Industry News

DWP To Check Bank Accounts

The Department for Work and Pensions (DWP) oversees benefits and pensions in the UK. As part of their oversight and to check if the correct amount of funds are being sent to…

2 months ago

The History of the Wirecard Scandal

In the UK thousands of Wirecard customers suddenly found themselves locked out of their online bank accounts, unable to pay for essentials. But how did a company in Germany losing nearly €2…

3 months ago

Sweatcoin – the Digital Currency which Pays you for Getting Fit

Do you struggle to find the motivation to exercise? Well, there could be some good news heading your way with Sweatcoin, the system that gives our monetary rewards in return for exercise.

6 months ago

How Online Banking has Revolutionised the Industry

It’s no exaggeration to say that few things have changed the way we go about our daily lives more than the internet. The last three decades have seen the internet loom large…

3 years ago

6 Reasons why people are unbanked or underbanked

While many of us may take having a bank account for granted, there remains a sizeable amount of people who find themselves with limited access to mainstream banking services. The terms most commonly…

3 years ago

Could the Government be about to Introduce Zero Interest Loans?

Prior to the Autumn Budget, Philip Hammond revealed that the government was considering the introduction of zero interest loans. A measure designed to help the 3 million people caught in a poverty cycle, those on a low income would be able to borrow money without ending up in vast amounts of debt.

3 years ago

Effects of Financial Stress Hits UK Workers

Britain currently has the lowest rates of unemployment seen in the country in 40 years but despite this, there’s mass financial stress. Many workers find it hard to get from one payday to the next, running out of money for essentials mid-month.

3 years ago

New Shopping App Promoted By Snoop Dogg – Is It Causing More Debt For Millennials?

If you’re a Twitter regular, you might have seen the hashtag #Klarna trending, backed by big name rapper Snoop Dogg. A Swedish shopping app that’s aimed particularly at millennials, Klarna is offering customers a new way to pay but is it likely to lead to spiraling debts?

3 years ago

Children from Poorer Backgrounds more Likely to be Unemployed, says Study

New research has found that youngsters who grew up in poverty are less likely to be able to find jobs than their peers with equivalent qualifications.

The study from charity group Impetus revealed that children from more affluent backgrounds were 50% more likely to be employed or in education than poorer children with the same qualifications. They believe this is due to what they describe as a “youth jobs gap”.

3 years ago