Latest Results from /retail
/retail
A group of UK retailers are backing a new BNPL alternative from charity-owned responsible lender Fair for You.
21 May 2025
Having once said he would shut the crypto industry down, Jamie Dimon has confirmed that JPMorgan Chase will now let its clients buy bitcoin.
The UK government has begun a procurement process to find an open banking technology supplier for use with its Universal Credit social security payments.
Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been signed off by the Competition Appeal Tribunal in a move that could see millions of shoppers receiving up to £70 each.
20 May 2025
Spain has been struck by a widespread outage across all mobile networks just four weeks after suffering from a nationwide electricity blackout, highlighting the perils of relying solely on online payment systems and apps.
BNPL giant Klarna says it is fast approching $1 million in revenue per employee, spearheaded by its aggressive uptake of AI.
Temenos has launched a GenAI co-pilot for its retail banking core product, enabling banks to test and launch new products faster.
Sweden's push to become a cashless society is rapidly heading into reverse, as the central bank submits proposals to introduce an obligation to accept cash in the sale of essential goods, and to strengthen the banks' responsibility for cash handling.
19 May 2025
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.
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.
Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.
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.
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