Latest Retail banking News: Finextra Research

Temenos opens up the box with GenAI co-pilot

Temenos has launched a GenAI co-pilot for its retail banking core product, enabling banks to test and launch new products faster.

31 mins

/retail

Sweden's central bank comes down hard in favour of cash payments

Sweden's push to become a cashless society is rapidly heading into reverse, as the central bank sdubmits proposals to introduce an obligation to accept cash in the sale of essential goods, and to strengthen the banks' responsibility for cash handling.

12 hours

/retail

Revolut to invest €1 billion in France and apply for banking licence

Revolut is to invest more than $1 billion to expand its operations in France over the next three years as it prepares to apply for a French banking licence.

13 hours

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UK Government to rush through new rules to tame BNPL 'wild west'

After years of wrangling, the UK Government is finally introducing new rules to clamp down on what it describes as the 'wild west' of buy now, pay later lending.

14 hours

/retail

Aveni launches FinLLM with backing from Lloyds and Nationwide

Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.

14 hours

/retail

UK businesses would adopt open banking for security benefits

More than 40% of British businesses are keen to integrate open banking into their operations citing the potential benefits of increased security and fraud prevention, but many are held back by lack of understanding, according to a study from NatWest.

19 May 2025

/retail

Paythru partners with Adyen on electric vehicle charging payments platform

The new EV payments platform will help to standardise how drivers pay at EV charge points. EV drivers primarily pay for charging using credit or debit cards, either by tapping their cards on a payment terminal or by using a kiosk. Other methods include using charging cards (RFID), smartphone apps, and 'Plug & Charge' technology. Some stations also allow for online payments or payments through QR codes.

16 May 2025

/retail

Mastercard and MoonPay bid to mainstream stablecoin payments

Mastercard is stepping up its commitment to stablecoins, inking a deal with MoonPay to enable people and businesses to use them for payments across global markets.

16 May 2025

/retail

Wero wallet arrives at the online checkout via Nuvei

Nuvei has joined the European Payments Initiative (EPI) as one of the first providers to offer merchants the Wero digital mobile wallet as an option in their online checkouts.

16 May 2025

/retail

Acorns buys family wealth app EarlyBird

Savings and investment app Acorns has acquired the assets of EarlyBird, a "family wealth and digital memory" platform for kids. Financial terms were not disclosed.

16 May 2025

/retail

ECB sets back deadline for non-bank PSP access to Target

The European Central bank has postponed a deadline for allowing non-bank payment service providers (PSPs) to access central bank-operated payment systems, including the Target settlement system.

15 May 2025

/retail

Coinbase says crooks bribed workers for customer data in breach that could cost it $400m

Coinbase says that crooks bribed employees and contractors to steal customer data for use in social engineering attacks in an incident that may cost the crypto exchange up to $400 million to address.

15 May 2025

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