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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

Hellenic Bank sets up own API app store; makes €78 million in showcase opportunity...

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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

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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

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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

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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

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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

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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