Personal finance

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/Personal finance

Moneythor opens Tokyo office

Moneythor, an award-winning provider of data-driven digital experiences for banks and fintech firms today announced, that it has opened its newest office in Tokyo, Japan.

/Personal finance

MoneyThor to join Mastercard Start Path programme

Award-winning digital banking software provider Moneythor has been selected as one of 10 later-stage FinTech startups to be accepted onto the renowned Mastercard Start Path program, part of Mastercard Labs.

/Personal finance

incuto named as tech partner for UK Treasury savings scheme

Fintech incuto, the next-generation banking platform for credit unions and community-based banks and lenders, has been selected by HM Treasury as the sole technology partner for the two-year pilot of its prize-linked savings scheme for credit unions.

/startups

Nordea invests EUR5m in neobank P.F.C

Nordic banking giant Nordea has invested EUR5 million in P.F.C (Personal Finance Co.), a recently launched Swedish neobank.

/Personal finance

ABN Amro turns to Sopra for its mobile banking app

Sopra Banking Software, global leader in digital banking and financing software, supports banks and other financial institutions with their digital transformation.

/Personal finance

Santander pips Metro Bank for best savings account

Santander has the most intuitive savings account and ranks fastest for account opening time when compared with nine other leading UK banks, according to Worship’s inaugural Savings Account Audit.

/devops

Finastra calls developers for community bank-focused appathon

Finastra is running its first public appathon, inviting fintech firms and developers to build applications that help North American community banks and credit unions.

/Personal finance

Mogo Finance Technology and Difference Capital merge

Mogo Finance Technology Inc. (TSX:MOGO) (NASDAQ: MOGO) ("Mogo") and Difference Capital Financial Inc. (now “Mogo Inc.”) (TSX: DCF) ("Difference" or, following the Arrangement (as defined below), the “Combined Entity”) are pleased to announce the completion of Mogo’s previously announced arrangement (the “Arrangement”) under the Business Corporations Act(British Columbia) (“BCBCA”), pursuant to which Mogo combined its business with the business of Difference.

/payments

EBAday 2019: Is cashless across Europe attainable?

The message is clear at EBAday 2019: Sweden does not accept cash. While the ABBA Museum may prefer card or mobile payments, Frantz Teissedre, head of interbank relationships at Société Générale, believes that a purely cashless society across Europe may be ambitious.

/Personal finance

Tally raises $50m in Series C funding

Tally, a leading financial automation company, today announced it has received $50 million in Series C funding led by Andreessen Horowitz (“a16z”), bringing its total amount raised to $92 million

/Personal finance

Token secures $16.5m funding for open banking

Token, the turnkey open banking platform, today announced a $16.5m strategic investment from a pool of investors, including Opera Tech Ventures, the venture arm of BNP Paribas - one of the world’s largest banks and two other visionary banks headquartered in the Middle East and Southeast Asia.

/Personal finance

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

/ai

Tinkoff introduces Oleg the voice assistant

Russia's Tinkoff has unveiled Oleg, a "polite but also firm" voice assistant who can help customers with everything from transferring money to making restaurant reservations.

/Personal finance

British money management app Emma launches in North America

Emma, the best financial friend, has launched its money management app in the United States and Canada.

/startups

Stripe leads $22.5m funding round for teen banking startup Step

Stripe has led a $22.5 million Series A funding round for Step, a teenager-focused US mobile banking startup that has built up a half million-strong waitlist in a matter of months.

/Personal finance

Monese adds 'Pots' money management feature

Monese, the banking service that gives people the financial freedom to thrive anywhere, today adds Monese Pots, in Pounds and Euros, to its ever-growing range of money management features.

/Personal finance

Money 20/20 Europe 2019 Q&A: ING’s Benoît Legrand

Benoît Legrand, chief innovation officer at ING, graced the stage at Money 20/20 Europe in Amsterdam to discuss how the Dutch bank has developed and deployed its own innovation methodology. Ahead of the session, Finextra spoke to Legrand about post-Brexit Amsterdam, where ideas for innovation comes from and what platforms actually are.

/Personal finance

Money 20/20 Europe 2019: Is Open Banking a complete fiasco?

On the Industry Transmutation stage at Money 20/20 Europe 2019 in Amsterdam, Dave Birch, global ambassador at Consult Hyperion opens an afternoon of sessions on Open Banking and the potential it has to reshape the way the financial services industry works.

/Personal finance

Money Dashboard integrates with Revolut and Marcus; hires CFO

Money management app Money Dashboard has released integrations with three new account providers - Revolut, Chip and Marcus by Goldman Sachs.

/startups

French teen banking startup Pixpay raises EUR3.1m

Pixpay, a French digital banking startup aimed at teenagers, has raised EUR3.1 million in a funding round led by Global Founders Capital.