Tag: Mobile Banking
Pockit swipes £2.9m for inclusive mobile banking
Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland. Read more: www.fintechroundup.com
Orange peels open mobile-only bank
French telecoms firm Orange has launched its mobile-only bank as it looks to tap into its current customer base. Read more: www.bankingtech.com
Mobile payments and many other functionalities in the new mobile app...
mBank introduces app with the Android Pay functionality and a display of clients’ spending rate to help them control their budget. Read more: www.fintechroundup.com
Ummah Finance to become first UK-based mobile Islamic bank
Ummah Finance aims to be “the first UK born Islamic bank solely set up and operating from London”, with a fully digital proposition. Read more: www.bankingtech.com
Why is signing up for mobile banking so hard?
Most banks still struggle to make it simple for customers to open new accounts entirely on mobile devices. Read more: www.americanbanker.com
Kid-friendly banking app Current picks up $3.6m
Mobile banking and payments platform Current has closed $3.6m in a seed funding round from Expa and Human Ventures. Read more: www.fintechroundup.com
Student banking startup BankMobile sells for $175m
Student-focused challenger bank BankMobile is being sold by its parent company Customers Bank for $175m to Flagship Community Bank. Read more: www.fintechroundup.com
SMEs skeptical of mobile banking
A new survey from banking data firm RateWatch is bad news for banks looking to entice SME customers with new mobile offerings. Read more: www.pymnts.com
Mobile: the banking industry’s biggest ultimatum
British Bankers’ Association (BBA) and EY showed that in 2015 UK consumers moved more than £2.9bn every week using banking apps. Read more: www.bankingtech.com
BBVA enlists Oracle for mobile account opening
BBVA is using Oracle Communications technology to enable customers to open new accounts via their mobile devices in minutes. Read more: www.finextra.com