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

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

Company update/Personal finance

Swedish neobank Personal Finance Co. taps Wirecard for debit card programme

Wirecard, the global innovation leader in digital financial technology, together with the Swedish FinTech P.F.C. - Personal Finance Co., formerly Betalo, have introduced a new digital banking proposition aimed at hundreds of thousands of Swedish consumers.

24 January 2019

News/Personal finance

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

11 January 2019

News/Personal finance

Open Banking year one: Insights from the CMA9 and more

A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?

11 January 2019

News/Personal finance

Apps more popular than online banking in UK

A survey has revealed that smartphone apps have surpassed online banking as the channel of choice for UK consumers.

09 January 2019

News/Personal finance

Investment Association opens second fintech cohort

The trade body for the UK's fund management industry, the Investment Association (IA), has extended its fintech accelerator initiative with the launch of a second cohort.

09 January 2019

News/retail

Brits more likely to get divorced than dump their bank – Tandem

With the 8th of January marking Divorce Day – the UK’s most popular day to start divorce proceedings - Tandem Bank product director Matt Ford revealed that despite the act of changing banking provider becoming simpler, consumers are still misinformed and discouraged.

08 January 2019

News/Personal finance

GDPR will stagger rate of consumers sharing data with banks over ten years - Tandem Bank

In an interview with Finextra, Tandem Bank’s chief operating officer Nick Bennett revealed that the more data protection is regulated, the slower attitudes towards privacy will change.

07 December 2018

News/Personal finance

Icici adds investment tool to revamped mobile app

India's Icici has overhauled it mobile banking app, introducing a host of features, including a robotics-based investment advice tool and voice-command fund transfers.

07 December 2018

News/Personal finance

Orange to leverage synergy between telco and financial services to compete with banks

After news that Orange had joined forces with MTN, one of Africa’s largest telcos, to form an interoperable mobile money transfer service dubbed Mowali, the new bank revealed the economics behind diversifying their mobile financial services at an event on Friday.

30 November 2018

Company update/retail

Ratehub buys MoneySense

Today, Ratehub Inc., which connects Canadians to the best financial products in the market, announced it has acquired MoneySense, one of Canada's leading personal finance media brands, from Rogers Media.

29 November 2018