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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
‘Open new bank accounts without documents’ : Singapore’s latest public service
Singapore citizens will get another reason to be a tension-free community, with the arrival of the Government’s latest initiative of offering instant online opening...
SS&C to acquire Eze Software for $1.45b
Global provider of financial services software, SS&C Technologies Holdings has acquired Eze Software, the investment management software house of private equity owner TPG Capital.
The...
First Direct enables payments through messaging apps
Online and telephone-only bank First Direct has partnered with social payments startup PayKey to enable its customers to make payments while chatting on messenger...
Barclays Bank invests in MarketInvoice to enhance client offering
Barclays is partnering with London-based fintech firm MarketInvoice, in order to accelerate growth by transforming the way SMEs manage cash flow.
Committed to a significant...
Barclaycard teams up with Evernym for self-sovereign identity
Barclaycard joins an accelerator programme run by self-sovereign identity (SSI) specialist Evernym to replace usernames and passwords with much more efficient and secure methods.
Enabling people...
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...