Intelligent banking app for the smartphone generation
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With finance moving increasingly online, we are seeing innovations offering seamless digital alternatives to physical banking. British startup Mondo has created a mobile-first banking service, which sees an app working in conjunction with a debit card to help users manage their finances. Users first load money into their account and spend it with their Mondo card. The app then gives them a running spending total, and users are able to interact with individual transactions, browsing by the names of businesses, and see how much a week they are spending at, for example, Starbucks. They can also browse by category, and…
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