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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
DNB partners with Collibra for data-powered customer service
Norway-based DNB Bank is teaming with Collibra, an enterprise data governance and data cataloging software specialist, for data-powered customer service.
With the partnership, DNB aims a broader...
Swedish online bank Nordnet fires its AI assistant, Amelia
Digital bank Nordnet has terminated its virtual staffer Amelia, after an underwhelming employee performance review.
It was in last summer that Nordet made a deal...
UBS shuts down SmartWealth; sells tech to SigFig
Swiss private banking and wealth management giant UBS is shutting down its online investment advice service SmartWealth and plans to sell the tech to...
Sberbank, 500 Startups partners to launch Russian IT accelerator program
Sberbank and international accelerator 500 Startups are launching a joint development programme for Russian IT start-ups working in areas of fintech and e-commerce.
After a...
Cloud takes B2B places; it’s time to enjoy new E-commerce consumerization
Digitization has conquered the B2B space and is fast developing it into a great cyber dominated landscape for years now.
While corporations are trying to...
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...
