Latest Personal finance News: Finextra Research

Moven launches UK money monitoring app

US-based neobank Moven is setting its sights on Europe, launching a money tracking app in the UK.

07 February 2017

Citi and AmEx join Plaid Technologies funding round

Plaid Technologies, a startup that helps the likes of Venmo and Lending Club connect with their users' bank accounts, says that the venture arms of Citi and American Express joined its recent $44 million Series B funding round.

06 February 2017

News/Personal finance

Wells Fargo inks data sharing agreement with Intuit

Wells Fargo has followed Chase in signing a data-exchange deal with Intuit, enabling its customers to use an API to import account information to financial management tools such as QuickBooks without having to hand over their account credentials.

03 February 2017

News/Personal finance

After raising $5m, Qvivr gears up to launch wallet-replacing card

Qvivr, a US startup promising to replace the credit, debit, gift and loyalty cards in customers' wallets with a single card and app combo, has raised $5 million in a Series A funding round led by Khosla Ventures.

01 February 2017

News/Personal finance

Intuit and Chase agree data sharing deal

Chase customers can now import their financial data to Intuit financial management tools without having to hand over their account credentials, addressing a key flashpoint in bank relationships with third party technology companies.

25 January 2017

News/Personal finance

India's SBI to launch digital-only bank

The State Bank of India (SBI), the country's largest lending institution is to experiment with branchless banking after announcing plans to launch a digital-only bank later this year.

06 January 2017

News/Personal finance

BofA adds budgeting tool to app

Bank of America is adding a spending and budgeting tool to its mobile and online platforms, helping customers to track and control their money.

13 December 2016

News/Personal finance

Barclays integrates online banking and investing accounts

Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.

28 November 2016

News/Personal finance

CommBank uses virtual reality for kids financial education programme

Commonwealth Bank of Australia is trialling the use of virtual reality technology to teach young children about money management.

10 October 2016

News/Personal finance

Banks reap app rewards but face threat from new mobile challengers

While mobile apps have proved a boon for Europe's retail banks, new research suggests that they could also prove a threat, with new specialist players picking off customers in key areas and disrupting the traditional full-service model.

16 September 2016

News/Personal finance

Banks unsure on response to PSD2 upheaval

More than two thirds of bankers fear that PSD2 will cause them to lose control of the client interface and many of them remain unsure how to respond to the new directive, causing them to adopt a defensive, wait-and-see stance, according to research from PwC.

12 August 2016

News/Personal finance

ING launches pocket-sized personal financial advisor

ING is to provide customers in Spain and the Netherlands with a 'financial advisor in your pocket' through the launch of a new mobile app dubbed My Money Coach.

01 August 2016

News/Personal finance

Fintech founder calls Aussie banks hyprocrites over Apple Pay complaints

The founder of an Australian robo-advisor has accused the country's banks of hypocrisy over their cries of anti-competitive behaviour from Apple Pay

29 July 2016

News/Personal finance

Standard Chartered launches global video banking push

UK bank Standard Chartered is planning to roll out its video banking service to more than five million users across Asia, Africa and the Middle East.

21 July 2016

News/Personal finance

Santander doubles down on fintech fund

Santander has doubled the size of its fintech investment fund, from $100 million to $200 million, in what the bank describes as a sign of commitment to its philosophy of collaborating with startups.

19 July 2016

News/Personal finance

SEB and ABN Amro join $10 million round in PFM startup Tink

Sweden's SEB has contributed $4.2 million to a $10 million funding round in local PFM outfit Tink, making it the fifth-largest shareholder in the 10-person startup.

19 May 2016

News/Personal finance

Ally Financial targets shopaholics with 'Splurge Alert' app

Ally Financial is piloting an app called 'Splurge Alert' that uses geolocation technology to identify when users are near to stores that they overspend in and alerts friends who can intervene.

21 April 2016

News/Personal finance

500 Startups launches $25m fintech fund

Early-stage venture firm 500 Startups is launching a $25 million fintech fund focussed on investing in startups building "financial services for the rest of us".

24 February 2016

News/Personal finance

Moven teams up with loan refinancers CommonBond and Payoff

Neo-bank Moven has struck deals with loan refinancing startups CommonBond and Payoff as it seeks to burnish its "financial wellbeing" credentials.

28 January 2016

News/Personal finance

Lending startups dominate digital banking funding scene

Lending firms dominate the fintech funding scene, pulling in nearly two thirds of all investment in digital banking startups in 2015, according to CB Insights.

07 January 2016