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1287 Results from /retail, 2018

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Icici adds investment tool to revamped mobile app

India's Icici has overhauled it mobile banking app, introducing a host of features, including a robotics-based investment advice tool and voice-command fund transfers.

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Sberbank runs accelerator for inhouse staff

Russia's Sberbank has invited all of its 300,000 employees to take part in an inhouse accelerator programme with a promise to invest in the best ideas to emerge.

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HSBC introduces robo-advisory service

HSBC UK is wading in to the robo advice market, launching an online advisory service that will deliver tailor-made recommendations based on an individual’s unique financial circumstances and needs

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Gazprombank to develop cryptoasset service for private clients

The Swiss arm of Russia's Gazprombank is to roll out a cryptoasset service for clients in mid-2019, using technology from core banking supplier Avaloq and local blockchain startup Metaco.

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Australian neo bank 86 400 begins beta testing ahead of launch

Having rounded out its technology suite and begun beta app testing, Australian neo bank 86 400 has started a waiting list for prospective customers and opened up to talks with future investors.

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Cuna Mutual Group buys small biz lending platform Mirador

Cuna Mutual Group has acquired Portland-based digital small business lending platform Mirador. Financial Terms of the deal were not disclosed.

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Banco Sabadell unit invests in Mexican payments startup

Banco Sabadell's digital business hub InnoCells has made a move into the Mexican market, joining a $6.5 million funding round, led by Ignia and Dalus Capital, for digital payments startup UnDosTres.

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Pindrop raises $90m to bring voice security tech to IoT devices

Pindrop, a voice security and authentication provider for call centres, has raised $90 million in a Series D funding round joined by Goldman Sachs and Citi Ventures.

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R3 and Ripple play nice as new Corda app supports XRP

Distributed ledger technology outfit R3 has launched a universal settler application to facilitate payments on its Corda platform, with rival Ripple's XRP the first cryptocurrency to be supported.

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Monzo raises £20 million in just two days

UK app-based bank Monzo has completed its latest crowdfunding exercise, raising £20 million on Crowdcube in just two days, two hours and 45 minutes.

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CMA opens Phase 2 probe into PayPal's takeover of iZettle

PayPal's refusal to address concerns raised by the UK's Competition and Markets Authority over its takeover of Sweden's iZettle have opened the door for a full-blown Phase 2 investigation by the watchdog.

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Open Banking is in the customer’s hands in the age of data breaches

Following news of the Marriott data breach, panelists at Fintech Connect 2018 believe that while concern about the security of data retention still exists, open APIs have resulted in a paradigm shift around how data is controlled.