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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
Swift to launch gpi gateway with blockchain start-up R3
Financial messaging service Swift is partnering with blockchain start-up R3 to launch a proof-of-concept trial to integrate its gpi network into the Corda platform.
Dubbed...
BankAm ups its IQ with AI, zaps payment processing solutions to the fast lane
Calling corporate customers with accounts in Bank of America!
Now, move your payment processing transactions into the bank’s newfound digital highway, powered by artificial intelligence,...
JPMorgan-CIIE to set up financial inclusion lab in India
JP Morgan and the Indian Institute of Management Ahmedabad's Centre for Innovation, Incubation and Entrepreneurship(CIIE) are teaming up for a $9.5 million Financial Inclusion...
‘Make Payments fly on Cloud, without security threat’, says a new Hybrid Cloud ERP...
It had to happen, one day. Finally, it has. News is that ERP knowhow has been redesigned to deliver more than the usual -...
Westpac launches DataX to deliver insights for clients
Westpac has become the latest bank to offer data analysis as a main source of revenue. Dupped DataX, the new offering collates millions 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...
