Top fintech stories this week – 26 January 2018
SAP to invest €2bn in French tech
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
SAP invests €2bn for French fintech innovation ASAP
Areas of interest include cloud, machine learning, blockchain, the internet of things and Software-as-a-Service.
HSBC can’t dodge DoJ’s $63m fine for major FX up
The bank is also taking “additional steps to enhance its global markets compliance programme and internal controls”.
New UK mobile bank Countingup brings heart to sole traders
Targeting 4.5 million sole traders, freelancers and contractors.
Challenger BankiFi launches with open banking battle cry
Aims to equip financial services providers with a “consent centric platform”.
JP Morgan Chase invests $20bn for new branches and jobs
The plan includes 400 new branches, 4,000 jobs and an increase in staff wages.
