Tag: cost of living

Key UK CyberTech investment stats in 2023: • UK CyberTech companies raised a combined $217m, a 55% drop from 2022 • UK CyberTech deal activity reached...

Zellis, the HR and payroll specialists, disclosed that 77% of UK and Ireland's workforce have been under financial stress in the past year.

Research from Mintago has found a higher degree of financial stress amongst female employees in the UK compared to men.

FinTech global recently sat down with Fredrik Davéus, the CEO and co-founder of financial analytics API developer Kidbrooke. During the discussion, Davéus explained why investment firms should implement digital channels.

The cost-of-living crisis is putting 37 million Brits at risk of financial distress, a report from Tink suggests banks need to offer them some support.

UK-headquartered buy now pay later (BNPL) FinTech Zilch has partnered with UK debt charity StepChange to help those during the cost-of-living crisis.

As the cost-of-living crisis takes hold of the world, there are bound to be a number of challenges the financial market will need to brace for. One of the ways firms are looking to prepare for the challenge is through technology. 

It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour. 

As the world moves out of the pandemic and into the cost-of-living crisis, the future of financial advice is continuing to change.

Nearly half (43%) of financial services expect the cost-of-living crisis to increase the risk of financial crime and fraud over the next 12 months.