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
Video banking moves beyond talking teller heads
Royal Bank of Canada is betting on video as the next step in customer relationship management with its small-business customers. Read more: www.americanbanker.com
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
Indian online tax return platform ClearTax bags $12m SAIF-led Series A
SAIF Partners’ Ravi Adusumalli has led a $12m Series A financing round for Indian online tax filing platform ClearTax.
The Euro Banking Association launches open banking forum
The Board of the Euro Banking Association (EBA) has decided to initiate an open forum for banks, Read more: www.finextra.com
UK banks forced to embrace FinTech
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority.
Banks should look to FinTech startups for improved security
The IT resilience and security of banks and financial services is a more prevalent issue than ever suggests Phil Bindley, CTO of UK data storage and infrastructure firm The Bunker. Read more: www.fintechroundup.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
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.
The bank of the future will be invisible
By 2030, technology will have made banks and banking invisible to customers. Read more: www.finextra.com