Personal finance

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/Personal finance

Pocket money goes digital with pre-paid card for eight-year olds

A British start-up is encouraging parents to ditch cash and take pocket money into the digital age, offering pre-paid cards to children as young as eight which can be used online, in-store and at ATMs.

/Personal finance

UBank gathers transaction data for spending comparison site

NAB unit UBank has launched a site that pulls together anonymous transaction data to identify trends and allow visitors to compare their spending with that of their fellow Aussies.

/Personal finance

The Netherlands gets new direct bank

A new online and mobile-centric bank, called Knab, has launched in the Netherlands, promising to use social media tools and technology to offer a more transparent and personalised service.

/Personal finance

Movenbank brings in tech partners

Handset-centric start-up Movenbank has struck deals with three vendors for the provision of payment, mobile and personal finance management technology.

/Personal finance

Intuit opens up financial data service APIs to third party developers

Intuit is opening up the APIs to its financial data service - which powers Quicken, QuickBooks, Mint and FinanceWorks - to third party developers, inviting them to build their own services.

/Personal finance

Virtual branches and Facebook payments: Poland gets new digital bank

Poland's first digital bank has launched, complete with virtual branch, mobile, app, Facebook payments, personal finance management tools and an "entertainment area".

/Personal finance

Wells Fargo launches college planning community site

US bank Wells Fargo has opened an online community where students and parents planning for college can get money tips.

/Personal finance

Ex-Morgan Stanley chief Mack joins Lending Club board

Peer-to-peer loan specialist Lending Club has added former Morgan Stanley chairman and CEO John Mack to its board of directors.

/Personal finance

Citi launches Kindle Fire app

US giant Citi has unveiled what it claims is the first banking app designed specifically for Amazon's Kindle Fire tablet.

/Personal finance

South African banks warn customers off new PFM site

South African banks are warning customers not to hand over their login details to a new money management site called 22seven, citing security concerns.

/Personal finance

PFM site HelloWallet raises $12m

Personal finance management (PFM) outfit HelloWallet has raised $12 million in a series b funding round led by Morningstar and TD Fund.

/Personal finance

VocaLink inks Immediate Payments deals with Clear2Pay and Fundtech; SunGard goes mobile

New mobile-oriented products from SunGard and VocaLink have been released as the industry's biggest vendors respond to pressure on banks to deliver tactical innovations for customers that can be applied to back-end legacy processes and infrastructures.

/Personal finance

MoneyVista financial planning suite launches

Royal London Group has launched MoneyVista, a Web site offering Brits personalised financial planning services and tools.

/Personal finance

Mint launches iPad app; sets new benchmark for PFM

Intuit-owned personal finance management (PFM) outfit Mint has launched an iPad app it claims takes advantage of the tablet's large multi-touch screen to offer users a more interactive experience.

/Personal finance

Citi's digital banking aspirations take shape with new online banking site

Citibank has re-launched its online banking site in a move designed to meet CEO Vikram' Pandit's vision to become "the world's digital bank".

/Personal finance

Ex-PayPal CEO Harris secures $25m funding for financial adviser site

Personal Capital, a financial advisor site led by former PayPal and Intuit CEO Bill Harris, has come out of stealth mode after securing $25 million in funding.

/Personal finance

Backbase launches banking app store

Web 2.0 specialist Backbase has teamed with Strands Personal Finance and Thomson Reuters to launch an app store providing tools banks can add to their Web sites.

/Personal finance

American banks need mobile to attract Gen Y - Javelin

Nearly a third of America's 'generation y' have used mobile banking over the last three months and many are prepared to switch providers to get it, according to Javelin Strategy & Research.

/Personal finance

Banco Sabadell moves into personal financial management

Spain's Banco Sabadell is the latest bank to begin offering customers personal financial management capabilities as part of its online banking operation.

/Personal finance

CBA pins future on PFM as core banking modernisation benefits kick in

Commonwealth Bank of Australia believes its $1.1 billion core banking modernisation programme will give it the edge over rivals, allowing faster time to market for new products and the ability to provide customers with real-time analytics to monitor household spending via sophisticated personal financial management tools.