The bank expects to leverage its new relationship with Fiserv to increase efficiencies while enhancing the selection of innovative products and services available to its customers. GBC International Bank cited the strong reputation of Fiserv and its capacity to help meet the bank’s profitability and growth objectives as key to its selection.
Richard Holmes, chief financial officer, GBC International Bank said: “We are looking to Fiserv and the technological expertise they bring to the table to assist us in streamlining our technology infrastructure and finding new and more efficient ways to conduct our daily operations.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.