Tink just closed a €90 million funding round; now Tink is working with BNP Paribas on account aggregation, payment initiation...
When Digital launched in 2015 the company used chatbots to help users save money; Ethan Bloch, founder and CEO of Digit tells American Banker “We think chatbots haven’t lived up to their promise,” he said. “So we are done believing they will.”; the company has started using graphical interfaces that users tap for information instead of having them type in queries; this is the second change to the app recently, following the recent decision to charge users. Source.
Albert is a personal financial management app that allows users to text in questions that are answered by human advisors;...
Plaid is now working with Microsoft to bring financial data directly into Excel; the new service is called Money in...
A new survey by Israel-based Bank Leumi’s challenger brand Pepper found 90 percent of UK consumers feel they are undereducated...
Personal Capital is a personal financial management tool that launched ten years ago; the company saw 23% annualized growth in...
Charlie Finance doesn’t require an app download, they instead use texts and messenger to interact with clients to help them...
Barclays is launching the My Personal Bank finance service that will link all of a customer’s Barclays based accounts; they are testing the tool with 7,500 Barclaycard Arrival Plus World Elite Mastercard cardholders. Source.
While most banks still do not offer a forecasting type feature Wells Fargo has added it to enhance their app experience; the bank says a customer can receive 50 different messages based on their account activity; “Having information in the palm of their hands can help lead customers to take action and make more informed financial choices,” Steve Ellis, who heads the bank’s innovation group, said in a press release reported by American Banker; the bank has had their share of issues recently but innovation has been one area where the company has excelled. Source.
There is a growing trend in fintech that shows where the most disruption is happening, financial advice and management; while...