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Latest Results from /retail

/retail

BBVA overhauls mobile app with AI and virtual financial coach

BBVA has overhauled its mobile app to offer faster response times and more personalisation through AI integration.

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Digital pensions fintech Penfold raises £3.9 million

Digital pension provider Penfold has raised £3.9 million in a funding round led by Gresham House Ventures.

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Google launches agentic shopping experience

Google is to launch an agentic shopping experience within search results, enabling shoppers to set a price for a particular product and allow the AI agent to make the purchase.

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Airwallex hits $6.2bn valuation

Airwallex has raised $300 million in a Series F funding round that values the payments firm at $6.2 billion.

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Binance integrates with Brazil's Pix payments system

Binance Pay has integrated with Brazil's Pix system to enable people to use crypto to make instant payments in reais.

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Fewer than 1 in 4 banks ready for AI era - report

A vast majority of banks are unprepared for the advent of artificial intelligence, according to recently published research

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Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

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Retailers back BNPL alternative from charity-owned lender

A group of UK retailers are backing a new BNPL alternative from charity-owned responsible lender Fair for You.

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JPMorgan Chase to let clients buy bitcoin

Having once said he would shut the crypto industry down, Jamie Dimon has confirmed that JPMorgan Chase will now let its clients buy bitcoin.

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UK government seeks open banking supplier for Universal Credit

The UK government has begun a procurement process to find an open banking technology supplier for use with its Universal Credit social security payments.

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UK court finalises £200m Mastercard settlement

Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been signed off by the Competition Appeal Tribunal in a move that could see millions of shoppers receiving up to £70 each.

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Spanish mobile networks go dark

Spain has been struck by a widespread outage across all mobile networks just four weeks after suffering from a nationwide electricity blackout, highlighting the perils of relying solely on online payment systems and apps.