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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
Nationwide to launch AI assistant
British mutual financial institution Nationwide Building Society is looking to launch an AI-based virtual assistant to respond to the inquiries of first-time home buyers.
...
UBS launches completely digital product line
Multinational investment bank and financial services company, UBS is launching its completely digital product line targeting digital-savvy younger users in Switzerland. Dubbed UBS key4,...
Sibos 2018: EastNets launches AI- based tools to combat fraud and money laundering
Compliance and payments solutions provider EastNets has rolled out a new AI-based solution to help detect and combat payment fraud and money laundering.
The company took...
Insurance carriers! Need a unified digital front office solution? Take this ConVista-Digital Fineprint combo
ConVista’s OneDigitalOffice digital front office platform, moves up one notch higher in performance rating.
With its recent partnership with Digital Fineprint, a London, UK based...
Line and Mizuho teams up for a new mobile bank in Japan
Japanese chat app operator Line is joining hands with Mizuho Financial Group to launch digital banking services for its domestic user base of 78 million.
The partnership...
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...
