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Barclays invests £2M In WealthOs

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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

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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

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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

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The automated trade document checking platform, Traydstream, has successfully concluded a Series B funding round, raising $21 million. This funding round was led by...

Salt Bank adopts Starling Bank’s SaaS platform

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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

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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

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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

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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

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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...

MEDIA

TECHNOLOGY

Vipps partners with Nets for electronic invoicing

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Norwegian payments app has partnered with Danish payments firm Nets to develop new invoicing and bill payments options in the country. The Danish firm's digital...

Card data of 69,000 Pakistani bank users leak on Dark Web

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Threat intelligence firm Group IB has revealed that the data of 69,189 Pakistani bank cards worth a street value of about $3.5 million has gone...

Citi partners with HighRadius for corporate receivables

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Using machine-learning tools from HighRadius, Citi looks to provide a smooth-running process of matching open invoices to payments received for its corporate clients. Dubbed Citi...

First Direct enables payments through messaging apps

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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...

How to run a bank from a cloud: Satandar’s Openbank, Spain shows the way

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In one of the path-breaking initiatives in Spain’s banking history, Banco Santander is overhauling the operations of Openbank, its direct banking subsidiary in that...

RETAIL BANKING

American Express pilots biometrics for online transactions

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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...

WHOLESALE BANKING

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