Nearly half of Brits have saved money from using banking apps, crediting instant access to statements, savings goals and payment reminders for helping them to save cash. Interest in challenger banks on the rise, with nearly 1 in 5 (18%) using a challenger bank or app, and a further 25% interested in doing so.
Author: Rob Lewis
Man Charged Over Covid-19 Vaccine Scam Text Messages
A man has been arrested and charged with sending out scam text messages related to the Covid-19 vaccine following an investigation by the Dedicated Card and Payment Crime Unit (DCPCU), a specialist police unit funded by the banking industry.
Budgeting Apps “Lead To Overspending”
Contrary to popular belief, research suggests that budgeting apps have been shown to have the opposite result to that intended, and in reality drive overspending
Revolut launches smart Subscriptions feature
Revolut hasannounced the launch of its new Subscriptions feature, a simple way to track all subscriptions, Direct Debits, and recurring payments in one place.
Ten Covid-19 Scams To Avoid
UK Finance has revealed ten Covid-19 and lockdown scams which criminals are using to target people to get them to part with their money.
Warning: Amazon Prime Renewal Phone Call Scam
Beware of the latest incarnation of this phishing scam, which targets Amazon Prime users.
NatWest “Mimo” – New Personal Finance App Trialled
A virtual personal assistant to help customers manage their financial life.
Young People “Most Likely To Be Victims Of Online Fraud”
Despite the common assumption that the younger generation is more tech-literate, three in 10 (31%) 16-24-year olds have been a victim of online shopping fraud, compared with only 12% of over 55s
Mobile #1 Channel For First Direct Customers
More first direct customers using their smartphone to bank than computer
Most Common Online Scams To Be Cautious Of
TalkTalk is arming consumers with information on the common online scams to be most cautious of.