1287 Results from /retail, 2018
/retail
Private equity firm Motive Partners has acquired a majority stake in Finantix, which provides a bundled set of components and software development tools for financial firms beginning their digital transform journeys.
11 December 2018
Bank data sharing startup Plaid has raised a whopping $250 million Series C, valuing the three-year old company at $2.65 billion.
Finger vein payments technology is to be introduced campus-wide at Copenhangen Business School, following a successful test-run by Nordic payments processor Nets and UK biometrics company Sthaler.
Barclays Bank has become the first of the UK's incumbents to follow the example set by challengers Starling and Monzo in enabling customers to block payments to certain categories of retailer, such as gambling services and premium rate websites and phone lines.
Currencies Direct is to open a new real-time cross-border remittance corridor to India using Ripple's xCurrent payment protocol.
Pay.UK's Faster Payments team is rolling out new technology from Vocalink that enables banks to track and pinpoint fraudulent payments transactions across multiple, connected 'mule' accounts.
Spanish banks have warned of the potential financial stability implications of Big Tech firms like Goolge, Amazon and Facebook entering the financial services industry.
10 December 2018
Viva Republica, the firm behind South Korea's wildly successful payments app Toss, has raised an $80 million round, valuing the firm at $1.1 billion.
Barclaycard's efforts to make passwords a thing of the past has led it to join an accelerator programme run by self-sovereign identity (SSI) specialist Evernym.
In an interview with Finextra, Tandem Bank’s chief operating officer Nick Bennett revealed that the more data protection is regulated, the slower attitudes towards privacy will change.
07 December 2018
Cross River Bank, a New Jersey-based provider of banking services for financial technology companies, has completed a funding round of approximately $100 million, led by a $75 million equity investment from KKR.
Hang Seng Bank has formed a fintech alliance with e-commerce giant Tencent that will see the pair work together on a host of initiatives, including a remote account opening system and payment services.
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