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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
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...
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...
Westpac to re-skill workforce; resolves to face new digital era challenges
Westpac, Australia's first bank with a range of innovative financial packages that meet personal, business or corporate banking needs of customers is on the fast-track.
The bank is preparing...
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...
PNC, IBM team up with health insurers on blockchain project
PNC Bank and IBM Corp have teamed up with a group of health insurers including CVS Health Corp’s Aetna to create a blockchain network...
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...
