PennyOwl aims to teach children about money management

Children’s pocket money app PennyOwl has raised $1.3 million in funding, in a seed round that included support from Flipside Investments’ Richard Font(...)

The biggest share price gains for Visa and MasterCard over the past year have come in response to Chinese government policies that open the local payment card market to foreign players.  Photograph: Simon Dawson/Bloomberg

Global bank card operators including Visa and MasterCard can seek licences to clear domestic Chinese payments starting today, following a long-running(...)

With summer holidays fast approaching, it’s time to get your money organised. It may be one of the least exciting aspects of a visit abroad, but a lit(...)

MasterCard “is working with the European Commission on the issue as part of an ongoing constructive dialogue”, the company said.

MasterCard is poised to receive an antitrust complaint from European Union regulators probing card payment fees, according to sources.Regulators may s(...)

Modern banking business provides a kaleidoscope of financial products and services, and different methods of transferring funds, with electronic fund transfer (EFT) becoming increasingly popular and important

Most people use an electronic means of payment every day, whether it is using your credit-card to pay for lunch, paying utility bills via direct debit(...)

PennyOwl’s app will launch on Android and iOS in the US.

Irish startup PennyOwl is to launch its first app in the coming weeks. The company, which aims to teach children about money management through a po(...)

A man takes a picture of Motorola Moto X smartphones during the Mobile World Congress in Barcelona. Photograph: REUTERS/Albert Gea

The Irish made their presence felt at Mobile World Congress 2015 (MWC), announcing multimillion-euro deals and partnerships. More than 30 Irish compa(...)

When it comes to travel within Muslim regions, Malaysia is the most preferred global destination. Turkey, the United Arab Emirates, Saudi Arabia, Qatar and Indonesia followed Malaysia in choice holiday destinations. Photograph: Getty Images

Ireland is considered to be one of the least friendly places for Muslims to visit, according to the Global Muslim Travel Index, which has just been pu(...)

Sam Smith performs on stage during the 2015 Brit Awards at the O2 Arena, London, February 25th, 2015. Photograph: Yui Mok/PA Wire

Golden boys of British pop Ed Sheeran and Sam Smith have shared the honours on what was a muted night — literally in the case of Kanye West — at the B(...)

Visa Europe has announced a new, more secure way for consumers to pay retailers via smartphones, a move that could set the stage for Apple’s Apple Pa(...)