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Bank to the future: five ways financial apps are changing banking

Ian McKenna, DigitalWealthInsights.com:

Less than half a year from now, PSD2 will revolutionise consumers’ access to their own financial information. In fintech hubs across Europe, bright young people are planning a consumer revolution. Their financial apps and tools are helping customers manage their money far more easily than they have before. Here are five important ways in which they are changing the face of banking.

Spain’s first fully digital bank Openbank in major transformation

Openbank now open

Openbank, a subsidiary of Spain’s banking giant Santander, has undergone an enterprise-wide overhaul, from products and services, to technology, to corporate culture, to new branding.

Fintech outside London – part 2

There is more to UK fintech life than London

We look at UK fintech firms working outside of the London “bubble”, examining where they are based and why; their history; target markets; clients; tech specialisations, concerns and future plans.

Jack Henry turns to Geezeo for personal finance management tools

Jack Henry and Geezeo team up

Jack Henry & Associates, one of the “big four” banking technology vendors in the US, has joined forces with personal financial management (PFM) firm Geezeo to help consumers manage their finances.

Fintech funding round-up: 8 December 2016

Here comes the money wave!

Fintech funding stories can be fun if they are brief. Featuring MoneyLion, SETL and Finicity.

Crealogix’s Elaxy to roll out consulting platform for Bankhaus August Lenz

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Crealogix’s subsidiary Elaxy Financial Software & Solutions will roll out a hybrid consulting platform at Bankhaus August Lenz in Germany. The solution, developed in nine months, is ready for MiFID II (markets in financial instruments directive) and PRIIP (packaged retail and insurance-based investment products) regulations. It is also integrated into the bank’s online banking system […]

Nymbus teams with Geezeo for personal finance push

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US core banking software vendor Nymbus has teamed up with Geezeo, a white-label personal finance management (PFM) provider for banks and credit unions. Nymbus launched last year with a flurry of Star Wars-inspired quotes. It is looking to work with financial institutions (FIs) and compete with banking behemoths and the neo banks. The vendor sees […]

“Technology tail wagging the strategy dog” in retail banking says Celent

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Bitcoin, gamification and Personal Financial Management are “generating more heat than light” in debates about the future of retail banking and banks should not be distracted from other major challenges including digital channels and legacy transformation.

Yorkshire Building Society to offer PFM through eWise tech deal

Yorkshire is looking to steal a lead over rivals with the introduction of PFM in the UK

Yorkshire Building Society is to offer online personal financial management capabilities through a multi-year agreement with eWise.

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