Gohenry Launches New Plus Membership Allowing Kids & Teens to Earn Interest on Their Savings
- 2 years 3 weeks ago
- Personal Finance
GoHenry, the prepaid debit card and financial education app for kids aged 6-18, today announces the launch of its new Plus membership in the UK, giving kids the chance to earn interest on their savings.
Brits Estimated to Pay £828 Million in Interest on Christmas Credit Card Expenses
- 2 years 3 weeks ago
- Personal Finance
Research from personal finance website finder.com estimates that the UK could spend a total of £828 million on credit card interest over the holiday season. An estimated 23 million Brits plan to use credit cards to cover their Christmas spending, with an average predicted expenditure of £627 each. This estimate is based on paying off balances within 6 months, with an average annual purchase rate of 25.58%. The true cost of things
To Consolidate or Not to Consolidate: 87% of Pension Savers Are Missing out on the Benefits of Pension Consolidation
- 2 years 3 weeks ago
- Personal Finance
With career patterns changing and workers likely to have an average of 12 roles throughout their careers, it’s to be expected that retirement savers will likely have numerous pension pots.
PayPoint Hits 1,500+ Retailer Sign-Ups for Park Christmas Savings
- 2 years 1 month ago
- Personal Finance
With only two weeks to go until the Park Christmas Savings season hits the peak for savers to start getting ready for Christmas 2024, PayPoint today announces that more than 1,500 members of the Federation of Independent Retailers (the Fed) have signed up to become PayPoint Park Super Agents, boosting their earning potential by over £1,000 per year.
FICO Research: UK Consumers at Greater Risk from APP Fraud — But Many Ignore the Danger
- 2 years 1 month ago
- Personal Finance
New research by FICO suggests that Authorised Push Payment fraud — when someone is tricked into sending money from their bank account to a fraudster — is not being taken seriously by UK consumers. The new data also suggests one of the most vulnerable sections of society — the 65+ age group — is the least worried by this form of financial fraud.
A Third of Young Britons Scammed or Defrauded by Online Ads
- 2 years 1 month ago
- Personal Finance
New research conducted by money-saving app and retailer marketing platform ZIPZERO has found that young people are becoming disproportionately alienated by digital advertising due to bombardment, excessive intrusion, and/or deception. It revealed that 33% of young people (aged 18-34) have been a victim of a scam or fraud as a result of clicking on an online ad, significantly higher than the 18% average across the UK.
2023 Tipalti Report: Understanding Creative Challenges to Unlock a Superior Brand-Creator Relationship
- 2 years 1 month ago
- Personal Finance
The creator economy has witnessed exponential growth in recent years, with creators spanning various platforms amassing vast followings and influencing consumer behavior. According to Goldman Sachs, the creator economy is expected to grow substantially, reaching a staggering $480 billion by 2027.
High Return Rates Dull Black Friday’s Shine for Merchants
- 2 years 1 month ago
- Personal Finance
Merchants and consumers are increasingly dissatisfied with Black Friday as the cost-of-living crisis continues to hit profit margins and disposable income, at the start of this year’s critical sales period.
One in Five Now Make Payments Using Open Banking
- 2 years 1 month ago
- Personal Finance
One in five Brits are now making regular payments via Open Banking (21%) according to research carried out by Moneyhub. Open Banking payments allow users to make a payment directly through their phone’s banking app or online banking account directly to another account, which can be a quicker and more cost-effective alternative to other payment options such as card payments, standing orders or direct debits.
ISA Reforms Vital to Boosting Financial Security, as UK Trails in Knowledge and Take-up of Investing
- 2 years 1 month ago
- Personal Finance
New research finds millions of people in the UK could be heading for difficulties later in life, as poor understanding and low take-up of long-term investing risks their financial security.
Solaris Research Finds Security, Openness and Inclusion the Key Influencers for Women when Purchasing Financial Products
- 2 years 1 month ago
- Personal Finance
Security, openness and inclusion are the most crucial factors that women look for when obtaining financial services in their daily lives, a report produced by Futura, Solaris’s network for women in fintech has discovered.
7M Adults Forced to Borrow to Pay Bills This Winter
- 2 years 1 month ago
- Personal Finance
As UK households begin switching the heating on, 7m people are reliant on credit to pay their bills this winter according to research from responsible lender, Creditspring.
Nine in Ten Nordic Consumers Use Contactless as Cash Continues Decline
- 2 years 1 month ago
- Personal Finance
Nordic countries continue to lead the world in their adoption of cashless payment methods, according to new data from
Over 14 Million UK Adults View Their Monthly Savings Contributions as an “Essential Outgoing”, Finds Gatehouse Bank
- 2 years 1 month ago
- Personal Finance
Gatehouse Bank, the Shariah-compliant challenger bank, has published research indicating that over a third (35%) of UK adults – equating to over 14 million people – consider their monthly savings to be an essential outgoing.
