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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

IBM and Italy’s Banca Carige start $500M joint venture

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IBM and Italian bank Banca Carige start a $500 million joint venture called Dock, intended to drive innovation and competitiveness at Carige. With the joint...

Open Banking model to re-define financial products, customer services

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Forecast was, come 2017, the ‘challenger’ banks will take-over their space in the UK’s banking industry. The time is here and now. Loaded with information...

NatWest collaborates with AWS to build new generative AI tools

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NatWest is expanding its partnership with Amazon Web Services (AWS) to incorporate the use of new generative AI technology provided by the cloud service...

Finn AI taps Visa developer platform for its chatbot

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The Canadian virtual assistant startup Finn AI is using Visa's developer platform to expand the capabilities of its chatbot. The startup is looking to develop...

Palm vein biometric payments; Aeon and Fujitsu team up

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Aeon Financial Services and Fujitsu are teaming up to test palm vein biometric payments that will let shoppers pay for their groceries with their...

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

RISK

BLOCK CHAIN