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Latest Results from /retail

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Standard Chartered uses 'skills passport' to match employees to projects

Standard Chartered is making the most of its internal talent by using an AI-based marketplace to match employees' skills with project-specific 'gigs'.

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Metro Bank cuts 300 jobs; inks Infosys deal

UK lender Metro Bank is axing around 300 jobs and calling in Infosys for an IT overhaul as it bids to find £80 million a year in savings.

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CommBank builds AI Factory with AWS

Commonwealth Bank of Australia has teamed up with Amazon Web Services to launch an inhouse 'AI Factory' with the aim of accelerating the adoption of Generative AI.

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Former Mastercard exec invests in Argentinian payments startup Pomelo

Former Mastercard Latin America and Caribbean regional head Carlo Enrico has invested in Pomelo, an Argentinian payments infrastructure firm.

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Ex-minister Williamson and CEO Baber quit troubled fintech Lanistar

Former defence secretary Gavin Williamson has left his role as an advisor to Lanistar, with the controversial fintech also losing CEO Jeremy Baber and facing a winding up petition over unpaid debts.

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NextGen: AI 2024: Uncovering the opportunities of AI legislation

Join us in London on 26 November 2024 for our inaugural NextGen: AI event and hear from Lord Chris Holmes about the potential of AI and the benefits of legislation.

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Which? warns consumers to watch out for fake messages about the new fraud refund scheme

Fraudsters are already latching on to the new APP fraud reimbursement scheme as a means to dupe consumers into handing over sensitive banking information warns consumer group Which?.

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Monzo brings monthly payments to Apple Pay purchases

Monzo is bringing payment options to customers who choose to pay with Apple Pay.

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AI ranking says banks lagging on climate action

Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.

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Standard Chartered invests in crypto-asset platform One Trading

Standard Chartered's investment arm, SC Ventures, has joined a funding round for European crypto-asset exchange One Trading.

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UK banks hail Regulated Liability Network experiments

The UK's biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.

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Barclays struggles to find buyer for UK merchants payments stake

Barclays is having a hard time selling off a stake in its UK merchant payments unit with potential buyers baulking at the bank's valuation of the business, according to Reuters.