Mobile banking app payments rise by a staggering 54%
The new figures revealed by the British Bankers Association showed that mobile banking apps are being used around 7,610 times a minute. Read more: www.dailymail.co.uk
70,000 ATMs will allow cash withdrawal via smartphone
More Americans will soon be able to use their smartphones to withdraw cash from ATMs without the use of a card. The cardless cash revolution has arrived. Read more: smallbiztrends.com
FinTech startup N26 is awarded full German banking licence
N26, a Berlin startup that offers financial services directly to consumers, said Thursday it's received a German banking license that will let it offer a fuller range of products across Europe.Read more: www.bloomberg.com
Accounting software startup ZipBooks raises $2m
US venture fund Peak Ventures has led a $2m seed round in accounting software startup ZipBooks.
The round featured participation from Pelion Venture Partners, Liquid...
Silicon Valley billionaire is doubling on a FinTech startup
Thiel increased his stake in Deposit Solutions as part of the Hamburg-companies 15 million funding round. Read more: uk.businessinsider.com
Santander doubles the size of London FinTech venture fund
Banking major Santander has doubled the size of its fintech venture capital fund Santander InnoVentures with a $100m injection of fresh capital.
Prime Venture backs payroll management business NiYo
Prime Venture Partners has invested $1m in fintech startup NiYo Solutions, boasting a novel product which could trigger an instant pay rise for 10...
Fujitsu partners Cloud Lending Solutions for FinTech
The cloud-based platform digitises origination, underwriting, servicing, and collections, creating a single system of record for lending and leasing operations. Read more: www.enterpriseinnovation.net
Internet giant Baidu buys US FinTech company ZestFinance
Chinese Internet giant Baidu has invested in LA-based fintech company ZestFinance which uses AI tech to derive credit scores from large amounts of data.
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Engineers spent 2 years trying to solve banking problem
Thought Machine, let by Google's former text-to-speech head Paul Taylor, is publicly unveiling VaultOS for the first time. Read more: uk.businessinsider.com