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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

Mirabito Conducted First Outdoor EMV Transaction

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NCR Corporation, a global leader in omni-channel solutions, has conducted its first EMV payment transaction on the NCR OPTIC Outdoor Payment Solution at New...

Citi invests in fixed income e-trading startup TransFicc

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Citi made a strategic investment in UK-based electronic trading technology startup TransFicc for fixed income and derivatives markets. With the deal, Citi joins the existing...

Orum Launches FedNow-based Instant Account Verification Solution

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Orum, a provider of payments APIs, has developed a product called Verify that leverages the new FedNow rail to instantly verify the validity of...

NatWest launches account aggregation app

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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...

Ripple’s xRapid promises big savings in Payments workflow

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xRapid, Ripple’s recently launched on-demand liquidity solution, is responding with consistently good results during trials, it is reliably learnt. Utilizing the power of digital asset...

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