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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

Sibos 2018: Superpowers for banks to solve financial crimes

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Day two Sibos session on financial crime compliance focused on the myth that technologies will replace people when it comes to solving money laundering...

Sibos 2018: EastNets launches AI- based tools to combat fraud and money laundering

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Compliance and payments solutions provider EastNets has rolled out a new AI-based solution to help detect and combat payment fraud and money laundering. The company took...

Barclays app let customers view accounts from other providers

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Barclays enters the UK's open banking by allowing customers to see their current accounts from other providers on its mobile banking app. The free feature...

TD Ameritrade partners with Tencent’s WeChat in America

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Successfully launching its first WeChat experience in Hong Kong, U.S. brokerage firm TD Ameritrade is partnering with Tencent agian to bring investor education, financial market...

Sibos 2018: The DLT to cement robust financial markets

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A central theme during the day one Sibos session was the future for distributed ledger technologies (DLT) in helping emerging financial markets infrastructure establish...

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