# Competitor Update 2 **URL:** \ **Category:** Fintech Chat\ **Created:** [4 July 2017 22:59 UTC](https://community.monzo.com/t/competitor-update-2/12331 "2017-07-04T22:59:55Z")\ **Posts on this page:** 20\ **Page:** 10
**Author:** ![sacha](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/sacha/32/13116_2.png) [@sacha](https://community.monzo.com/u/sacha)\ **Post date:** [30 August 2017 08:49 UTC](https://community.monzo.com/t/competitor-update-2/12331/192 "2017-08-30T08:49:02Z")
> [@anon95680666](#): > > indeed it will be interesting to see under liabilities on page 15 the increase in customer deposits from £1800 to give some sort of clue as to customer numbers As an accountant, I had to do a double take as I was expecting to see “£’000” in the heading (e.g. deposits of £1.8m). £1,800 sounds like one or two people testing the account 😉 ---
**Author:** ![anon95680666](https://avatars.discourse-cdn.com/v4/letter/a/e9a140/32.png) [@anon95680666](https://community.monzo.com/u/anon95680666)\ **Post date:** [30 August 2017 08:50 UTC](https://community.monzo.com/t/competitor-update-2/12331/193 "2017-08-30T08:50:03Z")
I think it was just the staff for the year , but I agree more usual to see £ 000’s in the column headings - in comparison I spent over £20K on my Monzo in 2016 🙂 Starling seemed to be concentrating on rolling out their finished product to market first, rather than customer feed back / customer testing at that stage - I assume - just shows the two different approaches between the companies - Monzo having now slowed down to test the more important Current Accounts to get that right as its a totally different financial importance to a pre paid card. I do think the Monzo approach is better, having the customers initial test the prepaid card, tweek it at every opportunity along the road before getting the CA out - Im sure full CA rollout will include and improve on most things already available and tested by customers on the pre paid ---
**Author:** ![anon48095207](https://avatars.discourse-cdn.com/v4/letter/a/ebca7d/32.png) [@anon48095207](https://community.monzo.com/u/anon48095207)\ **Post date:** [4 September 2017 18:09 UTC](https://community.monzo.com/t/competitor-update-2/12331/194 "2017-09-04T18:09:17Z")
Starling are launching Android Pay tomorrow ---
**Author:** ![anon6756359](https://avatars.discourse-cdn.com/v4/letter/a/258eb7/32.png) [@anon6756359](https://community.monzo.com/u/anon6756359)\ **Post date:** [5 September 2017 08:24 UTC](https://community.monzo.com/t/competitor-update-2/12331/195 "2017-09-05T08:24:12Z")
Starling just released compatibility for Android Pay: [https://twitter.com/StarlingBank/status/904975431488692224](https://twitter.com/StarlingBank/status/904975431488692224) ---
**Author:** ![anon95680666](https://avatars.discourse-cdn.com/v4/letter/a/e9a140/32.png) [@anon95680666](https://community.monzo.com/u/anon95680666)\ **Post date:** [5 September 2017 09:42 UTC](https://community.monzo.com/t/competitor-update-2/12331/198 "2017-09-05T09:42:21Z")
ducks down from the parapet …arghhhhhhhh… ---
**Author:** ![alexs](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/alexs/32/2443_2.png) [@alexs](https://community.monzo.com/u/alexs)\ **Post date:** [5 September 2017 11:02 UTC](https://community.monzo.com/t/competitor-update-2/12331/199 "2017-09-05T11:02:41Z")
10 posts were merged into an existing topic: [Contactless vs Oyster](https://community.monzo.com/t/contactless-vs-oyster/16978) ---
**Author:** ![anon33901902](https://avatars.discourse-cdn.com/v4/letter/a/b77776/32.png) [@anon33901902](https://community.monzo.com/u/anon33901902)\ **Post date:** [5 September 2017 12:50 UTC](https://community.monzo.com/t/competitor-update-2/12331/200 "2017-09-05T12:50:57Z")
Looks like I’ll be using Starling for the near future at the very least then. I prefer the Monzo UI, but Android Pay is an absolute killer feature. If Starling let me edit the info for companies then it would be ideal as there are far too many ugly entries at present. ---
**Author:** ![alexs](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/alexs/32/2443_2.png) [@alexs](https://community.monzo.com/u/alexs)\ **Post date:** [5 September 2017 17:10 UTC](https://community.monzo.com/t/competitor-update-2/12331/201 "2017-09-05T17:10:22Z")
8 posts were merged into an existing topic: [Starling Feedback](https://community.monzo.com/t/starling-feedback/9345) ---
**Author:** ![anon7453089](https://avatars.discourse-cdn.com/v4/letter/a/3be4f8/32.png) [@anon7453089](https://community.monzo.com/u/anon7453089)\ **Post date:** [5 September 2017 14:06 UTC](https://community.monzo.com/t/competitor-update-2/12331/203 "2017-09-05T14:06:41Z")
i’ve just added my starling card to android pay and it was a doddle, no issue’s. ---
**Author:** ![alexs](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/alexs/32/2443_2.png) [@alexs](https://community.monzo.com/u/alexs)\ **Post date:** [5 September 2017 17:05 UTC](https://community.monzo.com/t/competitor-update-2/12331/210 "2017-09-05T17:05:09Z")
A post was split to a new topic: [Tandem Feedback](https://community.monzo.com/t/tandem-feedback/17008) ---
**Author:** ![sacha](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/sacha/32/13116_2.png) [@sacha](https://community.monzo.com/u/sacha)\ **Post date:** [5 September 2017 19:19 UTC](https://community.monzo.com/t/competitor-update-2/12331/211 "2017-09-05T19:19:46Z")
![IMG_1462](https://cdck-file-uploads-global.s3.dualstack.us-west-2.amazonaws.com/monzo/original/2X/4/45444d8e767481c44e91a10241b290058f6891bd.PNG) Wow, real time spending alerts! 😂 ---
**Author:** ![Pipefish](https://avatars.discourse-cdn.com/v4/letter/p/6a8cbe/32.png) [@Pipefish](https://community.monzo.com/u/Pipefish)\ **Post date:** [5 September 2017 20:10 UTC](https://community.monzo.com/t/competitor-update-2/12331/212 "2017-09-05T20:10:24Z")
I just posted almost the same the same thing over at Starling 🙂 Shows legacy institutions are waking up though. ![Screenshot_20170905-210346](https://cdck-file-uploads-global.s3.dualstack.us-west-2.amazonaws.com/monzo/original/2X/f/fe0ae5adce48a67ca45e5388d2909e5154b351fc.png) ---
**Author:** ![alexs](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/alexs/32/2443_2.png) [@alexs](https://community.monzo.com/u/alexs)\ **Post date:** [5 September 2017 20:14 UTC](https://community.monzo.com/t/competitor-update-2/12331/213 "2017-09-05T20:14:26Z")
A post was merged into an existing topic: [Starling Feedback](https://community.monzo.com/t/starling-feedback/9345) ---
**Author:** ![gallifreyangirl](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/gallifreyangirl/32/96820_2.png) [@gallifreyangirl](https://community.monzo.com/u/gallifreyangirl)\ **Post date:** [5 September 2017 21:54 UTC](https://community.monzo.com/t/competitor-update-2/12331/214 "2017-09-05T21:54:40Z")
Be interesting to see how many more legacy banks will follow. ---
**Author:** ![Pipefish](https://avatars.discourse-cdn.com/v4/letter/p/6a8cbe/32.png) [@Pipefish](https://community.monzo.com/u/Pipefish)\ **Post date:** [7 September 2017 01:11 UTC](https://community.monzo.com/t/competitor-update-2/12331/215 "2017-09-07T01:11:03Z")
Just used my American Express card for the first time since that update and switching it on. It didn’t work. Didn’t get a notification. ---
**Author:** ![tomsr](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/tomsr/32/44861_2.png) [@tomsr](https://community.monzo.com/u/tomsr)\ **Post date:** [7 September 2017 16:26 UTC](https://community.monzo.com/t/competitor-update-2/12331/216 "2017-09-07T16:26:24Z")
> **[Square is moving from payments into a fully-fledged challenger bank | Verdict](https://www.verdict.co.uk/square-challenger-bank/)** > > Square, the payments firm run by Twitter’s Jack Dorsey, is applying for a banking license to become a new challenger bank ---
**Author:** ![alexs](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/alexs/32/2443_2.png) [@alexs](https://community.monzo.com/u/alexs)\ **Post date:** [7 September 2017 16:31 UTC](https://community.monzo.com/t/competitor-update-2/12331/217 "2017-09-07T16:31:20Z")
That title makes that sounds like big news for consumers but according to [paywall 😱] [the WSJ](https://www.wsj.com/articles/jack-dorseys-square-makes-a-move-into-banking-1504737851) - > Square’s consumer-facing initiatives, including its digital money-transfer service, Square Cash, and its recently launched installment-loan business, would remain separate from the bank. & they’re focusing on > offer[ing] loans and deposit accounts to small businesses. for now anyway 😅 ---
**Author:** ![Borussia](https://dub1.discourse-cdn.com/monzo/user_avatar/community.monzo.com/borussia/32/9061_2.png) [@Borussia](https://community.monzo.com/u/Borussia)\ **Post date:** [7 September 2017 21:55 UTC](https://community.monzo.com/t/competitor-update-2/12331/218 "2017-09-07T21:55:30Z")
Yup same here, I was getting all excited until I paid then nothing happened, it definitely works when you do Apple Pay payments but not card payments 😕 ---
**Author:** ![anon44204028](https://avatars.discourse-cdn.com/v4/letter/a/ed655f/32.png) [@anon44204028](https://community.monzo.com/u/anon44204028)\ **Post date:** [7 September 2017 22:09 UTC](https://community.monzo.com/t/competitor-update-2/12331/219 "2017-09-07T22:09:48Z")
Dutch bank ‘bunq’ are currently the target of a large DDOS attack (over 15gb/s) ---
**Author:** ![anon23935806](https://avatars.discourse-cdn.com/v4/letter/a/58f4c7/32.png) [@anon23935806](https://community.monzo.com/u/anon23935806)\ **Post date:** [7 September 2017 22:25 UTC](https://community.monzo.com/t/competitor-update-2/12331/220 "2017-09-07T22:25:43Z")
Curious to know if this affects their ability to process card payments (I assume they’ve got a direct, non-internet link to MasterCard but I might be wrong). [Previous page](https://community.monzo.com/t/competitor-update-2/12331.md?page=9) [Next page](https://community.monzo.com/t/competitor-update-2/12331.md?page=11)