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Latest Results from /retail

/retail

Mastercard rolls out first of a suite of GenAI assistants

Mastercard has launched a GenAI-based digital assistant designed to speed up customer onboarding.

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ANZ overhauls operations

Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.

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MAS establishes Global Finance & Technology Network

The Monetary Authority of Singapore has established The Global Finance & Technology Network (GFTN) a not-for-profit organisation to harness technology, pump-prime startups and foster innovation in the fintech ecosystem.

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CEO of ethical bank Triodos UK to step down

Bevis Watts, the CEO of Triodos Bank UK, is to step down after a ten-year stint at the helm of the ethical bank.

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FusionIQ launches wealth management product for digital wallet providers

FusionIQ has unveiled a wealth management platform designed specifically for digital wallet companies.

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Santander cuts 1400 UK jobs

Banco Santander will axe 1425 jobs in the UK this year as part of a cost-cutting round and push to automate some work.

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Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

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JPMorgan Chase sues customers over viral 'infinite money glitch'

JPMorgan is suing customers who took advantage of a glitch in the bank's cheque deposit service to withdraw thousands of dollars from its ATMs.

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Postbank generates cash via barcode

Deutsche Bank subsidiary Postbank is preparing to roll out a service that enables consumers to generate a barcode on their phone to withdraw or deposit around €1,000 per day at 12,500 retail locations in Germany

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Nigerian fintech Moniepoint raises $110 million

Nigerian fintech behemoth Moniepoint has raised $110 million in funding to expand across Africa.

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Afin taps Thought Machine to launch digital bank for Africans in the UK

Afin Bank, a digital lender created to help people from Africa living and working in the UK, has picked Thought Machine as its core banking provider.

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Citi signs with Google Cloud for AI

Citi has inked a multi-year agreement with Google Cloud that will see the US banking giant tap into the vendor's Vertex AI platform.