Bank criticised for tone of spending summaries, with one user complaining to ombudsman over ‘humiliating’ use of data ...

This model is now the standard playbook. Prepaid cards, EMI licences, sponsor banks, and modular infrastructure are how most fintechs start today. In 2015, that wasn’t obvious and Monzo showed the ...

UK’s digital bank Monzo has launched a new feature that empowers customers to cancel bank transfers almost instantly if they spot an error. This development, aimed ...

Monzo has announced it is removing The Summary feature on the app and will replace it with a new service. On December 21, the popular feature, which allows customers to quickly view their current ...

Digital bank Monzo has been accused of overstepping the mark by using data it holds on customers to call out their spending habits and lifestlye choices. The bank used data to tell one customer with a ...

UK’s digital bank Monzo noted that their engineering team has created Monzo Stand-in, which is described as a fully independent backup bank complete with its own data, software, and infrastructure.

Monzo for Under 16s is a free account that offers 2.75 per cent AER variable interest on savings and no minimum deposit ...

Monzo is introducing a new feature that allows customers to cancel a bank transfer within seconds of realising they've made a mistake. The ‘undo payments’ tool gives users a window of 10 to 60 seconds ...

Kicking this edition off with a disclosure. I started writing this in November, but it was a busy month for me as I hit quite a significant birthday milestone, and the subject of the edition was going ...