U.S. bank trade group, Accenture and others back fintech startup Finxact

Accenture Plc, SunTrust Banks Inc and the American Bankers Association, a trade group for U.S. banks, said on Friday that they had joined a $30 million investment round in Finxact, a startup that develops the back-end technology used by banks to process some transactions.

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Source:: Reuters – Business News