Global analytics software provider FICO released its analysis of UK card trends for November 2020, which reflects the mixed financial fortunes of UK consumers as well as highlighting the continuing debt waiting game.

“Our new data shows that despite the introduction of the second national lockdown, credit card spend increased in November, as Christmas shopping got underway, boosted by Black Friday,” explained Stacey West, principal consultant for FICO® Advisors.

PayNearby, India’s largest hyperlocal fintech startup, recently announced two strategic leadership hiring in Retail Sales to further strengthen and expand its omnichannel retail network. The company has appointed Rahul Singh as the ‘National Head of Retail Sales’ and Sanjiv Singh, as the Head of ‘Sales Strategy & Planning’. The latest appointments are a part of the company’s ambitious plans to drive growth, through branchless banking, across emerging businesses and for its channel partners.