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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
Belgian KBC Bank launches blockchain-based Kate Coin
Belgium-based KBC group becomes the first financial institution in Europe to launch its own digital coin. Dubbed Kate Coin, the e-money token comes a...
Nomura’s state-of-the-art software to revamp Australian stockbroker, OpenMarkets, to global high profile
Australia’s top stockbroker, OpenMarkets sure is going places.
As the first one in the country to revamp back-office software systems to global standards, the online...
Westpac launches ‘designer’ payment wearables
Westpac is launching a designer range of payment-enabled wearables dubbed ‘Centsitive Objects’, which designed by Sydney-based entrepreneur Hayden Cox.
The hands-free and battery-free payment accessories are priced between $20-$30...
Swift to launch gpi gateway with blockchain start-up R3
Financial messaging service Swift is partnering with blockchain start-up R3 to launch a proof-of-concept trial to integrate its gpi network into the Corda platform.
Dubbed...
İşbank launches API portal
The largest bank in Turkey İşbank has opened its API portal which enables third-party developers and fintechs to develop their own product and services.
Providing...
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...