Open Banking is changing the way people interact with their finances for the better. It’s no longer justifiable that managing investments, pensions, debt or daily spending is so complex. It’s even easier for businesses to connect with their target audiences and provide them with a more personalised service: capitalising on deeper insights surfaced automatically to help people manage their finances more effectively.
It’s now been eight months since the Open Banking reforms were put in place. Designed to put the consumer back in control of their data, the top 9 banks (CMA9) had to provide an Open Banking connection (API) that regulated Third Party Providers (TPPs) with special permissions could connect to. This allows their customers to see all their finances in one place and use market leading tools to analyse their money.
Hosted by the Mental Health Foundation, from 14th to 20th of May, is Mental Health Awareness Week. This year’s theme is a theme we’re all more than familiar with: Stress.
In the UK, 85% of adults experience stress regularly, with the leading cause of stress being money. With over a third of Brits experiencing stress for at least one full day a week, it’s clear the issue of financial worries in Britain need to be addressed and rectified.
November saw Lloyds Banking Group host the first design hackathon of its kind on Open Banking, the ‘Build an Open Bank Challenge’, with participation from 14 partnering organisations spanning from big corporates to startups. As Open Banking and the new Payment Service Directive (PSD2) regulations...
Ever since I began my career as a JavaScript developer five years ago, I've been on a quest to find the developer’s holy grail: an application skeleton that I can use to build my future single page applications on. You know the feeling, you have this great idea, but you hit a wall of bootstrapping, plugins and build tools. If you’d only had it all setup, you'd code an initial concept in a few days.
In the UK, ‘Financial Wellbeing’ is becoming a core pillar within strategies run by organisations to support the physical and mental health of their employees and consumers. Financial services and corporate organisations play a crucial role in their customers and employees’ lives. In a survey by YouGov of 1,817 working adults across all industrial sectors, the findings revealed that financial wellbeing not only affects individual workers but it also impacts business performance.
In the 20 years I have been working on digital projects design has changed quite a bit, or perhaps I have changed. Back in the dark ages of digital design (I think we started out calling it multimedia) designers would pick up a brief and work on ideas for a big chunk of time (a number of weeks usually). Once happy we would then show it to our clients and have a chat about how suitable the design was. If the client was happy we would give the designs (over the wall) to a team of wizards to build.
Moneyhub Enterprise was delighted to launch its smart "proactive assistant" feature at Finovate Europe 2017. This feature gives enterprises the ability to shield their customers from fines for a late payment, or being charged for dipping into their overdraft. The AI driven financial assistant alerts the user to looming charges and suggests simple automated actions to take. This new technology from the award winning Bristol based fintech company, heralds the death knell of penalty charges.
The EU's 2nd Payment Services Directive (PSD2) implementation deadline of January 2018 is fast approaching. This is having far reaching effects for banks and the wider financial services industry. In this article we'll look at the current state of play in the industry, the challenges and the opportunities that it brings.
We are thrilled to announce that we have been selected to present at FinovateEurope 2017. Since launching Moneyhub in 2009 and winning ‘Best in Show’ at our first Finovate conference in 2014, we have been working tirelessly to continue to improve our technology and as a result, the financial wellness of businesses, their customers and consumers.
Cybersecurity will always be a hot topic within the IT industry, and as a financial technology company, staying on top of cyber security and continuously evaluating latest trends and hacking techniques is of utmost importance to us. I recently attended the 8th IRISSCERT Cyber Crime Conference in Dublin...
Whether you want to create your own solution, or you want us to do it for you — we have the technology for it. Our experienced team is here to support you now and in the future.
