Latest Personal finance News: Finextra Research

ANZ survey shows growth of online money management

Australians are relying more on digital platforms to manage their money. ANZ’s latest Adult Financial Literacy Survey found that nearly three quarters of people now bank online, up from 63% during the last 2011 survey.

13 May 2015

News/Personal finance

NerdWallet raises $64m

Personal finance outfit NerdWallet has become the latest fintech startup to score a major cash injection, raising $64 million in a Series A funding round led by Institutional Venture Partners.

12 May 2015

News/Personal finance

USAA leads $30 million investment in PFM outfit MX

Personal financial management startup MX - formerly MoneyDesktop - has raised $30 million in Series A financing, led by USAA via a subsidiary, with participation from Japanese incubator Digital Garage.

30 April 2015

Company update/Personal finance

Wallaby Financial launches Apple Watch app

Wallaby Financial, the leader in mobile and web-based credit card optimization solutions, today announced the launch of Wallaby for Apple Watch.

21 April 2015

Company update/Personal finance

Mitek unveils DoubleNet Pay financial wellness app

Mitek (MITK), the leading innovator of mobile imaging for financial transactions and identification, today announced the latest app launch from its developer program, DoubleNet Pay.

15 April 2015

Company update/Personal finance

MasterCard unveils personal finance platform for millennials

By 2017, millennials’ spending power is expected to surpass that of baby boomers, yet a majority of these young consumers lack core financial literacy skills and access to tools and information to help them succeed.

09 April 2015

Company update/Personal finance

Backbase adds Payveris to Open Banking Marketplace

Backbase, the omni-channel digital banking vendor and Payveris, a provider of next generation digital payment solutions, today announced a new partnership to enhance Backbase's Money Movement capabilities.

07 April 2015

Company update/Personal finance

Defaqto swaps private equity owner

Defaqto Group, a benchmarking company that provides a number of ratings and data analysis services to financial institutions, has swapped its private equity owners after Foresight Group sold its share in the firm to the management, backed by a majority investment of £24.25m from UK PE firm Synova Capital.

01 April 2015

Company update/Personal finance

Ovo launches payment tool for UK pre-pay energy customers

Ovo Energy has launched the Smart PayG+ payment and control tool for Britain’s 11m pay as you go (pre-pay) energy customers.

31 March 2015

News/Personal finance

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

31 March 2015

News/Personal finance

RateSetter gets £20m investment

Peer-to-peer lender RateSetter has secured a £20 million investment from veteran banker Ken Costa, along with Woodford Investment Management and Artemis.

30 March 2015

News/Personal finance

Tangerine banking comes to the Apple Watch

Canadian direct bank Tangerine is set to be one of the first developers out of he blocks with an Apple Watch app, enabling customers to access their account information from their wrists.

30 March 2015

News/Personal finance

UK govt pushes ahead with plan for open banking API standard

The UK government has promised to work with banks and fintech firms to have a detailed framework set out for an open API standard by the end of the year, in a move it claims will empower consumers and boost competition.

18 March 2015

News/Personal finance

Citi, Fidelity and Mint develop first FS apps for Apple Watch

Citi, Fidelity and Mint are the first financial services-related developers out of the blocks with apps designed for the new Apple Watch, which goes on sale next month.

09 March 2015

News/Personal finance

Lloyds and AmEx back fintech startup competition

Some of the biggest names in financial services are throwing their weight behind a UK competition giving fintech startups the chance to win a share of a £175,000 cash prize pot.

04 March 2015

News/Personal finance

Finovate Europe 2015 - Day 1 roundup

Crowdfunding, bitcoin, identity and security, and, of course, personal finance management dominated the first day of Finovate Europe in London. Finextra watched the demos, followed the tweets and spoke to the players. Here's what caught our eye.

10 February 2015

News/Personal finance

Number26, a smartphone-only banking service, launches in Germany

Dubbed 'the Simple for Europe', after the US-based banking startup now owned by Spanish Bank BBVA, online-only bank Number26 has begun taking deposits from pre-invited customers in Germany and Austria.

26 January 2015

News/Personal finance

Regions Bank targets students with golf-based money management game

Regions Bank is hoping to get down with the kids through a gamified financial literacy game based on the cool, young sport of...golf.

16 January 2015

News/Personal finance

Capital One buys budgeting app Level Money

US bank Capital One has bought money management app Level Money. Financial terms were not disclosed.

12 January 2015

News/Personal finance

Moven ports 'financial fitness' app to smartwatch

Moven is looking to cash in on the New Year resolutions of customers and prospects for physical and financial fitness by launching its budgeting app on Motorola's 360 and Samsung Gear smartwatches.

05 January 2015