Facebook Messenger users in the United States have been able to send money to each other from within the app for quite some time, and that same functionality is now finally making its way to other territories. If you're lucky enough to live in the UK or France, the Send Money feature should be available to you soon, rolling out over the next few weeks. Read More
If you're outside the UK, you're unlikely to have heard of Monzo. It's a so-called challenger bank, one of the several startups attempting to disrupt the banking industry in the UK. It's all based around its excellent app – there are no branches. It's pretty popular, too, with the majority of my London-based friends seemingly signed up for the service.
To begin with it was just a prepaid MasterCard that you would need to top up from your normal bank account. The benefit of doing so is that the Monzo app is great for budgeting, monitoring spending, and quickly paying friends. Read More
Android Pay is always striving to add new banks and credit unions, and in the case of the United States there's an awful lot to get through. Just recently, 24 new institutions were added to the service, and now a further 16 have also made the cut. You should be notified by your bank when they add support for Android Pay to your card, but just in case, why not take a look at the list to see if you're one of the lucky ones. Read More
Android Pay has become a popular method of digital payment since its launch in the US and Europe. It hasn't been launched in India, however, where the mobile payments landscape is a bit different. A government-endorsed platform called UPI (Universal Payments Interface) is widely used in India, with banks, e-commerce sites, and even tech companies like WhatsApp and Truecaller launching payment services based on it, hoping to grab a slice of the lucrative pie. Google is almost ready to enter this crowded space, with the launch rumored to be happening on Monday September 18th. Read More
Using biometric authentication for banking logins is nothing new. It adds a level of convenience with only a slight decrease in security, although I find it only a bit faster than using a PIN. Apps like PayPal and USAA have had it for some time, and Discover is finally joining the party. Read More
Banking apps are traditionally terrible and slow to adopt new features. That has never been the case with Simple, and the developers are reminding us of that with an update that (among other things) adds support for Nexus Imprint. Read More
Simple is a bank from the future (or the past, I guess), one that lacks physical branches and expects you to handle all of your transactions over the web from a PC or mobile device. After quite a wait, the Portland-based company has pushed out an update to its Android app that comes with enough visual tweaks to make the experience look Lollipop-friendly.
The previous version—which was already clean and, dare I say, simple—looked like a KitKat holdover. With 2.2, the designers have slid the hamburger button from the edge of the screen and tossed a floating action button into the bottom right corner. Read More
Bank of America's official Android app has been able to cash checks by taking photos of them for the last few years. It's an extremely useful feature that eliminates one of the last common reasons to stand in a teller line. It's also bloody frustrating, at least with Bank of America's implementation - I'm a customer, and I've often had to find a solid black backdrop and a couple of table lamps just to make the photo clear enough for BofA's strangely picky system.
The update to version 6.0 (all the way from 5.0) seems to have fixed that. I just tried out a test run with an old-fashioned paper check, and even on a light background in poor light, it passed the image verification. Read More
Back in mid-August, Simple pushed out version 2.0 of its app, bringing with it a bold, yet simplistic new interface, as well as a handful of other new features. Now the company is pushing version 2.1 to the Play Store (as well as Appstore for iOS devices), which brings a couple more useful features to the table.
First off, Wear support. As of now, Simple will send push notifications to your Wear device, which includes both support messages and transaction notifications. Hooray for not having to pick up your phone when notifications come in.
Secondly, there's now an option to attach an image to transactions. Read More
Banking apps aren't terribly exciting in general. In fact, they're usually awful, buggy apps that make you hate yourself. The Bank of America app has gone through a few iterations (most of them bad), but the newest update is actually a solid improvement.