy now, pay later player Divido has been declared insolvent.

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Banco Santander and Google offer free AI training for everyone

Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.

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Banks in Singapore to phase out One-Time Passwords

Banks in Singapore are to phase out the use of phishing-prone One-Time Passwords (OTP) in favour of digital tokens for bank account login.

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African remittance app Nala raises $40 million to go global

Money transfer fintech Nala has raised $40 million in Series A funding to support its global expansion and enhance the reliability of payments to Africa by laying down its own payment rails.

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Developing HSBC's Zing app: The role played by Visa, Currencycloud and Tink

Visa has revealed its role in the development of HSBC's money transfer app Zing, with subsidiaries Tink and Currencycloud providing key building blocks.

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Visa and Tangem combine payment card with crypto wallet

Crypto wallet provider Tangem is partnering with Visa on the launch of a payment card that will be integrated with the Swiss firm's self-custodial hardware wallet.

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Commbank adds car buying and travel bookings to mobile app

Commonwealth Bank of Australia has added travel bookings and car buying services to its mobile app.

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ABA review into dismal open banking take up calls for collective rethink

The Australian Bankers' Assocation says that the country's opt-in open finance programme has failed to reach its potential four years after launch.

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Ethos partners Thought Machine for Shariah-compliant banking services

A new digital financial services provider, called Ethos, has launched in the UK to offer Shariah-compliant services to Muslims.

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Mastercard and Visa extend cap on inter-regional fees for tourist cards in EU

Visa and Mastercard have committed to keep a cap on tourist card fees in place for another five years, says the European Commission.