Personal finance

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/Personal finance

Yolt begins beta tests for payment initiation service

Taking the next step in the Open Banking journey, Yolt moves into testing Payment Initiation Services (PIS) with their UK community and the launch of ‘Yolt Pay Beta’.

/Personal finance

BNP paribas Fortis rolls out multi-bank account aggregation app

BNP Paribas Fortis has added real-time account aggregation from multiple providers to its Easy Banking app, giving customers a single overview of their various bank accounts on one screen.

/Personal finance

Strands moves PFM focus from product to person

Strands launches a new generation of Engager, an implementation that transforms every interaction into a guided and meaningful conversation, transforming complex data into relevant customer insights and added-value solutions in real time.

/Personal finance

Abu Dhabi Commercial Bank releases PFM app built with Strands

ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology.

/regulation

Fintify gets FCA approval

London based Fintify, a data insights driven money management app, has secured an approval from the Financial Conduct Authority (FCA) to operate as a Registered Account Information Service Provider (RAISP) this week.

/Personal finance

Acorns raises $105m; strikes content creation deal with CNBC

Savings and investing app Acorns has raised $105 million in a Series E funding round joined by NBCUniversal that will also see the entertainment giant's business news TV channel CNBC create financial literacy content for the startup.

/Personal finance

Swedish neobank Personal Finance Co. taps Wirecard for debit card programme

Wirecard, the global innovation leader in digital financial technology, together with the Swedish FinTech P.F.C. - Personal Finance Co., formerly Betalo, have introduced a new digital banking proposition aimed at hundreds of thousands of Swedish consumers.

/Personal finance

Scotland's fintechs treble in number

The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.

/Personal finance

Open Banking year one: Insights from the CMA9 and more

A review of the first year of the UK’s groundbreaking experiment in Open Banking. What worked? What didn’t? And what next?

/Personal finance

Apps more popular than online banking in UK

A survey has revealed that smartphone apps have surpassed online banking as the channel of choice for UK consumers.

/Personal finance

Investment Association opens second fintech cohort

The trade body for the UK's fund management industry, the Investment Association (IA), has extended its fintech accelerator initiative with the launch of a second cohort.

/retail

Brits more likely to get divorced than dump their bank – Tandem

With the 8th of January marking Divorce Day – the UK’s most popular day to start divorce proceedings - Tandem Bank product director Matt Ford revealed that despite the act of changing banking provider becoming simpler, consumers are still misinformed and discouraged.

/Personal finance

GDPR will stagger rate of consumers sharing data with banks over ten years - Tandem Bank

In an interview with Finextra, Tandem Bank’s chief operating officer Nick Bennett revealed that the more data protection is regulated, the slower attitudes towards privacy will change.

/Personal finance

Icici adds investment tool to revamped mobile app

India's Icici has overhauled it mobile banking app, introducing a host of features, including a robotics-based investment advice tool and voice-command fund transfers.

/Personal finance

Orange to leverage synergy between telco and financial services to compete with banks

After news that Orange had joined forces with MTN, one of Africa’s largest telcos, to form an interoperable mobile money transfer service dubbed Mowali, the new bank revealed the economics behind diversifying their mobile financial services at an event on Friday.

/retail

Ratehub buys MoneySense

Today, Ratehub Inc., which connects Canadians to the best financial products in the market, announced it has acquired MoneySense, one of Canada's leading personal finance media brands, from Rogers Media.

/ai

Stackr launches AI-powered savings tool

Stackr, the complete global long-term savings solution, introduces a personalized trust structure that allows investors to hold both capital and digital assets.

/Personal finance

Money Dashboard and PensionBee announce in-app integration

PensionBee customers are now able to see their live pension balance within the Money Dashboard app, signalling yet another big step forward for UK pension savers!

/startups

Santander InnoVentures invests in credit scoring and PFM app

Santander's fintech venture capital fund has invested in German credit scoring and personal finance app Bonify. Details were not disclosed.

/retail

Expenses app Soldo integrates with Xero

Soldo, the multi-user business expense account, today launches a next-generation integration with Xero.