Young People Will Work in New-age Tech Careers, Prioritise Purpose Over Pay and Put an End to the Traditional 9-5: a Kids’-eye-view of the Future of Work
- 10 months 6 days ago
- Personal Finance, Payments
Ambitious kids expect to be working in new-age tech careers, and have fully flexible roles and bosses with a strong social conscience, according to new research from GoHenry, the prepaid debit card and financial education app for kids aged 6-18.
A ‘World First’ for People who Want to Secure Their Savings and Support Environmental and Conservation Projects
- 10 months 1 week ago
- Personal Finance
UK-based FinTech, Akoni Hub, embedded sustainability provider ekko, and Bank of London and The Middle East (BLME) have announced the launch of their Planet Saver savings product. Savers will be able to apply for the product using Akoni Hub (part of the Stubben Edge Group).
Wealthify Selects ClearBank as Its Embedded Banking Partner to Launch New Savings Account
- 10 months 1 week ago
- Personal Finance
ClearBank Ltd., the enabler of real-time clearing and embedded banking for financial institutions, today announces its partnership with digital investment platform Wealthify, which has enabled the company to launch its first Instant Access Savings Account.
Consumer Card Spending Grew Just 3.1 Per Cent in January as Brits Opted for Nights in and Home-Cooked Meals, yet Confidence in Personal Finances Reached Two-year High
- 10 months 2 weeks ago
- Personal Finance
Consumer card spending grew 3.1 percent year-on-year in January – less than the latest CPIH* inflation rate of 4.2 percent, yet higher than December’s growth of 2.3 percent. Retail, hospitality, and leisure spending slowed as Brits stayed at home to shelter from the cold weather and save money after a busy festive period. However, pointing to improving optimism, consumers’ confidence in both their household finances and ability to spend within... more
Two in Five Have Missed Utility Bill Payments in the Last Six Months
- 10 months 2 weeks ago
- Personal Finance, Consultancy
Two in five UK adults have missed a utility bill payment in the last six months according to new research from Moneyhub Payments, highlighting the need for more flexible ways to pay.
2023 Spending Decoded: Klarna's Money Story Guides Smarter Budgeting
- 10 months 3 weeks ago
- Personal Finance, Wealth Management
Klarna, the AI-powered global payments network, and shopping assistant, is bringing back Money Story in the Klarna App, revealing consumers’ personal spending summaries of 2023. How did you decide to spend your hard-earned cash, and what can you learn from it for the new year? Money Story offers a snapshot of your spending patterns while inspiring new ways to budget, save, and shop smarter.
GoHenry Urges Government to Prioritise Financial Education from Primary Age at Education Select Committee Inquiry
- 10 months 3 weeks ago
- Personal Finance, Consultancy
As GoHenry continues its push for financial education to be made compulsory in all primary schools, CEO and co-founder, Louise Hill, gave oral evidence to the Education Select Committee’s inquiry into strengthening financial education in England this morning.
Ecospend’s Pay-by-Bank Solution Live on Mobile, and to be Rolled Out to Hargreaves Lansdown’s ISA
- 10 months 3 weeks ago
- Personal Finance, Payments
Hargreaves Lansdown (HL), the UK’s leading provider of savings and investment services, announced today that Ecospend’s Pay-by-Bank solution is now available for HL’s ISA, and general investment accounts following its initial launch in May 2023 to its Active Savings clients where it processed over £850 million. The adoption rate is expected to reach well over 30%.
IeDigital Acquires AI Fintech Software House Abaka
- 10 months 3 weeks ago
- Artificial Intelligence, Personal Finance
ieDigital has today announced the acquisition of ABAKA, the AI - recommendation engine platform that uses machine learning and behavioral segmentation software to predict which products – such as banking products, savings accounts, or retirement solutions – are the most
Almost Three in Ten (29%) UK Consumers who Missed a Payment or Went Into Their Overdraft Have Done so Despite Having Funds in Another Account
- 11 months 4 days ago
- Personal Finance
UK consumers are missing important payments due to the antiquated payment solutions on offer to them, potentially damaging their long-term financial well-being, and limiting their choices when it comes to credit. According to new research by Moneyhub’s Payments Division, three in ten (33%) UK consumers say they have missed a payment in the past year with 8.3% missing payments each month.
Plum Launches Spend Tracker for Smarter Budgeting
- 11 months 4 days ago
- Personal Finance
Plum, the smart money app, has added a new Spend Tracker to help customers with their budgeting plans. The Spend Tracker automatically categorizes all outgoings and shows them as a percentage of overall spending. By breaking their spending down, customers can see at a glance where their money is going each month and easily compare it with the previous month’s spending, to identify quickly where savings can be made.
Almost 3M Londoners Reliant on Savings to Pay Essential Costs as Household Finances Reach Breaking Point
- 11 months 2 weeks ago
- Personal Finance
Londoners are the most reliant on their savings with almost 3m people forced to dip into savings pots to afford essential everyday costs, according to new research from AI-powered transaction analytics firm, Fuse.
Proactive Brits Set Financial Goals for New Year’s Resolutions in 2024
- 11 months 2 weeks ago
- Personal Finance
As the new year unfolds, Loqbox, a UK-based financial wellbeing business, reveals compelling insights from a survey of over 2,300 of its members, indicating a commitment to financial health among Britons in 2024.
Card Spending Grew Just 4.1 Percent in 2023 as Barclays Reveals the Top 10 Consumer Trends of 2023
- 11 months 2 weeks ago
- Personal Finance, Payments
Consumer card spending increased just 4.1 percent year-on-year in 2023 – noticeably lower than the growth seen in 2022 (10.6 per cent) – as Brits cut back on new clothes, eating out and home improvements amid rising inflation and household bills. However, consumers continued to prioritize moments of joy and shared experiences, boosting travel, entertainment, and pubs & bars.
Young People Turning to Buy Now, Pay Later to Bankroll Christmas
- 11 months 3 weeks ago
- Lending, Personal Finance
Rising costs forced young people to use buy now, pay later (BNPL) to afford Christmas this year as a quarter (23%) of young people admitted they were planning on buying their Christmas dinner this year using BNPL, according to new research from responsible lender, Creditspring.
