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Barclays invests £2M In WealthOs
Barclays has invested £2 million in seed funding for WealthOS, a cloud-native and API-driven wealthtech startup. Joining Barclays in the funding initiative are VC...
BUSINESS
Fiserv acquires Skytef
Fiserv, a global leader in payments and financial technology, has announced the acquisition of Skytef, the primary distributor of Software Express's SiTef® (Solução Inteligente...
Visa invests $100m in Gen AI tech for payments
Visa has established a $100 million fund through its corporate investing arm, Visa Ventures, to support innovative applications of Generative AI in the payments...
PAYMENTS
SECURITY
Traydstream raises $21m in Series B
The automated trade document checking platform, Traydstream, has successfully concluded a Series B funding round, raising $21 million. This funding round was led by...
ANNOUNCEMENTS
Salt Bank adopts Starling Bank’s SaaS platform
Starling Bank's Software-as-a-Service (SaaS) platform, Engine, has secured Salt Bank, formerly known as Idea Bank, as its first client. Salt Bank, a subsidiary of...
Mastercard teams with Worldpay and Zip to expand open banking options
Mastercard is intensifying its involvement in open banking through partnerships with Worldpay, a merchant solutions business, and Zip, a Buy Now, Pay Later (BNPL)...
NatWest enables Mastercard’s click-to-pay for all users
NatWest has become the first UK bank to offer Mastercard's Click to Pay service to all its customers.
Having been in trial at the bank...
Fiserv acquires Skytef
Fiserv, a global leader in payments and financial technology, has announced the acquisition of Skytef, the primary distributor of Software Express's SiTef® (Solução Inteligente...
UOB trials Microsoft’s generative AI tool
Singapore-based United Overseas Bank (UOB) is preparing to conduct a trial of Microsoft 365 Copilot, an AI-driven productivity tool, with several hundred employees.
Starting this...
TECHNOLOGY
Temenos acquires Indian big data firm hTrunk
Swiss banking technology vendor Temenos has inked an agreement to acquire hTrunk, an Indian developer of big data and analytics solutions for the banking industry.
With...
Swedish online bank Nordnet fires its AI assistant, Amelia
Digital bank Nordnet has terminated its virtual staffer Amelia, after an underwhelming employee performance review.
It was in last summer that Nordet made a deal...
Palm vein biometric payments; Aeon and Fujitsu team up
Aeon Financial Services and Fujitsu are teaming up to test palm vein biometric payments that will let shoppers pay for their groceries with their...
NatWest launches account aggregation app
NatWest has launched an account aggregation feature that enables its users to view balances and transactions from 15 other banks on the bank's mobile banking app.
The...
‘Open new bank accounts without documents’ : Singapore’s latest public service
Singapore citizens will get another reason to be a tension-free community, with the arrival of the Government’s latest initiative of offering instant online opening...
RETAIL BANKING
American Express pilots biometrics for online transactions
American Express is set to conduct a pilot program for the use of facial and fingerprint recognition to authenticate users at online checkouts.
This biometric...
