Mobile Money Management news and trends

Loot Brings In $1M+ Loot For Overhauled Banking App
Mobile // April 11, 2016

British student banking app Loot is close to sealing a £1 million ($1.41 million) seed funding round, nine months after its launch. The app, which works in association with a prepaid Visa debit card linked to a Loot account, exclusively targets students, who often struggle to manage...

Mobile-Money Apps’ Security Flaws Exposed
News // August 12, 2015

While the rise in mobile-money services in emerging markets is promising, due to the ability to bring financial services to those who otherwise may not have access, new research shows these apps may also come with major security risks.

ATM Network MoneyPass Hooks Up Banks With Mobile Money Maven Monitise
Mobile // January 16, 2015

MoneyPass, the U.S Bank-owned ATM network, has cut a deal with U.K.-based Monitise to offer smartphone-based banking services to its customers, the two companies announced on Thursday (Jan. 15). Under the agreement, MoneyPass Network’s 1,600 card-issuing financial institutions will be able to offer their account holders...

Level Money, Millennials And The Digitization Of Money
Alternative Finances // March 10, 2014

Helping Millennials manage their money more effectively is the central purpose of Level Money, a mobile app created by Jake Fuentes and Frank Yeary. Fuentes spoke with PYMNTS.com earlier this year, and now the company is preparing for The Innovation Project 2014 next month. Fuentes spoke...

Quick Reads
Samsung, SoFi, Mastercard Launch Cash Management Platform

July 23, 2020
Samsung Electronics America Inc. has announced that U.S. consumers can sign up for its mobile money management platform starting on Thursday (July 23). Tagged Samsung Money by SoFi, the platform was launched in partnership with Social Finance Inc., the San Francisco-based online personal finance company, and Mastercard Inc., the global financial services corporation headquartered in New […]

Loot Brings In $1M+ Loot For Overhauled Banking App

April 11, 2016
British student banking app Loot is close to sealing a £1 million ($1.41 million) seed funding round, nine months after its launch. The app, which works in association with a prepaid Visa...

Mobile-Money Apps’ Security Flaws Exposed

August 12, 2015
While the rise in mobile-money services in emerging markets is promising, due to the ability to bring financial services to those who otherwise may not have access, new research shows...

ATM Network MoneyPass Hooks Up Banks With Mobile Money Maven Monitise

January 16, 2015
MoneyPass, the U.S Bank-owned ATM network, has cut a deal with U.K.-based Monitise to offer smartphone-based banking services to its customers, the two companies announced on Thursday (Jan. 15). Under the...