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Latest Results from /retail

/retail

Investing.com unveils AI-driven financial researcher

Investing.co, a provider of financial news, tools and data to retail investors, has launched an AI-driven researcher called WarrenAI.

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Central banks go to tender for cross-border payments network operator

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement execercise to appoint a technical network operator.

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Barclays strikes deal with Brookfield to offload payments business

Barclays has entered a strategic partnership with Brookfield Asset Management that will work towards offloading the UK bank's payments acceptance business "over time".

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Global Payments to buy Worldpay for $22.7bn; sell Issuer Solutions to FIS

The payments sector is getting a major shakeup, with Global Payments agreeing a $22.7 billion deal to acquire Worldpay from GTRC and FIS while offloading its Issuer Solutions business to FIS for $13.5 billion.

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Bolt launches SuperApp combining one-click crypto and everyday payments

Bolt has released a new SuperApp combining one-click crypto and everyday payments to compete with the likes of Coinbase, Zelle and PayPal.

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Latin American open finance platform Belvo raises $15m

Mexico City-based open finance API platform Belvo has raised $15 million in a round led by Quona Capital and joined by Citi Ventures.

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Wise launches 'Spend with Others' feature

Money transfer platform Wise has launched a 'Spend with Others' feature that lets users share spending with a group.

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Google used AI to banish half a billion scam ads in 2024

Google has been using AI to crack down on advertising fraud, meeting a key demand from banks and politicians to bear down on scam accounts.

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US Judge throws out CFPB's cap on credit card late fees

A US judge has killed of a Consumer Financial Protection Bureau rule capping credit card late fees at $8.

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Ex-Revolut staffers team with Mastercard to take stablecoins mainstream

Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails.

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Allica Bank nearly doubles profits

British SME challenger bank Allica has nearly doubled profits and hit £3 billion of lending in a record-breaking year in which it was crowned as the fastest growing startup in Europe.

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Klarna and Clover ink in-store BNPL pact

Klarna has moved to boost its in-store presence in the US, bringing its BNPL payment options to 100,000 merchant locations though a deal with Fiserv's Clover point-of-sale business.