Nearly half of Brits have saved money from using banking apps, crediting instant access to statements, savings goals and payment reminders for helping them to save cash. Interest in challenger banks on the rise, with nearly 1 in 5 (18%) using a challenger bank or app, and a further 25% interested in doing so.
Revolut hasannounced the launch of its new Subscriptions feature, a simple way to track all subscriptions, Direct Debits, and recurring payments in one place.
A virtual personal assistant to help customers manage their financial life.
New HSBC Connected Money app lets customers see accounts from different banks on one screen.
HSBC UK has announced that it has rolled out over 1,500 “talking cash machines” across the UK, allowing customers who are blind or partially sighted to receive spoken instructions.
Ernest is the latest “chatbot” which merges artificial intelligence, natural language and your bank account data in order to provide an easy way to keep track of your money.
Loot, the latest mobile-only bank, has finally launched following a long delay, promising a “new banking experience” via its app and pre-paid MasterCard.
Monzo has added a new feature, Monzo.me, which allows users to collect money without having to hand out their account number and sort code.
Zopa, which was the world’s first peer-to-peer lender, has announced their intention to launch a “next-generation” bank.