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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
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...
Sberbank and Azbuka Vkusa team up for fingerprint payments
Russia's state-owned banking giant, Sberbank has teamed up with supermarket chain Azbuka Vkusa to launch the "perfect fingerprint payment service."
Currently, customers can pay for...
NatWest launches account aggregation app
NatWest has launched an account aggregation feature that enables its users to view balances and transactions from 15 other banks on the bank's mobile banking app.
The...
PayPal subpoenaed by SEC over its USD-pegged stablecoin
Payment giant PayPal has recently found itself in the crosshairs of the US Securities and Exchange Commission (SEC). The regulatory authority issued a subpoena...
Monzo partners with TransferWise for international money transfer
Challenger bank Monzo has announced a partnership deal with Transferwise for cross-border money transfer to 16 countries.
The Transferwise integration with the payments tab...
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...
