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Financial Literacy Stories

UK Stories

Financial Literacy stories

Creditspring tops GBP £1 billion in loan disbursements
Fintech

Creditspring tops GBP £1 billion in loan disbursements

Households squeezed by higher costs are turning to fixed-fee borrowing, helping the lender pass GBP £1 billion in loans.

By Karen Joy Bacudo • 4 min read • Last week
Most Buy Now, Pay Later users unaware of new UK rules
Fintech

Most Buy Now, Pay Later users unaware of new UK rules

Many shoppers could soon face affordability checks at checkout as 59% of BNPL users say they have not heard of the new rules.

By Karen Joy Bacudo • 5 min read • Last week
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 • 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 • This month
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 • This month
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 • This month
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 • This month
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

Global Stories

Financial Literacy stories

LemFi buys Wealth8 to add investing to its platform
Fintech

LemFi buys Wealth8 to add investing to its platform

The deal broadens LemFi's UK offering as it seeks to help internationally mobile customers move from transfers and savings into investing.

By Karen Joy Bacudo • 3 min read • This month

Stories from Other Regions

Financial Literacy stories

Australians turn to AI for money advice, survey finds
Data Protection

Australians turn to AI for money advice, survey finds

Trust remains a hurdle as younger Australians increasingly use AI to research investments, superannuation and retirement planning, a survey shows.

By Sean Mitchell • 4 min read • Yesterday
Australia urges small firms to ditch cheques for digital
Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • Yesterday
US workers want human review of AI financial advice
Fintech

US workers want human review of AI financial advice

Most US employees using AI for money advice still want a human check first, as financial stress rises and retirement plans slip later.

By Karen Joy Bacudo • 4 min read • Last week
Canadians know credit scores but struggle to improve
Fintech

Canadians know credit scores but struggle to improve

Many Canadians are delaying home purchases and other major decisions as awareness of credit scores fails to translate into action.

By Joseph Gabriel Lagonsin • 4 min read • Last week
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 • Last week
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 • This month
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 • This month
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 • This month