Tag : UK Consumers

Banking Apps Rank Higher Than Branches for UK Consumers
Banking Finance Fintech News

Banking Apps Rank Higher Than Branches for UK Consumers

Business Wire
by Business Wire0
New FICO research finds that consumer preferences are switching from branches to apps, requiring a shift in the customer experience According to new research1 by global analytics software leader FICO, the habits, behaviours and preferences of British consumers are changing when it comes to bank accounts. While branch closures continue to......
New Marqeta Research Finds UK Consumers Are Leading Global Adopters of Digital Payments, With Over Two-Thirds Now Comfortable Ditching Wallet For the Phone
Digital Payments Finance Fintech Lending News

New Marqeta Research Finds UK Consumers Are Leading Global Adopters of Digital Payments, With Over Two-Thirds Now Comfortable Ditching Wallet For the Phone

Business Wire
by Business Wire0
In the last seven days, 80% of UK consumers surveyed reported using contactless payments, compared to 46% of US respondents. Half (50%) of UK respondents confirmed their cash usage had decreased over the past year, as comfort grows with the idea of a cashless society. Embedded finance opportunity builds as......
New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst
Fintech News

New FIS Research Shows UK Consumers Addicted to ‘Financial Doomscrolling’ Fuelled by Economic Angst

Business Wire
by Business Wire0
Half of UK consumers surveyed said they are “obsessed” with checking their banking apps and balances, according to new FIS research. Eight in 10 UK consumers are utilising financial apps – online banking and mobile wallets being the most common. Mobile banking is the top reason for respondents’ loyalty to......
Survey Finds UK Shoppers are Frustrated with SCA and Merchants are Missing Out
E-commerce News

Survey Finds UK Shoppers are Frustrated with SCA and Merchants are Missing Out

Fintech News Desk
by Fintech News Desk0
UK consumers embrace new security measures, but still have high expectations when it comes to online shopping experience 36% of UK consumers have been unable to complete an online transaction due to new Strong Customer Authentication (SCA) regulations 68% said they would stop shopping with a retailer if they encountered......
FICO Survey: Overconfidence Could Put UK Consumers at Risk from Scams
News Risk Management

FICO Survey: Overconfidence Could Put UK Consumers at Risk from Scams

Fintech News Desk
by Fintech News Desk0
FICO’s latest survey reveals consumers are more worried about identity theft than scams; one in four feels there aren’t enough security checks As more payments are made online, new research from global analytics software firm FICO suggests that consumers are overconfident about their ability to spot a scam. When asked......
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