A couple of months back, Google introduced a brand new mobile payments app exclusive to India. The country's banking landscape is a little different to many of the territories that currently have access to Android Pay, and so it needed a different approach. Until now, Tez has only been able to pay participating merchants or transfer between users, but it will soon be possible to pay utility bills, too. Read More
Chinese smartphone maker Xiaomi is currently in talks about a potential Initial Public Offering (IPO) as early as next year. Top company executives will be hoping for a valuation of at least $50 billion, with some of them optimistically holding out for an even higher figure. 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
We heard of Google Finance's complete overhaul a few days ago, but it seems that hints of the new design could be hiding in Google's latest stocks card interface. If you search for any stock value on Google, it provides you with a card that details its price history, performance, and provides comparison against other stocks and news.
Now that interface has changed. Instead of one long page where you scroll down to each separate section you have 4 tabs for Overview, News, Compare, and Financials. The blue line in the graph has also been replaced by a filled green one, and the different history periods are now tappable buttons instead of tabs. Read More
If you use Google Finance to keep track of your investments using the portfolio feature, you're soon going to be disappointed. The platform is under renovation and will presumably get a number of design and functional changes. The only thing we know for sure, however, is that the My Portfolio page will no longer be available come mid-November. Read More
If you're looking for new games or applications to try out this weekend, you're in luck. A number of popular applications are on sale for $0.10 (or the local equivalent) on the Play Store. First up is Star Wars Pinball 4, from developer Zen Studios. Not only is the base game $0.10, but all the in-app purchases for additional tables are 50% off as well. 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
According to a Yahoo Finance exclusive, Google Wallet is now a little bit safer. Yahoo Finance reports that Google Wallet balances are now FDIC-insured, and that Google is accomplishing this by storing Wallet balances in FDIC-insured banking institutions. For reference, the Federal Deposit Insurance Corporation insures a depositor's funds for banking institutions up to $250,000.
As Yahoo Finance points out, services like Wallet, Paypal, or Venmo are considered "non-banking institutions," meaning that they aren't legally required to be federally insured, and indeed Paypal and Venmo currently aren't (though Paypal does offer its own account protection measures).
The report also notes that Google Wallet's current user agreement says balances are not FDIC-insured, but that "a Google spokesperson confirmed in a statement to Yahoo Finance that its current policy has changed."
Ultimately it seems as though Wallet's FDIC insurance will be of little consequence to users, except that it provides peace of mind in case the worst should happen. Read More
In an update that we can call minor by Mint's standards, the app's interface and navigation have been refined in addition to receiving a new bill reminder option. This feature is actually quite helpful, since it can be hard to keep a multitude of due dates straight in your head.
Of course, this won't help reduce any confusion between Mint and the recently-rebranded Mint Bills service. To be clear, you will not be paying your bills on Mint; you will just be reminded about them.
Another aspect of this update is the loss of the floating action button. Before taking out your Materially-designed pitchforks, let's recall what it did: create manual transactions. Read More
The Mint app has a case of hyperactive redesign. This devastating disease is characterized by rapid design changes, fluctuating icons, and death. Okay, not so much the last one. Still, the Mint app is getting more design tweaks in the most recent update, which is mostly okay.