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Financial Literacy stories

Fig Financial tops CAD $500 million in Canadian lending
Fintech

Fig Financial tops CAD $500 million in Canadian lending

The milestone underscores rising demand for online borrowing as 40% of applications came outside normal banking hours, Fig said.

By Sofiah Nichole Salivio • 4 min read • Yesterday

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BNPL use among PayPlan customers rises 3,793% in UK
Fintech

BNPL use among PayPlan customers rises 3,793% in UK

Awareness of new rules remains low even as PayPlan customers increasingly use buy now, pay later to cover everyday household costs.

By Sofiah Nichole Salivio • 4 min read • 2 days ago
Visa says USD $36 trillion inheritance will shape spending
Fintech

Visa says USD $36 trillion inheritance will shape spending

Most of the USD $36 trillion wealth transfer will be saved or invested, with only a modest lift to US consumer demand.

By Karen Joy Bacudo • 4 min read • Last week
UK workers doubt pension will fund comfortable retirement
Fintech

UK workers doubt pension will fund comfortable retirement

A gap in pension understanding is leaving 43% of UK workers unconvinced their savings will deliver a comfortable retirement.

By Sofiah Nichole Salivio • 5 min read • Last week
Monzo launches automated debt consolidation with ClearScore
Fintech

Monzo launches automated debt consolidation with ClearScore

Automating repayments could ease strain for borrowers juggling multiple debts, as the bank aims to cut admin and improve approval odds.

By Karen Joy Bacudo • 5 min read • Last week
Confirmation of Payee passes 150 million checks in year
Data Protection

Confirmation of Payee passes 150 million checks in year

The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.

By Joseph Gabriel Lagonsin • 4 min read • Last week
UK banks vow to improve access to basic bank accounts
Customer Experience

UK banks vow to improve access to basic bank accounts

FCA findings show vulnerable customers are still missing out on basic bank accounts, prompting nine banks to tighten offer and application processes.

By Karen Joy Bacudo • 4 min read • Last week
Klarna partners Money Wellness on free Money MOT checks
Buy Now Pay Later

Klarna partners Money Wellness on free Money MOT checks

The tie-up puts debt and budgeting advice inside a major shopping app, giving UK users an early route to free financial support.

By Karen Joy Bacudo • 4 min read • Last week
Hyundai Card sees strong teen uptake for Apple Pay cards
Fintech

Hyundai Card sees strong teen uptake for Apple Pay cards

Younger consumers drove almost seven in 10 sign-ups for Hyundai Card's Apple Pay rewards debit and hybrid cards within 50 days.

By Sofiah Nichole Salivio • 4 min read • Last week
Penfold adds workplace pensions to Perkbox benefits app
Fintech

Penfold adds workplace pensions to Perkbox benefits app

Employees using Perkbox can now access workplace pensions in the same app as perks and rewards, as providers race to boost engagement.

By Joseph Gabriel Lagonsin • 4 min read • This month
Verizon programme helps Florida optician grow revenue
Digital Transformation

Verizon programme helps Florida optician grow revenue

The Florida optical shop lifted revenue by 16% after owner Lea Agramonte used free training to tighten budgets and adopt digital tools.

By Mark Tarre • 5 min read • This month
Social media fuels house envy among UK first-time buyers
Social Media

Social media fuels house envy among UK first-time buyers

Rising house prices and borrowing costs are pushing first-time buyers to compare budgets with curated home posts, a survey found.

By Sofiah Nichole Salivio • 4 min read • This month
Australian superannuation, at the crossroads, must embrace AI
Digital Transformation

Australian superannuation, at the crossroads, must embrace AI

With $310 billion sitting in dormant accounts, funds face rising churn and must use AI to keep members and assets in place.

By Josh Shipman • 4 min read • This month
Starling launches AI scam checker for five million
Data Protection

Starling launches AI scam checker for five million

Customers can now quiz Starling's app before sending money, as UK fraud losses climb and romance scams hit savers hardest.

By Karen Joy Bacudo • 4 min read • Last month
SoFi launches AI investing platform Composer by SoFi
Fintech

SoFi launches AI investing platform Composer by SoFi

Retail investors can now build and test rules-based strategies in plain English, as SoFi folds the platform into its app after buying Composer Securities.

By Karen Joy Bacudo • 3 min read • Last month
FICO & Chelsea Foundation launch teen money programme
Collaboration

FICO & Chelsea Foundation launch teen money programme

Teenagers at Stamford Bridge are learning budgeting through a football club simulation as FICO begins its first UK financial education push.

By Sofiah Nichole Salivio • 3 min read • Last month
Count launches UK Stocks & Shares ISAs with Alpaca
Platform-as-a-Service

Count launches UK Stocks & Shares ISAs with Alpaca

Eligible UK savers can now access tax-advantaged investing on Count's platform, as it tackles the advice gap for lower-balance customers.

By Karen Joy Bacudo • 5 min read • Last month