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.
Millennial smartphone banking app, Loot, has launched
Loot, the smartphone banking app aimed at helping millennials stay on top of their finances, has finally launched this week and started to open accounts of the 25,000 people on its waiting list.
FCA announces 24 successful sandbox firms as part of Project Innovate
The Financial Conduct Authority (FCA) has selected 24 fintech companies to start testing their new financial products in its “regulatory sandbox”.
Mastercard’s Q3 net income marks a 21% increase from last year’s period, surpassing expectations
Mastercard has posted its results for the third quarter, reporting a net income of $1.2 billion, an increase of 21% versus the year-ago period.
Circle launches its social payments app in Ireland and Spain
This week, Circle rolls out its social payments app in Spain and Ireland allowing customers to link any Spanish or Irish bank account to Circle to send and receive P2P payments to friends and family within their countries and across borders instantly.
Open innovation to build the future of payment
In the constantly changing world of commerce, innovation is not a fad but a necessity to address new consumer behaviours and purchasing experiences resulting from globalization and new technologies. It is required to continue to help merchants adapt to changing interactions with their customers, whatever the channel or service.
ING re-enters UK market with free personal finance management app
Four years after leaving the UK's high streets, ING is coming back in a digital way with a new app that integrates users' bank accounts (even ones from its competitors) and provides tips and information about their finances.
Financial fraud on the rise in first half of 2016
Scams and online attacks are the main culprits behind the increase in financial fraud in the first half of 2016, new figures from Financial Fraud Action show.
Payments in the age of the gig economy
The rapid growth of the gig economy is variously regarded as a highly positive development but one that can be exploited by corporates exploiting weak employment laws to their advantage, writes Richard Hartung.
Go Cashless launches crowdfunding appeal
This week GoCashless, the not-for-profit organisation that aims to promote the end of cash by December 31st 2020, has launched a crowdfunding appeal.
