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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
Rabobank spins off book-keeping tool Tellow
Rabobank is spinning off its book-keeping tool Tellow as a separate company offering online book-keeping support to all self-employed professionals in the Netherlands and...
Cyber-crooks use mobile games to launder money from stolen credit cards
Cyber-crooks are using in-game currency from mobile games like Clash of Clans to launder money from stolen credit cards.
According to the security firm Kromtech...
Fosun invests in fintech incubator The Floor
Fosun International and Fosun Hani Securities Limited made a strategic investment of $5 million in Israel-based startup The floor.
Founded in 2016 as a fintech...
Car financing platform from Deutsche Bank, Allianz and Auto1
Berlin-based car exchange Auto1 has partnered with Deutsche Bank and German insurance company Allianz for an automobile financing firm.
The three partnering companies own more...
Messaging app Line to launch cryptocurrency
Popular Japanese messaging app Line is introducing a brand new cryptocurrency called Link, which will be given as rewards to the 200 million users of...
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...
