Search Results for: non-essential expenses

Financial Institutions Should Focus On Meeting Sustainability Goals, Say Quarter Of Brits
Artificial Intelligence Banking Business Fintech InsurTech Investment Services News Risk Management

Financial Institutions Should Focus On Meeting Sustainability Goals, Say Quarter Of Brits

Fintech News Desk
by Fintech News Desk0
New YouGov research shows how COVID-19 has significantly impacted consumers’ financial behaviours and priorities and will likely continue into 2021. Read More:  Hacking Insurance to be 10x Faster Almost two fifths of Britons say they’ve actively reduced their non-essential expenses (37%), and six in ten plan to carry on limiting their......
Fortis CEO Predicts 'The Great Restoration' for the FinTech and Payments Industry
Digital Payments Fintech News

Fortis CEO Predicts ‘The Great Restoration’ for the FinTech and Payments Industry

PR Newswire
by PR Newswire0
Embedded payments leader lays out the future for FinTech after a period of hypergrowth. Fortis, a payment and commerce technology leader for software providers, marketplaces and scaling businesses, shares CEO Greg Cohen’s predictions on the future of payments and financial technology amid significant industry shifts with the beginning of what Cohen has......
Educators Making Plans to Put Student Loan Payments Back in Their Budgets
Digital Payments Finance News

Educators Making Plans to Put Student Loan Payments Back in Their Budgets

Business Wire
by Business Wire0
Student Loan Solutions accounts can help educators receive Public Service Loan Forgiveness for balance of student loan debt Half of educators with student loan debt say that resuming federal payments in October will have a major impact on their household’s finances. The new data, released by Horace Mann today, underscores......
Middle-Income Americans’ Credit Card Usage, Debt on Rise
Finance News

Middle-Income Americans’ Credit Card Usage, Debt on Rise

Business Wire
by Business Wire0
Despite current high cost of living, families slightly more optimistic about future than year ago. Primerica, a leading provider of financial services in the United States and Canada, released the Middle-Income Financial Security Monitor for the second quarter of 2023 — a national survey that measures changes in the sentiments......
Customers Demand More From Banks as Cost-of-Living Crisis Bites
Banking News

Customers Demand More From Banks as Cost-of-Living Crisis Bites

Fintech News Desk
by Fintech News Desk0
New study of 5,000 banking customers reveals they feel their bank hasn’t been proactive enough in supporting them through the worst economic crisis in decades Most customers have had no communication from their bank in recent months with guidance on managing their finances at this difficult time and feel their......
Banking Fintech Guest Posts

Small Business Owners Must Get Payroll Compliance Right to Ensure COVID-19 Loan Forgiveness

Lisa Carmen
by Lisa Carmen0
Small business leaders have had to adapt quickly to the evolving business crisis caused by the COVID–19 pandemic. First, they had to protect employee safety by rapidly shifting to work from home and shuttering non-essential facilities. With that accomplished, business owners pivoted to conserving capital, cutting expenses, and leveraging government......
Borro Introduces Inventory Loan Product to the Luxury Goods Trade
Banking Fintech InsurTech Investment Services News

Borro Introduces Inventory Loan Product to the Luxury Goods Trade

Fintech News Desk
by Fintech News Desk0
Short-term standard loan or line of credit options use part of retailers’, wholesalers’, traders’, manufacturers’ and other trade members’ luxury asset inventory as collateral Borro, the leading provider of confidential, non-bank loans that use borrowers’ luxury assets as collateral, announced the introduction of the Borro Luxury Inventory Loan product to......
82% Indians bear financial brunt of COVID-19: IndiaLends survey
Economy Fintech News

82% Indians bear financial brunt of COVID-19: IndiaLends survey

Fintech News Desk
by Fintech News Desk0
 Nearly 72% say they will opt for a personal loan to tide over crisis  A recent survey by IndiaLends, a digital lending platform, has revealed that the pandemic has severely affected the financial health of salaried and professional individuals with 82% of respondents saying they are struggling to make ends......
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