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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
Banking startup Xinja opts SAP to power its digital bank
Australian digital banking startup Xinja has selected SAP Cloud for Banking to power its mobile-banking platform as it prepares to take on the country's...
Mastercard collaborates with Microsoft digital identity innovations
Mastercard and Microsoft are teaming up to try and improve digital identity verification by eliminating the use of passwords and giving people an instant way...
Fingerprint payment card firm Zwipe to raise $13.7m
Norway-based fingerprint payment card firm Zwipe is looking to raise a $13.7 million through a listing on Oslo Bors' multilateral trading facility Merkur Market.
Partnering...
ICICI revamps mobile app to add investment tool
Indian bank ICICI revamped its mobile banking app to introduce new features like robotics-based investment advice tool and voice-command fund transfers.
With the free Money Coach...
Atom Bank teams up with Thought Machine
Mobile bank Atom has signed a multi-year partnership with core banking startup Thought Machine for the next stage of its business banking and mortgage lending...
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...
