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Latest Results from /retail

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Zopa moves to bigger London office

UK-based digital bank Zopa has doubled its physical footprint in London following its move to a new office.

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HSBC invests €36m in London fintech ClearScore

ClearScore, a London-based startup providing credit scoring services, has secured €36.1m in debt financing from its principal backer HSBC.

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Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

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Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

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Frank founder's trial begins over JPMorgan deal

The criminal trial against Charlie Javice for allegedly defrauding JP Morgan Chase into buying her fintech Frank, has begun.

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SEC drops Robinhood Crypto investigation

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

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UK court approves $200m Mastercard settlement

Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.

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UK Government mulls abolishment of Payment Systems Regulator

The UK Government is considering scrapping the Payments Systems Regulator and folding it into the Financial Conduct Authority.

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DBS to shrink workforce by 10%

Singapore's DBS Group expects to dispense with 4000 contract and temporary emloyees over the next three years as AI takes centre stage.

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The AA opens for savings and loans with NatWest embedded finance partnership

The Automoblie Association (AA) is to open savings and loan accounts for members and the wider market using embedded finance tools from NatWest Boxed.

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Nexi to connect German merchants to EPI's Wero wallet

Nexi is to begin connecting the first German merchants to the Wero wallet from the European Payments Initiative in the third quarter of this year, shortly after the launch of the bank-backed digital wallet for German e-commerce in the summer.

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Coinbase says SEC has agreed to drop enforcement case

Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.