Bank of the West and BNP Paribas will act as corporate partners for accelerator Plug and Play's Financial Technology Innovation Platform.

Financial services firms Bank of the West and BNP Paribas have joined US-based accelerator and venture capital fund Plug and Play Tech Center as corporate partners.

The banks will also become part of Plug and Play’s Financial Technology Innovation Platform and will look to leverage the alliance by scouting and engaging with fintech startups taking part in the scheme, monitoring new technology and taking part in learning expeditions.

Dan Rosenbaum, senior vice-president of corporate development for Bank of the West…