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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
Hellenic Bank sets up own API app store; makes €78 million in showcase opportunity...
For developers who wish to showcase their products built using Hellenic Bank’s proprietary APIs, the bank has now come up with an app store...
Bitcoins for lattes: Starbuck, Microsoft and ICE partners for a new payments platform
Starbucks, Microsoft, and Intercontinental Exchange are partnering up to launch a new cryptocurrency platform that enables consumers and institutions to buy, sell, store, and...
First Direct enables payments through messaging apps
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...
Europe’s SME lending gets a power thrust as new Blockchain Consortium takes-off
A group of Paris-based financial technology players, including BNP Paribas and Societe Generale have come together to launch a new DLT venture, Liquidshare, with...
Thai stock exchange to launch crypto trading platform
The Stock Exchange of Thailand (SET) is in talks to develop a digital asset trading platform, following the direction of a few major European...
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...