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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
DiDi introduces in-app credit, crowdfunding financial services
China’s Didi Chuxin has made its step into financial services by introducing mutual protection, personal credit, and automobile financing products in its app.
Initially registering for...
Cryptocurrency exchange Binance to support credit and debit cards
Leading cryptocurrency exchange Binance Ltd. has partnered with payment processing company SimplexCC Ltd. to support credit and debit cards services.
All Binance customers can use...
DBS Hong Kong revamps DBS HotSpot into Startup Xchange
DBS Hong Kong is revamping its earlier program into a platform that matches its corporate clients' problem statements with startups.
Dubbed Startup Xchange, the program will...
Itaú Unibanco join hands with Temenos for wealthtech revamp
Latin America’s largest banking group, Itau Unibanco has teamed with world's leading banking software vendor, Temenos Group for its international private banking business
The platform...
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...
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...
