Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

CommBank taps behavioural science to help customers reach saving goals

Commonwealth Bank of Australia is turning to the discipline of behavioural economics for a new in-app tool that help customers save towards specific goals.

15 April 2019

News/Personal finance

CMA9 banks respond to Open Banking mobile app delays

In light of the UK’s Competition and Markets Authority scolding five of the CMA9 – Bank of Ireland, Danske Bank, HSBC, Lloyds Banking Group and Santander – for being in breach of Open Banking delivery on mobile apps, Finextra questions the banks on why deadlines were missed.

12 April 2019

News/Personal finance

ING Ventures leads EUR19m funding round for Spanish PFM app Fintonic

ING Ventures has led a EUR19 million funding round for Fintonic, valuing the Spanish personal financial management app at EUR160 million.

12 April 2019

News/Personal finance

Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 2

Rolling updates from the Temenos Community Forum in The Hague. It's a full house in the World Forum after a splendid gala dinner last evening. News and insights shared here on a continual basis throughout the day

04 April 2019

News/Personal finance

South Africa's TymeBank picks Finn AI for digital financial fitness coach

South African digital lender TymeBank has enlisted the help of artificial intelligence-powered conversational banking technology provider Finn AI to build a financial fitness coach called Max.

02 April 2019

News/Personal finance

NatWest trials money management app

UK bank NatWest is trialling a standalone personal finance app that uses AI, data analytics and Open Banking APIs to help customers better manage their money.

01 April 2019

News/Personal finance

Apple unveils credit card

Apple is launching its own credit card that will be tightly integrated into its mobile wallet and promises to help customers lead a "healthier financial life".

25 March 2019

News/inclusion

Money 20/20 Asia round-up: Accelerating financial services for the underbanked

On its return to Asia for the second year running, Money20/20 put on a world-class event in Singapore and welcomed senior leaders in financial services, fintech and payments to connect over major developments in digital money.

25 March 2019

News/retail

Money 20/20 Asia Q&A: Barclays’ John Stecher on fintech/banking co-opetition

John Stecher, chief innovation officer at Barclays, joined industry leaders at Money 20/20 Asia in Singapore to discuss the relationship traditional banks have with fintech challengers and technology companies. Ahead of the panel session, Finextra spoke to Stecher about how the ongoing evolution from competition to co-opetition between fintech startups and incumbents, as new players realise that because of a range of different factors, it is difficult to replace incumbent banks.

25 March 2019

Company update/retail

Envestnet agrees PIEtech acquisition

Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today announced it will acquire PIEtech, Inc., the creator of the MoneyGuide family of financial planning applications.

22 March 2019

Company update/Personal finance

Cashwerkz reaches $2bn funds milestone

Cashwerkz, the leading online platform in Australia uniquely designed for cash investing and wholly-owned by Trustees Australia Limited (ASX: TAU), has announced new ADI partners including Auswide Bank, Bank of us and new financial adviser partner, MartinCo Financial Advisers.

22 March 2019

News/Personal finance

Money 20/20 Asia: Confronting the open banking monster

Money 20/20 Asia day two kicked off with a discussion on open banking and how regulatory mandates and open API guidelines are driving this initiative in this region. With Asia learning lessons from early adopters in Europe, panel sessions highlighted what the challenges are for banks and regulators.

20 March 2019

News/retail

The challenger bank playbook: A deep dive

Finextra reports on the rise of the challenger bank economy in Asia, as Money20/20 prepares to open its doors to a new wave of disruptors and innovators in Singapore next week.

13 March 2019

News/ai

BNP Paribas Luxembourg brings a touch of Genius to mobile banking app

BNP Paribas in Luxembourg is to roll out an AI-based assistant programmed to provide customers with tips on smart banking behaviour.

12 March 2019

Company update/Personal finance

Yolt begins beta tests for payment initiation service

Taking the next step in the Open Banking journey, Yolt moves into testing Payment Initiation Services (PIS) with their UK community and the launch of ‘Yolt Pay Beta’.

04 March 2019

News/Personal finance

BNP paribas Fortis rolls out multi-bank account aggregation app

BNP Paribas Fortis has added real-time account aggregation from multiple providers to its Easy Banking app, giving customers a single overview of their various bank accounts on one screen.

22 February 2019

Company update/Personal finance

Strands moves PFM focus from product to person

Strands launches a new generation of Engager, an implementation that transforms every interaction into a guided and meaningful conversation, transforming complex data into relevant customer insights and added-value solutions in real time.

19 February 2019

Company update/Personal finance

Abu Dhabi Commercial Bank releases PFM app built with Strands

ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology.

12 February 2019

Company update/regulation

Fintify gets FCA approval

London based Fintify, a data insights driven money management app, has secured an approval from the Financial Conduct Authority (FCA) to operate as a Registered Account Information Service Provider (RAISP) this week.

29 January 2019

News/Personal finance

Acorns raises $105m; strikes content creation deal with CNBC

Savings and investing app Acorns has raised $105 million in a Series E funding round joined by NBCUniversal that will also see the entertainment giant's business news TV channel CNBC create financial literacy content for the startup.

28 January 2019