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Latest Results from /retail

/retail

Standard Chartered signs AI deal with Alibaba

Standard Chartered has signed an AI and cloud deal with Albibaba Group.

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Klarna scores EMI licence in the UK

Buy now, pay later giant Klarna has scored an Electronic Money Institution licence from the UK's Financial Conduct Authority, paving the way for a full-frontal assault on the retail banking market.

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ZA Global leads $40 million round in Hong Kong stablecoin firm RD Technologies

Hong Kong-based financial conglomerate ZA Global has led a $40 million Series A2 round in local stablecoin issuer RD Technologies.

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CFIT appoints Anna Wallace as CEO

Fintech growth quango, the Centre for Finance, Innovation and Technology (CFIT), has appointed the FCA's former head of innovation Anna Wallace as CEO.

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Worldline in talks to sell non-payments unit

French payments processor Worldline has entered exclusive talks over selling its digital services business to tech group Magellan Partners in a €410 million deal.

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Apple and JPMorgan Chase close in on credit card deal

JPMorgan Chase is on the verge of closing a deal to replace Goldman Sachs as issuer for the Apple credit card, according to reports.

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FIS to integrate with Circle for USDC payments

Global banking technology vendor FIS has teamed with stablecoin issuer Circle to give financial institutions the ability to transact in USDC.

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Bailey and Reeves clash over Revolut banking licence - FT

The Bank of England governor has reportedly clashed with chancellor Rachel Reeves over efforts to accelerate Revolut's authorisation as a fully-licenced bank.

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Revolut offers financial independence to 16-17 year olds

Revolut has extended access to its retail account for 16-17 year olds, leaving them free from adult supervision in kids accounts as they become financially independent.

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PayPal unveils 'Pay with Crypto' feature

PayPal is launching a service that enables businesses to accept payments in more than 100 cryptocurrencies.

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CaixaBank turns on instant cross-border mobile transfers

The European Payments Alliance (EuroPA) has hit a milestone in its efforts to bring instant cross-border payments to the continent with customers of Spain's CaixaBank now able to send money to people in Portugal, Italy and Andorra via the Bizum mobile transfer scheme.

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Wise shareholders back plan to move listing to the US

Wise shareholders have voted in favour of the fintech's plan to shift its primary listing from London to the US.