One in Five UK Adults Are Financially Vulnerable but Many Can’t Access Credit
- 1 year 3 months ago
- Personal Finance
With the UK experiencing the unexpected hike in inflation in January 2025 to 3%, TransUnion, a global information and insights company, is releasing previously unseen research that reveals one in five (20%) UK adults – the equivalent of 11 million people – would consider themselves financially vulnerable.
NatWest Boxed and The AA Partner to Bring Savings and Loans to Millions of Customers
- 1 year 3 months ago
- Personal Finance
Today NatWest Boxed and The AA are announcing a strategic partnership where The AA will leverage Boxed’s embedded finance platform to offer financial products to millions of AA customers, as well as the wider market. Later this year AA customers can apply for and get an instant access savings account and unsecured personal loans.
Health-Conscious Britain: The UK’s Health & Wellness Boom Revealed
- 1 year 3 months ago
- Personal Finance
The "New Year, New Me" mindset is resonating with consumers more than ever, with health-conscious Brits swapping late nights for the gym and wellness in 2025. New insights from Experian and Reward – analysing consumer spending over six weeks to 20th January including the Christmas period – reveals that nutrition and fitness spending rose by 6%.
Gen Z Most Likely to Shy Away From Talking About Fraud Experiences at Home Despite Being Most Targeted, Reveals TD
- 1 year 3 months ago
- Personal Finance
With Canadian Anti Fraud Centre (CAFC) reporting over $630 million lost to fraud in 2024 alone, Canadians are facing increased challenges as they grapple with a heightened cost of living and more sophisticated financial fraud attempts. Ahead of Fraud Prevention Month in March, a new TD survey has revealed that Gen Z is most likely to shy away from talking about fraud experiences at home, despite being the most targeted.
Nearly 1 in 10 Brits Rely on YouTube for Financial Advice, Despite Only 26% Believing It’s a Trustworthy Source
- 1 year 4 months ago
- Personal Finance
Recent research by Aqua revealed that nearly one-third of Brits (30%) say that financial mistakes have caused increased stress, and that 41% of Brits feel negatively about their financial situation. With a challenging financial backdrop in the UK, it’s more important than ever to ensure that people receive financial information from trusted sources.
Love or Money? MuchBetter Reveals What Truly Makes People Happy
- 1 year 4 months ago
- Personal Finance
Ahead of Valentine’s Day,
AI and Pensions: UK Savers Want Balance, Not Bots
- 1 year 4 months ago
- Personal Finance
New research from PensionBee, a leader in the UK consumer retirement market, reveals that while UK savers are open to AI playing a role in pension customer support, they are not ready for a fully automated experience. 79% of respondents expressed preferences for a mix of human and AI interaction when managing their pension accounts, highlighting a strong preference for a hybrid approach.
finova Launches New Mobile-First Onboarding App for Savers
- 1 year 4 months ago
- Personal Finance
finova, the UK's largest cloud-based mortgage and savings software provider, has today announced the launch of its new mobile-first onboarding app for savers, expanding its suite of products available for lenders and savings providers.
FCA Steps Up Action Against Misleading Financial Adverts
- 1 year 4 months ago
- Personal Finance
The regulator has highlighted concerns with cryptoasset, debt solutions, and claims management company (CMC) promotions. 9,197 CMC promotions were withdrawn in 2024. Many of these promotions were related to housing disrepair and motor finance claims targeted at vulnerable consumers.
Bloomberg Enriches Financial Education for 10,000 Students Through Global Trading Challenge
- 1 year 4 months ago
- Personal Finance
The Global Trading Challenge, Bloomberg's annual Terminal-based event for students, amassed a total of 10,240 student participants across 46 countries for its 2024 virtual investment competition. Students in the challenge invest 1 million virtual US dollars in a universe of more than ten thousand global stocks, using the Bloomberg Terminal to define market assumptions, develop a return-generating strategy, and execute notional trades with the... more
Generational Pension Gap Set to Widen as Lost Pots Epidemic Grows
- 1 year 4 months ago
- Personal Finance
Less than a fifth (17%) of young people aged 18-34 know exactly where all their pension pots are, reveals research from pension-finding platform, Raindrop. A fifth (19%) of 18-34 year-olds also admit that they have no idea how much they have saved for retirement – almost double the figure for older people aged over 55 (10%).
Paymentology and Sticitt Join Forces, Cultivating Optimism in Future Generations Through Healthy Financial Habits
- 1 year 4 months ago
- Personal Finance
Paymentology, the leading global issuer processor, today announces its strategic partnership with South African fintech startup Sticitt. Sticitt is on a mission to help raise a generation of South African children with healthy financial habits from Schools with a strong financial foundation. This collaboration aims to revolutionise how schools handle finances and how children establish healthy money habits from a young age.
Visa Foundation Fuels 500 UK Women-Led Businesses With New Support Programme And Funding
- 1 year 4 months ago
- Personal Finance
Today, Visa Foundation is announcing the launch of a three-year initiative to support and empower women-led small businesses (SMBs) through a comprehensive training, community building and micro-grant programme. In partnership with INCO, a leading social enterprise company, the programme aims to deliver impactful financial and business support to 500 UK based female founders to address the gender financing gap facing women entrepreneurs in the... more
CFPB Updates List of Consumer Reporting Companies
- 1 year 4 months ago
- Personal Finance
Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data, including individuals’ finances, employment, check writing histories, or rental history records. People can use the list to, among other things, request their consumer reporting data, dispute inaccuracies, and block access to... more
6.5M People Forced to Take Out New Credit Cards to Afford Everyday Essentials in January
- 1 year 4 months ago
- Personal Finance
6.5 million people in the UK planned to take out a credit card this January to help them afford everyday essentials such as bills and food, reveals research from responsible lender, Creditspring.
