Moneymona in the Press this week ..............................

MoneyMona selects Contis to power e-current account, prepaid card and rewards

4 hours ago  |  590 views  |  0Source: Contis Group

Contis Group, one of Europe's leading e-money institutions, has been selected to power MoneyMona's eCurrent account, Visa prepaid debit card and rewards programme, which delivers basic financial services to the UK's unbanked population, regardless of financial status and credit history.

The Competition and Markets Authority (CMA) is consulting on its provisional decision to launch a formal investigation into UK banks. In other words, the CMA wants to increase competition in banking to better meet the needs of 

Tesco launches its current account this week and there seems to be a lot of furore about the product. In real terms the product is aimed at individuals whom are disappointed and despondent with main stream options. The Tesco 

The UK economy is still growing strongly, but not at the pace seen in recent months, the Confederation of British Industry (CBI) says. The group said its growth indicator for March showed the economy growing at its slowest rate in eight months. But the CBI said growth remains above average, as the recovery in the UK economy continues to do well.

Clever budgeting skills can earn you £££s and help you save for those expensive items like holidays, a new car or school trips for the kids. It's also a great way to keep on top of finances and ensure you have extra cash at the ready for bills, repairs and any other expenses that crop up. Here are our top tips for successful budgeting:-

The term “price war” is one of the most overused when it comes to banking. Sometimes people are faced with such a paucity of deals, they are desperate to see any tiny relaxation of lending or boost to savers’ returns as a price war. It is called wishful thinking. But as the economy continues to pick up and mortgage lending reaches its highest level since the great crash, talk of a real price war, for borrowers at least, is not an overstatement.

MoneyMona Launches its e-money current account. The e-current account gives you a Visa debit card and your own Sort Code and account number and the online platform which enables you to budget and make payments.

• NO Credit Checks
• Sort Code 
• Account number 
• Visa debit card you can use anywhere you see the Visa logo globally
• Easy to use
• Rewards
• Pay Bills

Prepaid debit card use is exploding.

They're now the fastest growing payment method. In the US Americans spent about $37 billion on prepaid debit cards last year -- double the amount from 2009, according to the Network Branded Prepaid Card Association.