Personal finance

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/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.

/ai

Meridian chooses MX Pulse to deliver AI-driven insights in online and mobile banking

MX, the leading provider of financial data services, announced that Meridian is the first financial institution in Canada to choose MX for its new, self-guided financial wellness tool Pulse.

/inclusion

Tandem partners Brightside on financial education programme

Today, Tandem Bank announce that they are partnering with Brightside, a social mobility charity that creates mentoring connections to help young people from disadvantaged backgrounds, to create a dedicated programme, Money Hacks.

/Personal finance

Visa and Swedbank invest in subscription management platform Minna

Swedish subscription management platform Minna Technologies has raised EUR5.6 million in a Series A funding round led by Zenith Group and joined by blue chips Visa and Swedbank.

/inclusion

JPMorgan Chase pledges $125m to fintech-focused financial health initiatives

JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.

/Personal finance

Nationwide to invest in behavioural analytics startup

Nationwide Building Society is today announcing that it will invest in Scaled Insights, a company that uses behavioural AI to analyse people’s speech in order to communicate with them in language that is most accessible for them.

/Personal finance

NatWest integrates Tink PFM tech into app

British bank NatWest is integrating personal finance management and data enrichment technology from Sweden's Open Banking outfit Tink into its mobile app.

/Personal finance

RBS introduces online investment service

The Royal Bank of Scotland has launched an online investment service that lets customers put in as little as £50.

/devops

Tully taps Open Banking to help Brits tackle their debt

UK startup Tully has launched, promising to help debt-laden Brits by using Open Banking technology to provide a clear picture of their finances along with a personalised, flexible repayment plan.

/Personal finance

Money management app Bankin scores EUR20 million Series B

Paris-based Bankin, which offers a money management app combined with human-centric financial advice, has raised a €20 million Series B round from an undisclosed investor.

/Personal finance

Klarna opens Mindful Money financial information site

Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna.

/ai

MX unveils AI-driven financial wellness tool

MX, the leading provider of financial data services, today announced MoneyMap with Pulse – a completely self-guided financial wellness tool that banks and credit unions can use to empower their customers to become financially strong.

/Personal finance

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.

/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.

/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.

/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

/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.