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Latest Results from /retail

/retail

UAE usurps UK in global fintech rankings

The UK has been pushed into third place in global fintech rankings for the first time following a strong showing by the UAE.

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Interledger Protocol targets interoperable stablecoins

The Interledger Foundation (ILF) is extending its efforts to promote the creation of an interoperable payments network to include stablecoins.

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TPG and Bluecode launch pan-European mobile payment service

The Payments Group (TPG), has become the first pan-European issuer of the Bluecode scheme, giving people across the continent access to a prepaid-based mobile payment alternative to Visa and Mastercard.

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Fiserv acquires part of TD's Canadian merchant business

Canada's TD Bank is selling part of its merchant processing business to Fiserv as part of a wider agreement with the US payments giant.

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Sam Altman fears AI-enabled fraud crisis

OpenAI CEO Sam Altman says it "terrifies" him that banks still use voice-based authentication methods in an era when the AI that he has helped bring into the mainstream can trick such technology.

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Wise US relisting plan faces pushback from co-founder and proxy advisers

Wise's plan to move its primary listing to the US is drawing fire from co-founder Taavet Hinrikus and proxy advisory firms because the vote on the move will also ask shareholders to greenlight an extension of the money transfer company's dual-class share structure.

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UK competition authority takes on Apple over digital wallets

The UK's Competition and Markets Authority (CMA) says it will take action to ensure Apple opens up restrictions on fintechs offering their own digital wallets on iPhones.

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PayPal unveils integration with domestic wallets across the world

PayPal has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo.

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NatWest hires AWS and Accenture to consolidate customer data across the bank

NatWest has signed a five-year deal with Amazon Web Services and Accenture to consolidate its customer data streams into a single, bank-wide data platform, enabled by AI.

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PNC partners Coinbase to bring crypto services to clients

PNC Bank has struck a deal with Coinbase to bring crypto services to the Main Street lender's clients and institutional investors.

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Equifax Australia and Mastercard use open banking to boost credit access

Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.

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Bitget Wallet partners MoonPay for stablecoin-to-fiat offramp

Bitget Wallet has partnered MoonPay to launch a fiat withdrawal feature that allows users to convert stablecoins directly into cash.