FinTech firm plaid waises $44m
Plaid Technologies Inc.has raised $44 million in a new round led by a fund at Goldman Sachs Group Inc. Read more: www.wsj.com
HR Path grabs €30m to take software global
French human resources management service HR Path has raised €30m in a new round of funding. Read more: www.fintechroundup.com
Five Degrees rakes in €10m for core digital banking tech
Digital banking technology provider Five Degree has raised €10m in a new round of funding led by Karmijn Kapitaal. 5Square and Velocity Capital also participated. Read more: www.fintechroundup.com
UnionBank launches New Eon, the first “selfie” banking
UnionBank has launched New EON, a new digital banking platform. Read more: www.bankingtech.com
West Partners banking on D3 success after $10m investment
San Diego-based investment firm West Partners has backed digital banking platform D3 Banking with a $10m investment.
Rather than copy startups, banks need their own innovation model
A startup throws mud at the wall to find out what sticks, with a 0.002% success rate or less. A corporation makes more planned, but slower, moves. Read more: www.americanbanker.com
Italian digital bank Widiba expands virtual assistant tech
Artificial Solutions, the natural language interaction (NLI) specialist that enables users to have a meaningful, humanlike interaction with technology. Read more: www.finextra.com
BOCHK looks to enhance its FinTech services
Bank of China (Hong Kong), which has the largest branch network in the city, has no plans to scale down its traditional network, even as online banking has cut the need for physical visits. Read more: www.scmp.com
Infosys revamps Council of Europe HR system
The Oracle's PeopleSoft-based integrated HR and payroll system will streamline business processes and boost productivity. Read more: www.prnewswire.com
UK investors turn to alt-finance in low interest rate world
A report published by IW Capital, that researched 2000 UK consumers and citizens, stated that 30% of respondents are looking towards EIS investments. Read more: www.finextra.com