Biggest developments in FinTech in 2016
Legal firm Bird & Bird suggests FinTech, which has seen significant expansion, shows no signs of slowing down. Read more: www.wired.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
Adapt to faster payments with enterprise fraud prevention
ACI's recent survey cites that, after experiencing fraud, 40 percent of consumers use a replacement card less than they used the previous card. Read more: www.pymnts.com
Symend picks up $1m for debt collection software
Debt collection software-maker Symend has raised $1m from angel investors in a seed funding round. The names of the participating angel backers remain undisclosed. Read more: www.fintechroundup.com
UK’s Sage says may sell North American payments business
British software company Sage Group is evaluating potential strategic options for its North American payments business, including a sale. Read more: www.reuters.com
SumUp co-founders are back with bookkeeping AI startup Zeitgold
German startup Zeitgold wants to automate the bookkeeping process so that you can spend more time on your actual business. Read more: techcrunch.com
Nordea sets up Group Digital Unit
Nordea has established a new Group Digital Unit to oversee its wide-ranging tech transformation programme. Read more: www.finextra.com
POSB goes round-the-clock with video teller machines
Singapore's POSB has begun pilot trials of a new breed of ATMs capable of conducting biometric ID scanning, video teller services and dispensing lost cards and Internet banking tokens. Read more: www.finextra.com
Digital transformation for greater financial inclusion
Digital transformation for greater financial inclusion. Banco Popular Dominicano has led financial innovation since its founding 52 years ago in the Dominican Republic. Read More: www.worldfinance.com
Zenith Bank overhauls core banking tech
Nigeria-based Zenith Bank is standardising its core banking software group-wide. Read more: www.bankingtech.com