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Latest Results from /retail

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Africa's Chipper Cash signs with Ripple for cross-border payments

Ripple has signed a deal to deliver crypto-enabled cross-border payments to African money movement firm Chipper Cash.

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EBAday 2025 agenda released

EBAday will come to Paris on 27-28 May at the Les Salles du Carrousel.

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MyPOS buys UTP

London-based fintech myPOS has made its second acquisition of the year, snapping up payments outfit UTP Group. Financial terms were not disclosed.

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TD dominates 2024 bank fines chart

Banks around the world paid $4.5 billion in major fines in 2024, with TD Bank accounting for two-thirds of the total after it pleaded guilty to violating US anti-money laundering federal laws.

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JPMorgan makes quantum computing randomness breakthrough

JPMorgan Chase researchers are claiming a quantum computing breakthrough, generating certified randomness.

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Trump moves to phase out Treasury paper cheques

Donald Trump has ordered the US federal government to phase out the use of paper cheques and to centralise payment processing in an effort to crack down on fraud.

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Santander scores victory in APP fraud retrieval case

Santander has scored a significant High Court victory in a push payment fraud case over its responsibility to return £415,000 that was sent to a scam account.

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Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation.

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Fidelity Investments preps stablecoin

Fidelity Investments is in advanced stages of testing its own stablecoin, which is designed to act as cash in cryptocurrency markets and will be managed through its digital assets arm.

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Experian taps open banking for new Cashflow Score

Experian is embracing open banking with a new product that lets Americans share their transaction data to get a 'Cashflow Score' that firms can use when making credit decisions.

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Charm launches AI platform to help banks combat scams

Charm, an AI-powered security platform that protects organisations and their customers from scams, social engineering, and human-centric fraud, has emerged from stealth with $8 million in seed funding.

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Tech central to FCA five-year strategy

The UK's Financial Conduct Authority says it will embrace technology as a key tool in its five-year strategy to "support growth and improve lives".