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Latest Results from /retail

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Klarna BNPL integrates with Apple Pay

Klarna buy now, pay leter credit is now available to users checking out on Apple Pay online and in apps with an iPhone and iPad.

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Stripe in talks to acquire stablecoin platform Bridge

Payment firm Stripe is reportedy in advance talks to acquire stablecoin platform Bridge, according to sources cited by Bloomberg.

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FCA to open AI Lab

The FCA is launching an AI Lab to work alongside banks, tech firms, academia and consumer groups to explore how AI can be safely and effectively integrated into financial services

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Worldline moves into account-to-account payment market

Worldline is seeking to futher diversify its payment offerings with the launch of account-to-account payment services across ten European markets.

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MuchBetter to offer free payment rings to UK consumers

Wearable payments outfit MuchBetter is to offer free contactless ceramic payment rings to everyone in the UK.

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Klarna sells UK loan book to hedge fund Elliot Avdisors

Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its growth plans.

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Zopa embeds loan product with John Lewis

Zopa Bank has won a deal with high street retailer John Lewis to to offer personal loans to its 23 million customers.

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Microsoft banking lead Christofi joins PwC as partner

Lilia Christofi, formerly Microsoft’s head of banking in Emea, has joined PwC to lead the consulting firm's financial services data and AI team.

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Ripple readies for stablecoin launch

Ripple is preparing to launch a US dolar denominated stablecoin, roping in a host of exchange partners and customers in the digital asset industry.

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Solaris to lay off a third of workforce

German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.

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Barclays takes over GM card business from Goldman Sachs

Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.

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Revolut tops fraud leaderboard by a country mile

The BBC has found that Revolut was named in more reports of fraud in the last financial year than any of the major High Street banks.