Friday, September 18, 2020
BANKING & ENTERPRISE TECH

BANKING & ENTERPRISE TECH

Ethereum Alliance to bridge public & private blockchains

Buterin presented what it calls “enterprise collaboration [driving] Ethereum blockchain technology focusing on security, privacy, and interoperability.” Read more: www.bitcoinist.com

FinTech investor tryb pumps $4m into smart contracts firm Chinsay

Sweden-based smart contracts company Chinsay has picked up $4m from Singapore-based FinTech investor tryb Capital. Read more: www.fintechroundup.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

Irish FinTech Touchtech leads path to online authentication

Irish FinTech start-up Touchtech is to hire 40 staff over the next 3 years after securing its first major contract with Optimus Cards Group. Read more: www.siliconrepublic.com

BofA promises $1.5m for Charlotte FinTech

Bank of America is pumping $1.5m into a FinTech initiative in the firm's hometown of Charlotte, North Carolina. Read more: www.finextra.com

SumUp co-founders are back with bookkeeping AI startup Zeitgold

German startup Zeitgold wants to automate the bookkeeping process so that you can spend more time on your actual business. Read more: techcrunch.com

Smacc seals €3.5m Series A round from VC firms

A string of venture capital firms have invested €3.5m in German accounting software startup Smacc.

Financial firms plough money into IT

Over half (54%) of traditional financial services firms are planning to splash cash on their IT systems. Read more: www.cityam.com

FinTech holds the key to Myanmar’s future

Myanmar’s banking system ss “outdated and debased, open for decades to abuse by the previous regime, and shunned by about 90 percent of the population.” Read more: www.fintechranking.com

Bank of America partners with digital payments firm

Bank of America has entered into a strategic partnership with digital payments firm ModoPayments that gives the bank access to Modo's digital payments hub. Read more: www.siliconrepublic.com

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