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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
USAA tests augmented reality car-buying app
San Antonio-based USAA is piloting a new augmented-reality app which allows members to point their phones at a car made this century and get...
KBC’s latest 3-D Virtual Space; a gaming-like experience
Belgian bank KBC brings the next generation banking experience to its customers, by introducing their latest 3-D virtual space where the customers can move...
Barclays recruits ex-Goldman AI specialist as head of markets innovation
Multinational investment bank Barclays has hired Justin Brickwood, the former head of electronic trading engineering at Goldman Sachs to its team as the managing...
Danske Bank introduces account aggregation for Northern Ireland customers
Danske Bank has opened an account aggregation app in Northern Ireland using Open APIs to draw in data from other banks to its mobile...
Key trends in innovation – SWIFT focus, as world leaders take the discussion
It’s been a busy time for the past 12 months for banking, finance and securities companies looking at new business strategies, tech innovations and...
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...
