Tuesday, December 1, 2020

Banks buy in to benefits of boosting financial well-being

FinTech startups are setting new standards for customer control and experience, forcing high street banks to up their game. Read more: www.finextra.com

Starling Bank, a digital-only UK bank, launches beta

Starling Bank, one of a number of digital-only or so-called “challenger” banks in the U.K., is launching a beta. Read more: www.techcrunch.com

Why is will.i.am advising this UK FinTech startup?

Atom Bank is an app-only bank based in Durham, England. Read more: thenextweb.com

Financial advice: man and robot can co-exist

Don’t be concerned if your human adviser starts co-planning with a robot – the arrangement is likely to benefit you. Read More: www.iol.co.za

FinTech startup to launch mass market robo-adviser

UK FinTech startup Munnypot has soft launched a robo-advice service designed to cater for the mass market at a fraction of the cost of traditional advice. Read more: www.professionaladviser.com

Global smart card market continues to grow

The smart card industry continues to grow as more and more consumers embrace it. Read more: www.pymnts.com

New funding takes 51 Credit Card round to $400m

Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group. Read more: www.fintechroundup.com

Barclays launches online investing service

Barclays has a new online direct investing service to let its customers view their investments, savings and current accounts in one place through a single log-in. Read more: www.bankingtech.com

AI in banking – robo advisors and beyond

The market is ripe for disruption and FinTech firms are set to take the lead in this change to cater to the changing customer preferences. Read more: www.finextra.com

Building a digital bank — from scratch

Varo Money CEO and Cofounder Colin Walsh, says that the future of banking, for millennials in particular, lies not in branches but in bots who become money coaches. Read more: www.pymnts.com