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Latest Results from /retail

/retail

MyPOS acquires French cash register company Toporder

London-based fintech myPOS has made its first acquisition, snappping up French cash register company Toporder.

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Barclays shuts down Rise fintech accelerator programme

UK bank Barclays is shuttering its decade-old fintech accelerator programme, Rise.

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Bank of Ireland fraud prevention team received over 10,000 calls during festive period

Bank of Ireland has revealed that its fraud prevention team fielded over 10,000 calls from customers during the peak holiday period – Monday 23 December to Sunday 29 December – with more than 550 calls from customers on Christmas day alone.

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Capital One customers hit by outage

Capital One says an issue with a third-party vendor that left some customers unable to access their accounts has been fixed.

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UK green fintech Tred winds up; blames APP fraud reimbursement rules

UK green fintech startup Tred is to wind down its business, blaming the shutdown on new reimbursement rules on authorised push payment fraud.

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Swedish central bank calls for more action by banks on Tips cross-currency project

Sweden's central bank is calling on banks to join in the ongoing work to enable instant cross-currency payments within Europe via the Target Instant Payment Settlement (Tips) system.

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Trump meme coin crashes as wife Melania joins the fray

Incoming US president Donald Trump briefly saw the capitalisation of his newly-minted meme coin $Trump more than halve upon the release of a similar crypto token by his wife Melania.

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Acquired.com hires former Stripe and JPMorgan executive Lee Clifton as COO

Acquired.com has hired Stripe's global head of payments performance and strategy, Lee Clifton, as chief operating officer.

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Revolut takes on impersonation scams with in-app calls

Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.

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Trump preps crypto executive order

Incoming US president Donald Trump is set to release an executive order designating cryptocurrency a national priority, according to Bloomberg.

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UK's Payment Systems Regulator sets out updated strategy

Halfway through its five-year strategic plan, the UK's Payment Systems Regulator (PSR) has published its strategy update setting out its core commitments.

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Amazon to buy Indian BNPL firm axio

Amazon has agreed to acquire Indian buy now, pay later firm axio in a deal reported to be worth more than $150 million.