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.
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.
ING to launch contactless charity collection boxes
ING has partnered with Dutch startup, Whydonate, to create a contactless charity collection box to help keep the charity sector innovative in a time when cash is being used less frequently.
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.
Best of 2016: Our top 5 articles in Banking
Finally this week, we're going to look at the news articles, thought pieces and analysis on the banking sector that most drew our readers' attention. If you missed these gems when they were published, now’s your chance to read them!
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.
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.
Open Banking and PSD2: Challenges for fintechs, app providers and banks
The last few months have been rather exciting for those with an interest in PSD2 and Open Banking. But while we all may privately have hoped developments in open banking and PSD2 might have provided a final level of clarity by now, this is not yet the case.
Is this the future of payments and pubs?
Barclaycard has launched, what it describes as, the 'world's first contactless beer pump'. According to the card issuer, the pump is designed to target the 12-minute average waiting time at the bar by speeding up the order, the pouring and the payment process.
