Century-old bank plans digital revamp to fight FinTech
Siam Commercial Bank Pcl, Thailand's oldest homegrown lender, plans to reinvent its mobile digital payment platform. Read more: www.bloomberg.com
Nordea prepares for robot future with virtual employees
The robots are coming, so says Nordea, which has already 'hired' a host of 'virtual employees' to take on repetitive tasks. Read more: www.finextra.com
Khushhali Bank revamp with Temenos and NDC
Khushhali Microfinance Bank is to overhaul its technology with Temenos’ T24 core banking system and Temenos Connect. Read more: www.bankingtech.com
Raiffeisen Bank Romania in digital tech revamp with Backbase
Raiffeisen Bank Romania is modernising its channels delivery with Backbase. Read more: www.bankingtech.com
Warburg Pincus takes stake in core software firm Avaloq
Private equity firm Warburg Pincus is acquiring a 35% stake in Swiss financial software firm Avaloq. Read more: www.fintechroundup.com
How tech is shaking up the world of banking
Challenger banks, robo advisors and the internet of things - technology is shaking things up in the traditional banking arena. Read more: techcitynews.com
UnionBank launches New Eon, the first “selfie” banking
UnionBank has launched New EON, a new digital banking platform. Read more: www.bankingtech.com
Full-stack FinTech provider Jirnexu closes Series A with $4.5m
Kuala Lumpur-based FinTech provider Jirnexu has closed its Series A round with $4.5m in the bank. Singapore-based DMP VC led the round. Read more: www.fintechroundup.com
Synechron launches “Neo” – AI for the financial services
Synechron Inc. announced the launch of Neo, a set of AI-based solutions for the financial services industry. Read more: www.businesswire.com
Is Alexa the most dreaded voice in banking?
Banks as plumbers in an era of financial re-intermediation, and the influence of natural language re-intermediaries such as Alexa. Read more: banknxt.com