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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
Young French showing the way forward in e-banking
Online banking is predicted to take over France by storm in the near future.
A country with nearly 34 million internet users, France is ripe...
Visa to hire more experts for its ‘crypto-team’
Card payments giant Visa is secretly building a 'crypto-team' as a part of gaining an early upper-hand in the crypto ecosystem.
The firm recently listed...
UK goes hammer and tongs against cyber security threats; new laws coming
The UK Government is finalizing a set of new regulations that will make cyber security reports mandatory for clearing houses to operate in the...
Sky Bank targets better Customer Service ratings; Finastra called-in for system revamp
Ukraine’s PJSC Sky Bank (Sky Bank) is singing to the good times these days.
The Kiev, Ukraine-headquartered bank is on a massive systems overhaul spree...
DBS taps WhatsApp and WeChat for Wealth Chat service
Southeast Asia’s biggest bank DBS announced the launch of DBS Wealth Chat which allows DBS’ wealth clients to interact, exchange ideas and transact with...
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...
