Tagged: financial management

Small Businesses Are Looking for Effective Financial Management Tools, Not Banking Products, Report Claims

Banks have long struggled to serve small and midsize enterprises (SMEs) effectively, despite the prominence of these companies in national economies, as SMEs recently “represented just over half of gross value added in the European Union and just under half in the US.” As noted… Read More

Most US Consumers Believe Credit Cards Make It Challenging to Manage Finances, Affirm Report Claims

As Americans face record-high credit card debt and fees, nearly three in four (73%) say credit cards make it challenging to manage their finances, according to a new survey conducted by OnePoll and commissioned by Affirm (NASDAQ: AFRM) the payment network that empowers consumers and… Read More

Personal Financial Management Becomes New Frontier for Bank, Credit Card Apps, J.D. Power Report Claims

After more than a decade of significant investment in mobile apps and websites, many U.S. banks and credit card providers have mastered the basics of digital transaction management and are now turning their attention to more advanced “super tools.” According to a series of recent… Read More

UK’s Starling Bank Supports Money Management Tools with “Split Payment” Feature

Starling Bank customers can now organize their salary payments across their account. The new feature, called ‘Split payment’, allows customers “to decide how much of an inbound payment, such as their salary, to put away and where, including their saving Spaces, joint accounts, additional accounts… Read More

Money Management: UK Consumers More Likely to Open Joint Account When they Reach 25-34 Age Range, Survey Reveals

Money is the number one cause of quarrels for three out of 10 couples in the UK, according to a survey by Starling Bank. Couples aged 45-54 reportedly “have the most disagreements (39%), along with parents (37%).” The research, which “questioned 4,000 over 16s in… Read More

Astor Investment Management, FLX Networks Announce Expanded Partnership

Astor Investment Management and FLX Networks announced their expanded relationship, “signaling further adoption of new, innovative, and efficient models by asset management firms as the industry undergoes significant changes.” Under this expanded partnership, FLX will now “represent Astor as its full-service front-office distribution partner, handling… Read More

Experian Money-Saving Resources to Help Consumers Develop Better Savings Strategies

To help keep more money in consumers’ wallets and bring financial power to all, Experian is partnering with nationally-recognized consumer finance and budgeting professional Andrea Woroch in order “to share financial tips and create awareness about a variety of Experian resources that can help consumers… Read More

Wells Fargo Introduces Digital Platform to Help Clients Manage Their Money

Wells Fargo & Company (NYSE: WFC) announces the launch of LifeSync, a personalized digital approach to aligning clients’ goals with their money. LifeSync, in the Wells Fargo Mobile® app, will be “available at the end of March to Wealth & Investment Management (WIM) clients.” Delivering… Read More

October Committed to Supporting Qonto on its Platform Dedicated to Financing Needs of French SMEs

October has been providing financing to Qonto, Europe’s financial management company, for almost two years now. Integrated directly via API with the Qonto platform, October “analyzes customer requests in a few clicks to provide them with an instant loan offer.” With over 40,000 active retail… Read More

Klarna Introduces Money Story, an Overview of Clients’ Spending in 2022

Klarna, which claims to be the global leader in the generational shift away from credit cards,  announced the launch of Money Story in the US Klarna App – “a personal spending summary of 2022 that provides millions of consumers with useful insights into their spending… Read More

CIBC Introduces Digital Tool for Providing Personalized Financial Advice, Managing Finances

As many Canadians set their financial goals for the year ahead, CIBC announced the launch of CIBC Smart Planner, which is described as “an easy to use, self-serve digital tool that takes the complexity out of managing finances and offers personalized advice.” CIBC Smart Planner… Read More

Carefull, Cetera Financial Group to Help Protect Aging Client Assets, Ease Wealth Transfers for Advisors

Carefull announced a partnership with Cetera Financial Group, which claims to be a leading financial services firm and one of America’s “largest” networks of financial professionals. Through a collaborative partnership, Cetera financial professionals now “have access to Carefull’s state-of-the-art technology, which is purpose-built for those… Read More

Fintech Firm NorthOne Announces $67M Series B Round

NorthOne recently announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne claims it is poised “to further expand the reach of its business banking and financial management platform across all sectors of the small business community.”… Read More

NAB Ventures Leads $6M Investment in Fintech Platform Thriday

Thriday, the “all-in-one” financial management platform, takes another leap on its mission to become the fastest way for SMEs “to manage their banking, accounting, and tax with a circa $6 million pre-Series A round led by NAB Ventures and significant participation from existing investor Lempriere… Read More

C2FO, Vic.ai to Bring AI to Early Payment Processing

C2FO, which claims to be the largest global platform for working capital, announced a  partnership with Vic.ai, a provider of artificial intelligence (AI) for autonomous accounting and financial management. Through this partnership, C2FO and Vic.ai will “provide their enterprise customers with a flexible AI-driven invoice… Read More

Guild Financial, MX to Assist Military Community with Building Personal Wealth

MX, a firm focused on the Open Finance ecosystem, recently announced that Guild Financial, an investing platform helping the U.S. military community, is “leveraging MX to enable military service members, veterans, and their families to easily and securely connect financial data to help them build… Read More

Wealth Wizards Implements Financial Wellbeing App for Royal London

Wealth Wizards has implemented a “consumer-led” financial wellbeing app for Royal London in order to help over 1.5 million new and existing workplace pension clients with their finances. Royal London has reportedly configured the Turo Wellbeing app to create a series of personalized journeys to… Read More

London Fintech Plum Introduces Debit Card Supporting Budget Control

  London Fintech Plum, Europe’s personal finance app, has introduced a debit card “to help its customers take control of their finances.” The card is Plum’s first move into spending, “consolidating its position as a comprehensive money app.” Designed to complement Plum’s budgeting features and… Read More

Wealth Analytics Firm Strabo Acquires £193,573 via Seedrs

Strabo, which aims to offer wealth analytics “at your fingertips,” has acquired 110% (£193,573) of its £175,003 target (at the time of writing) from 163 investors through its crowdfunding campaign via Seedrs (with 17 days left in the campaign). Located in London, Strabo operates in… Read More

inbestMe, a Digital Investment Platform, Acquires €2.1M+ from 160 Investors via Crowdcube

inbestMe, a “smart” digital investment platform, “simple to use” and customized to deliver “better returns with lower costs,” has acquired 140% (€2,113,386) of its €1,500,000 target via Crowdcube from 171 investors (at the time of writing). After launching in Spain back in 2017, inbestMe claims… Read More

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