Why Bank Chairman Paul Pester Decided To Establish a Money-Sharing App: The Story of Loop


by International Business Times UK

International Business Times UK— Paul Pester founded Loop to give friends and family a way of sharing money and avoiding overdraft and other banking fees.

Daily Mail—Chase Bank app is DOWN: Thousands of Americans report struggling to access online banking. Americans across the US report they can't login to Chase Bank app or website. The outage started at 1:30 p.m. EST, signing people out of their accounts

NL Times—Dutch banks need better money laundering checks and more vigilence says central bank. Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.

@cityam—Consumer group names TSB, Co-op Bank and Monzo as worst major banks for mobile app security. The group reviewed the apps and websites of Britain's 13 largest current account providers between January and February, with assistance from computer security experts.