Friday, August 14, 2020
BANKING & ENTERPRISE TECH

BANKING & ENTERPRISE TECH

Myanmar’s First Private Bank to modernise banking operations

First Private Bank (FPB) has chosen Misys FusionBanking to streamline operations and digitalise. Read more: www.finextra.com

Digital banking revolution hits Africa

After helping to lend $1bn to small businesses all over the world, Matt Flannery is bringing digital banking to Africa with Branch. Read more: www.siliconrepublic.com

HR and benefits platform Hibob scores $17.5m

UK HR management and employee benefits platform Hibob has raised $17.5m in its Series A funding round. Read more: www.fintechroundup.com

Token takes $15.7m to get banks ready for PDS2

Open banking compliance platform Token has secured a $15.7m investment from investors as the introduction of PDS2 nears. Read more: www.fintechroundup.com

88% of global banks sweat over losing revenue to FinTech

A new report from PwC has found that a large majority of financial services intend to team up with FinTech companies in the next three to five years. Read more: www.cryptocoinsnews.com

Danish startup Hufsy joins with solarisBank on SME banking

The Danish FinTech startup Hufsy is ready to offer fellow startups a banking service beyond what they are used to. Read more: www.finextra.com

Xero takes on a fresh $26.4m from Silicon Valley investor TCV

New Zealand Stock Exchange-listed accounting software-maker Xero has landed $26.4m from US late-stage investor Technology Crossover Ventures (TCV). Read more: www.fintechroundup.com

JP Morgan to triple size of New York tech hub

JPMorgan Chase & Co., the biggest US lender, is planning to more than triple the size of its technology hub in New York City. Read more: www.bloomberg.com

What does the future hold for banking?

The most commonly held expectation for the future was of increased automation in all industries. Read more: www.finextra.com

Wells Fargo tests Facebook chatbot

Wells Fargo & Company is testing a "chatbot" with the bank's customers on Facebook's messaging platform. Read more: www.reuters.com

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