1287 Results from /retail, 2018
/retail
UK challenger bank Monzo is going back to the crowdfunding well, seeking up to £20 million from ordinary punters to top up a more traditional recent £85 million funding round.
26 November 2018
PayPal's $2.2 billion takeover of Swedish mobile payments firm iZettle could lead to higher prices and worse service for UK customers, a Competition and Markets Authority (CMA) investigation has found.
PayPal-owned P2P payments app Venmo experienced a surge in fraud earlier this year, leading to bigger than expected quarterly losses.
BBVA-backed venture fund Propel has led a $9 million Series A round in US-based Charlie, a text-based AI chatbot aimed at less financially astute consumers.
Reserve Bank of Australia governor Philip Lowe has painted a picture of a near-future society in which physical cash is a niche payment instrument reserved only for emergencies.
UK savings app Chip has closed a £4 million crowdfund raise as it prepares to enter the P2P lending market.
Lloyds Banking Group has added Google Maps functionality to its mobile app to help customers pinpoint the exact location and details of debit card transactions with a single tap or click.
The UK's influential treasury Committee is to launch an inquiry into bank IT failures after a string of high profile incidents at major banks.
23 November 2018
Kotak Mahindra Bank has opened an API developer platform to spur third party innovation across the bank's datasets.
E-invoicing and direct debits stand to be transformed as a result of the P27 initiative, as well as the promotion of healthy competition among banks for new products and services, according to panellists at Finextra's NextGen Banking Nordics annual conference in Stockholm
Eight European banks have been lauded as among the top 36 corporates across the continent for their engagement with the startup ecosystem.
Two of Africa's largest telcos MTN and Orange have formed a joint venture to create an interoperable mobile money transfer service for payments across the continent.
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