Fintech Is Slowly Taking Over The Financial Industry FinTech companies are starting up across the globe, but what exactly is FinTech? What is FinTech? Financial Technology (or FinTech as it’s starting to become more commonly known as) is a new industry slowly taking over. FinTech is an industry which offers financial services to people while…
Always waiting for pay day? Do you find you are waiting for the payday every month? Are your wages not lasting the whole month? When pay day feels far away When your salary just doesn’t quite stretch until the payday, it can feel like a trap with no way out. This situation is affecting more…
Important Things You Should Know About Credit Cards Before You Apply? Searching for a credit card can be an overwhelming and confusing experience. A quick search on various credit card lenders and a comparison website will bring up an endless selection of credit cards all claiming to offer you the best. It’s important that you…
Bank Scams Are Causing Fraud To Increase Banking scams have hit the UKs financial industry; this has caused fraud rates to rise by 26%. The biggest contributor to this was remote fraud which has cost the UK consumer £168 million in 2015. Financial fraud is rising In 2015 £755 million was stolen from financial institutions…
Could The UK Be Faced With yet Another Banking IT Crisis? In 2012, the RBS Group was hit by a banking disaster due to computer system problems. Could similar complex business codes cause further disruptions? The 2012 banking IT failure The RBS Group, which includes the banks NatWest, Ulster Bank, Coutts, and Royal Bank of…
Stop lining the banker’s pockets because of your lack of knowledge Making sure that you know what you’re getting into and stay wise to any hidden potholes makes a big difference to your finances. Not knowing what your options really are can lead to you not getting the maximum possible benefit from any investments. Not…
Who Holds The Power? The Consumer Or The Bank? Most people have a bank account but how many of us really understand what the banks do with our money? How many of us feel that we have complete control of our finances? What exactly do banks do with our money? Have you ever stopped and…
Have We Learnt Our Lesson Or Are We Heading For Another Crash? The financial crash in 2008 caused panic and terror amongst the financial sector. The biggest fear was a complete financial meltdown which would have a knock on effect on other industries. Why would a financial meltdown cause so much damage? We live in…
Ways To Beat The Banks In a world which appears to be run by the banks, it can feel like we are powerless. However, you may have more power than you thought? Take back control of your money Money affects all of us, without money we would struggle to survive. This is why it’s so…
The Vital Role You Play In The Economy We are all contributing to the economy one way or another, either through taxes or shopping. We all have our part to play in keeping things going. The financial industry relies on us If we stopped banking, spending money, going to work, or any other activity which…
