1103 articles tagged with this keyword
News/regulation
The UK should broaden its open banking model to accelerate the growth of fintech as part of a wider new financial services "Big Bang", according to a group of MPs.
30 August 2022
News/crypto
Revenue derived from cryptocurrency-related crime is down by 65% in the first half of 2022 compared to the corresponding period in 2021.
22 August 2022
Company update/payments
Did you know charge volume on virtual cards is expected to grow from $1.9 trillion to $6.8 trillion by 2026? But perhaps more surprising is that B2B spend will make up 71% of that volume.
18 August 2022
The Consumer Financial Protection Bureau has fined Hello Digit and ordered the automated savings app to pay damages to customers after finding that a faulty algorithm wrongfully took money from users' checking accounts leading to overdraft penalties.
11 August 2022
Company update/retail
Timberland Bank has partnered with Plinqit, the only savings platform of its kind that pays users for learning about personal finances, to give customers a simple, easy way to save and plan for future financial needs.
10 August 2022
News/retail
Australian neobank Up Bank, has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years.
01 August 2022
Contract work may be on the rise following the Covid pandemic, but freelancers are still having to wait three times longer to get paid than full time staff as firms struggle with both cashflow and payroll issues, research shows.
26 July 2022
Moneyhub, the market-leading Open Data and payments platform, is partnering with Pennyworth, a financial planning and banking app, to redesign digital banking for the aspiring-affluent consumer.
21 July 2022
Plum, the smart European personal finance app, is today announcing its launch in Belgium.
19 July 2022
News/inclusion
A Mexican startup has become the latest fintech to gain unicorn status.
18 July 2022
Plaid has announced that major crypto exchanges including Binance.US, Gemini, Robinhood, and SoFi, are now available on their network. Support for additional platforms, including Blockchain.com and BitGo is planned for later this year.
15 July 2022
Wealth Wizards has developed a consumer-led financial wellbeing application for Royal London to help more than 1.5 million new and existing workplace pension customers with their finances.
12 July 2022
News/payments
Australian buy now, pay later firm Zip, is closing Pocketbook, the money management app it bought for A$7.5 million in 2016, in order to focus on a core business facing up to a faltering economy.
UK digital bank Monument takes advantage of new opportunities emerging in digital banking by focusing on providing complex services backed by new technologies. Finextra spoke to CEO Ian Rand to explore the new services the bank is developing, the future of financial services, and catering to the mass affluent.
01 July 2022
Company update/Personal finance
Cleo has announced its $80 million Series C funding round as it seeks to double-down on the US market and help Gen Z audiences improve their financial health and wellbeing.
29 June 2022
Gatehouse Bank has today launched a mobile app, available on iOS and Android, to support customers in managing their personal savings accounts.
American personal finance outfit NerdWallet has agreed to pay $120 million to buy On the Barrelhead, a platform that provides consumers and SMBs with credit-driven product recommendations.
27 June 2022
Company update/startups
Beanstalk, the family app that invests for your kids, has exceeded its crowdfunding target with new investments taking the company into overfunding ahead of the funding round closing on 29 June 2022.
24 June 2022
Forrester Research has released a report analysing 13 different mobile banking apps across EMEA on user experience and functionality, concluding that Intesa Sanpaolo and BBVA lead in both accessibility and efficiency.
British AI-based personal finance chatbot Cleo has hit a $500 million valuation thanks to a an $80 million funding round, according to Sky News.
21 June 2022
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