Nubank and Mastercard Exclusive Study Reveals Path to Advancing Beyond Access Toward Financial Health
- 7 hours 28 min ago
- Personal Finance
Today, Nubank and Mastercard released findings from a study measuring the financial inclusion impact on individuals, including some who have historically been on the margins of the traditional banking system in Brazil.1 The study provides a view of customers' experiences accessing and using financial solutions and tools, and the impact of those experiences on their ability to advance toward financial security and health.
GoHenry Hands Its Petition to No.10 as New Research Shows UK Kids Want More Financial Education in School, Ranking It More Important Than Maths & English
- 1 day 7 hours ago
- Personal Finance
Young people want to receive more financial education in school and are worried about leaving full time education without the money skills needed for adult life, according to the latest research from GoHenry, the prepaid debit card and financial education app for kids aged 6-18.
SmartSave Bank Reaches £2Bn in Deposits
- 1 week 1 day ago
- Personal Finance
SmartSave, UK digital bank Chetwood Financial‘s savings proposition, has doubled last year’s milestone by reaching a total of more than £2 billion in direct deposits.
Improving Picture for Personal Finances, But Many Still Struggling
- 1 week 2 days ago
- Personal Finance
New research from the Financial Conduct Authority (FCA) has found that while many are struggling to meet financial commitments, the picture has improved over the last year. The regulator found 7.4m people were struggling to pay bills and credit repayments in January 2024, down from 10.9m in January 2023. This is still higher than the 5.8m recorded in February 2020, before the cost of living squeeze began.
Money Worries Creating Mental Health Timebomb: Young People Three Times More Likely to See Mental Health Worsen Due to Finances
- 1 week 2 days ago
- Personal Finance
Young people are three times more likely than older generations to have their mental health impacted by money worries, research from responsible lender, Creditspring reveals. Four in ten (39%) people aged 18-34 say their mental health has significantly worsened as a direct result of the cost of living crisis, compared to just 13% of over 55s.
Travelex Launches Click-and-collect in Hong Kong
- 2 weeks 2 days ago
- Personal Finance
Travelex, a market-leading foreign exchange brand, has launched its online click-and-collect service in Hong Kong, enabling customers to purchase their travel cash in advance online, at Travelex’s best exchange rate.
New SME Savings Tracker Reveals Massive and Persistent Gap in Savings Rates Offered to SMEs by Big Banks Compared to Digital and Challenger Banks
- 2 weeks 2 days ago
- Personal Finance
A new savings tracker, published today by SME-focussed Allica Bank, has shown a continued significant gap between the rates SMEs are offered by challenger banks and their larger, incumbent competition.
PensionBee Study Finds Consumers Strongly Support Shareholder Resolutions Ahead of AGM Season
- 2 weeks 3 days ago
- Personal Finance
A study by PensionBee, a leading online pension provider, reveals a strong belief among pension savers that shareholder resolutions can convey robust messages to management and address areas of concern, ahead of this year’s Annual General Meeting (AGM) season.
Nutmeg Reveals the Nation’s Top Financial Habits
- 2 weeks 3 days ago
- Personal Finance
New research from Nutmeg, the UK’s largest digital wealth manager, reveals a positive picture when it comes to the nation’s finance habits.
Time IS Money: Late Bloomers Leaving Financial Discussions too Late Despite Agreeing on the Benefits
- 1 month 9 hours ago
- Personal Finance
New research from Nutmeg, the UK’s largest digital wealth manager, reveals people in the UK are starting discussions around finance too late in their lives. Half (50%) of UK consumers admitted they didn’t discuss finances with their family, friends, or peers until they were at least aged 19, while 15% confessed to leaving it as late as past the age of 30.
N26 Launches Instant Savings in 13 New Markets, Offering Customers Up to 4% Interest on Deposits
- 1 month 1 week ago
- Personal Finance
Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will be able to earn up to 4% interest per annum on their savings, without deposit limits and at no additional cost.
Mind the Gap – Balancing Act Could Close Britain’s Gender Investment Divide
- 1 month 1 week ago
- Personal Finance
Research from Nutmeg, the UK’s largest digital wealth manager, reveals that a gender balance of financial role models could be the crucial factor in closing the gender savings and investment gap.
YNAB Enables Customers to Import Transaction Information from Apple Card and Apple Cash
- 1 month 1 week ago
- Personal Finance, Payments
YNAB, an app and set of habits for your money, is among the first to integrate Apple's new FinanceKit API providing direct access to Apple Card, Apple Cash, and Savings with Apple Card transactions within YNAB.
Younger Borrowers Bring Access to Loans Into Question as 78% See Applications Rejected
- 1 month 2 weeks ago
- Lending, Personal Finance
As consumers continue to navigate cost-of-living pressures, new research shows that younger age groups face significant barriers when it comes to accessing credit.
All Roads Lead to Data - Moneyhub Gives Full Support to ‘Game Changing’ FCA Advice Guidance Boundary Review Proposals
- 1 month 2 weeks ago
- Personal Finance, Consultancy
Moneyhub, the leading provider of Open Banking, Open Finance and Financial Wellness solutions to the Pensions and Investment industry has today submitted its response to the Financial Conduct Authority’s (FCA’s) Advice Guidance Boundary Review proposals (DP23/5).
