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
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
nCino makes it easier for small businesses to access funding
nCino, the cloud banking company, announced Tuesday (April 25) it has broadened the scope of its Bank Operating System. Read more: www.pymnts.com
Spend management software Ivalue nabs $70m for KKR
Spend management software company Ivalua has secured $70m in a growth equity investment from KKR. Read more: www.fintechroundup.com
Banking to become open and a utility says FinTech chief
"Banking is the last vertically integrated sector left, but it is the next utility to face change," said Michael Laven, CEO of the financial technology firm Currency Cloud. Read more: www.cnbc.com
PSD2: the implications for banks and online businesses
Chairman and CEO of JP Morgan, wrote to shareholders : "Silicon Valley is coming". Read more: magazine.fintechweekly.com
Partnerships key to Banks’ Survival
Banks and financial institutions are experiencing major losses in revenue due to the emergence of FinTech companies and service providers. Read more: cointelegraph.com
Does your bank need an innovation lab?
Traditional banking providers in the US are falling behind in the innovation arms race that will define the industry for the next 20 years. Read more: thefinancialbrand.com
SVB Financial profits jump 28% on loan growth, investment gains
The tech-focused banking company reported loan growth of 15% in a strong first quarter. Read more: www.americanbanker.com