Click, tap, swipe: the banking app dilemma
It’s no secret that customers increasingly prefer to use mobile banking apps to manage their cash ‘on-the-go’ over online banking.
More than half of ATMs are now installed away from bank branches
The increase of ATMs installed away from bank branches is being driven by factors including banks' efforts to be more cost-effective, and the rise of independent ATM deployers, new research from RBR suggests.
iZettle raises $63m and appoints new CFO
IZettle, Square's European rival, has raised €60m ($63.4m) in new funding and has also appointed a new CFO, Maria Hedengren.
University of Strathclyde now offers a degree in Fintech
University of Strathclyde has launched, what it claims to be the first Financial Technology focused course in the UK. The degree will be an intensive 12-month Masters that will start from September 2017.
Clarity Money launches its personal finance mobile app in the US
Clarity Money, the brainchild of venture capitalist Adam Dell, is a new personal finance app that uses AI and data science to save users money by finding better-priced energy bills, cancelling subscriptions and provide tailored suggestions on things such as credit cards.
Monese mobile bank raises $10m in Series A funding round
Monese, the mobile-only bank aimed at European customers who may struggle to open a bank account in the UK via traditional means, has raised $10m in Series A funding round.
$1.5 billion fintech fund launches in China
A group of Chinese companies and state-owned businesses are partnering to create a new $1.5 billion fintech fund that will focus on mergers and acquisitions, and nurturing fintech enterprises in China.
Micro-investing app, Moneybag, launches on Android
Moneybox, the smartphone app aimed at getting millennials investing, has launched its service for Android phones, which can be downloaded on Google's Play Store.
The importance of collaboration between incumbents and innovators
Jonathan Quin, co-founder and CEO of World First, explores how established financial institutions and newer fintech disruptors stand to benefit from collaborating with one another in the fast-moving financial services sector.
Contactless payments in the UK increased by 166% in 2016
It's beginning to look a lot like contactless, everywhere you go. So much so that contactless payments have increased by 166% year-on-year, according to new research from Barclaycard.
