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Category: Retail


Paytech, Retail

7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

May 25, 2023

Via: Investing.com

The Bank for International Settlements (BIS) and a group of central banks have published a paper detailing their “ongoing policy perspectives” on a retail central bank digital currency (rCBDC). The new publication is the fifth from the same authors. The […]


Paytech, Retail

Retail giant Walmart sues Capital One over credit card failures

April 28, 2023

Via: FinTech Futures

In a lawsuit filed in the US District Court for the Southern District of New York, Walmart alleges Capital One failed to meet several contractual obligations and customer service standards. The retail giant alleges Capital One did not meet customer […]


Paytech, Retail

Bloomberg to acquire fintech solutions provider Broadway

March 14, 2023

Via: FinTech Futures

The firm says there is a “commensurate need” for solutions that cater to a range of client workflows and trading, including across fixed-income asset classes, as electronic trading volumes in rates and credit markets grow. The acquisition will enable Bloomberg […]


Paytech, Retail

How Is the Metaverse Impacting the Relationship Between Fintechs and Customers? Industry Responds

March 8, 2023

Via: The Fintech Times

Personalisation has been the biggest challenge for fintechs over the past few years. Organisations that have failed to change their offerings to accommodate this demand have fallen by the wayside. As time continues, it does not appear that this is […]


Paytech, Retail

7 investors reveal what’s hot in fintech in Q1 2023

March 7, 2023

Via: TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears that even though VCs are proceeding more cautiously than before and taking their time […]


Paytech, Retail

PayTech Awards nominations close in two weeks!

March 6, 2023

Via: FinTech Futures

The deadline for nominations is Friday 17 March, so there’s now less than two weeks left to submit. The PayTech Awards offers categories for banks, financial and payment institutions, technology services, software providers, teams and individuals to enter. The sixth […]


Paytech, Retail

Fintech Fridays: TFT’s Weekly Fix of Product News & Deals 03/03

March 3, 2023

Via: The Fintech Times

Dogs Trust, one of the UK’s largest animal welfare charities, has launched a debit card in partnership with Currensea. It lets supporters donate to charity whenever they spend in the UK or abroad. It is the latest charity partner to […]


Mobile payments, Paytech, Retail

Binance partners Ingenico to support global crypto adoption

February 24, 2023

Via: ThePaypers

Cryptocurrency exchange Binance has partnered with France-based paytech Ingenico to enable in-store payments in France. The partnership includes the launc of a pilot programme that accepts more than 50 cryptocurrencies and will be available only on Ingenico Axium payment terminals […]


Paytech, Retail

Citizens Financial Group taps Paymentus for bill pay and money movement services

February 16, 2023

Via: FinTech Futures

Through the partnership, Citizens will utilise Paymentus Bill Center and Paymentus Loan Payments, both powered by Paymentus’ instant payments network (IPN). Paymentus Bill Center provides customers a holistic view of all their bills and financial obligations, as well as payment […]


Paytech, Retail

Dubai Welcomes Biometric Face Verification for Payments into ‘Hypermarkets’

February 13, 2023

Via: The Fintech Times

The implementation means that Carrefour’s customers in Deira and Amsaf can now purchase food, essentials and more using PopID’s Face Pay. To make payments using Carrefour’s newest facial verification feature, customers can enrol for the service through the retailer’s mobile […]


Paytech, Retail

Frasers Group rolls out new Buy Now, Pay Later app

January 31, 2023

Via: ThePaypers

UK-based retail company Frasers Group has launched a Buy Now, Pay Later (BNPL) scheme, Frasers Plus, for customers when they purchase products. The new Frasers Plus service will cover items purchased from the group’s brands, including House of Fraser, Missguided, […]


Paytech, Retail

New Zealand accounting fintech Hnry bags $24.5m in Series B funding

January 31, 2023

Via: FinTech Futures

The round also saw participation from Athletic Ventures, Left Lane Capital, Icehouse Ventures and Notion co-founder and chief operating officer (COO) Akshay Kothari. Founded in 2016 and based in Wellington, Hnry provides invoicing, tax, insurance and compliance services to self-employed […]


Paytech, Retail

Alipay partners Splitit for ‘pay after delivery’ offering

January 18, 2023

Via: FinTech Futures

The service is initially going to launch in Germany, France and Spain, with plans to expand into other international markets. With Splitit’s platform and Checkout.com’s payment acquiring capabilities, AliExpress shoppers will be able to pay after delivery using their existing […]


Blockchain, Crypto, Paytech, Retail

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

January 17, 2023

Via: Bitcoin.com

Vueling to Collect Payment in Crypto Vueling, one of the Spanish budget airlines that has grown after the Covid-19 travel restrictions ended, is taking its first steps to accepting crypto as payment for its services. The company announced on Jan. […]


Paytech, Retail

Decentralised paytech Clowd9 taps Netcetera as payment security provider

January 10, 2023

Via: FinTech Futures

Clowd9 will use Netcetera’s 3D secure issuer service for transaction authentication and Access Control Server (ACS), currently used by more than 200 banks and card issuers worldwide. The 3D secure server solution is designed for “frictionless and reliable” payment processing […]


Paytech, Retail

Banking-as-a-service delivers new deposits for banks

January 5, 2023

Via: Fintech News

Banking-as-a-Service (BaaS) will have a banner year in 2023, Treasury Prime CEO Chris Dean told Karen Webster in an interview. Traditional financial institutions (FIs) will be the critical ingredient for embedded banking software platforms to create new operating systems for […]


Paytech, Retail

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

January 5, 2023

Via: Bitcoin.com

Pharmacy Offers Ukrainians Option to Pay With Crypto Using Binance Pay Customers of the Ukrainian pharmacy chain ANC can now buy medicines and other items using a number of cryptocurrencies. The new payment option is accessible since Tuesday, the company […]


Paytech, Retail

J.P. Morgan Takes Stake in Viva Wallet To Accelerate Greek Expansion

December 23, 2022

Via: The Fintech Times

J.P. Morgan closes on a 48.5 per cent ownership stake in Viva Wallet and it continues its Greek expansion. Athens-headquartered Viva Wallet is a cloud-based payments fintech company founded in 2000. It offers value-added services to merchants including tap-to-device technology, […]


Paytech, Retail

This startup just landed $8.5M led by Bessemer to help companies automate their financial workflows

December 14, 2022

Via: TechCrunch

Earlier this month, Reuters reported that hedge fund Muddy Waters had accused Uruguayan payments company dLocal of using client funds to pay a special dividend to its shareholders from before its June 2021 IPO. The hedge fund said – according […]


Paytech, Retail

Revio raises USD 1.1 mln in seed funding

November 28, 2022

Via: ThePaypers

South-Africa based API payment and collections company Revio has raised USD 1.1 million in a seed round led by SpeedInvest to reduce payments failure in emerging markets. The round was joined by participating investors of the likes of RaliCap Ventures, […]